Will Shiba Inu (SHIB) Lead The Memecoin Bull Run?
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Shiba Inu (SHIB) has built momentum this week following an increase in burn rates and whale transactions amid other factors.
Shiba Inu (SHIB) is igniting bullish interest in the cryptocurrency market following a wave of positive on-chain factors spurring price growth.
At press time, SHIB trades at 0.0000227, an 8% increase this week despite facing slight short-term corrections.
The uphill rally in SHIB and memecoins has been tipped by multiple traders on social media spaces as ushering in the next market bull phase. Shiba Inu’s market capitalization stands over $13.4 billion with daily trading volumes almost at $400 million.
Shiba Inu recorded surging transactions alongside its price uptick. The memecoin notched an increase in daily volumes and new active accounts on the back of network upgrades.

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#Bitcoin #Ethereum #SHIB #ShibaInu $SHIB

Introduction
Shiba Inu (SHIB), the popular meme-based cryptocurrency, has attracted significant attention in the crypto market. As the end of 2024 approaches, investors and enthusiasts are keenly watching its performance. Predictions for SHIB's price in December 2024 offer a mix of cautious optimism and uncertainty, shaped by its ecosystem development, market trends, and broader economic factors.
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Current Performance and Context
As of late 2024, SHIB has experienced moderate fluctuations. The token has traded between $0.00001 and $0.000025 for much of the year, reflecting the market’s consolidation phase. At its peak in October 2021, SHIB reached $0.00008845, and while it's far from those highs, it remains among the top cryptocurrencies by market capitalization​​​​.
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Predicted Price Range for December 2024
Experts and AI-based predictive tools suggest varied outcomes for SHIB by the end of the year:
1. Conservative Outlook
A cautious prediction places SHIB's price in the range of $0.00001 to $0.000025, factoring in moderate trading activity and limited adoption growth. This outlook reflects the inherent volatility of meme-based cryptocurrencies​​​​.
2. Optimistic Scenario
More bullish forecasts see SHIB reaching up to $0.000044 if favorable market conditions arise, such as a broader crypto rally or increased adoption of Shiba Inu’s ecosystem products like Shibarium​​​​.
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Factors Influencing SHIB's Price
1. Ecosystem Expansion
Shiba Inu’s ecosystem, including ShibaSwap and the Layer-2 solution Shibarium, could drive adoption, potentially boosting demand and price.
2. Market Sentiment
A resurgence in the crypto market or a new wave of interest in meme tokens could push SHIB higher.
3. Competitive Pressure
The introduction of new meme coins and utility tokens may impact SHIB’s market share, keeping its growth in check​​.
4. Macroeconomic Conditions
Broader economic factors, such as inflation or regulatory developments, will play a significant role in determining the overall cryptocurrency market trends.
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Risks and Considerations
While optimistic predictions are tempting, it's essential to approach them with caution. The crypto market is inherently volatile, and SHIB’s reliance on market sentiment and speculative trading adds to the uncertainty. Investors are advised to diversify their portfolios and conduct thorough research before investing​​​​.
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Conclusion
Shiba Inu’s December 2024 price predictions present a mix of cautious and optimistic scenarios. While reaching its all-time high seems unlikely in the near term, SHIB remains a popular and closely watched cryptocurrency. Whether its price will rise significantly depends on ecosystem developments, market conditions, and external economic factors. For now, the token’s future holds both potential and risk.
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Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your research or consult with a financial advisor before making investment decisions.

#ShibaInuJourney #SHIB #CryptoPredictions2024 #CryptoMarket #Shibarium
$SHIB

$SHIB

Is SHIB (SHIBUSDT) ready to surge higher?
Shiba Inu (SHIB) has recently consolidated within a defined range, forming a potential bullish flag pattern. This pattern suggests that the price could be preparing for a significant upward move.
Why a Breakout Could Be Imminent:
* Bullish Flag Pattern: The formation of a bullish flag pattern is a strong bullish signal.
* Upward Trendline: The price is currently trading above a strong upward trendline, indicating bullish momentum.
* Potential Target: A breakout from the current range could lead to a significant price increase, potentially reaching the $0.000030 level.
Trading Strategy:
* Buy on Dip: If the price dips to the lower end of the range, it could be a good buying opportunity.
* Stop-Loss: Place a stop-loss below the lower end of the range to protect your investment.
* Take-Profit: Set your take-profit targets based on your risk tolerance and market conditions.
Remember:
* Do Your Own Research: This analysis is not financial advice. Please conduct your own research before making any investment decisions.
* Risk Management: Always use stop-loss orders to limit potential losses.
* Diversification: Spread your investments across various assets to reduce risk.
Let's keep a close eye on SHIB and see how it develops in the coming days!
Please share your thoughts and predictions in the comments below.
#SHIB #SHIBUSDT #Crypto #Trading #Investing

Niza Global (NIZA), Shiba Inu (SHIB), and PEPE are among the promising coins that some of the biggest Dogecoin addresses have started to diversify their portfolios with. This is rather surprising.

A greater focus on assets with strong potential to provide substantial profits in the near future is seen in this change.

The predicted profits for these tokens might reach 20,000%, so let's find out why whales are interested in them and what that implies for their future.

Shiba Inu: A Revolutionary Dog Breed That Leads Ecosystems

A major upgrade to Shibarium layer-2 blockchain caused quite a stir when it was released by Shiba Inu. The "Shibarium Token Asset Repository" was launched in the most recent version by Lucie, a member of the Shiba Inu team, on X.

Token owners from various networks may benefit from this repository by contributing token photos and details. Whales have taken notice of this improvement and are hoping that the expansion of its ecosystem will lead to price hikes in the future.

Analysts predict that Shiba Inu, which is now trading at $0.00002494, might reach a 5x gain over the next bull cycle thanks to its dedicated community and ambitious goals. In the midst of this retail-driven frenzy, experts predict that Shiba Inu might deduct a leading zero and reach a maximum of $0.00015.

The Memecoin Market's Next Big Thing: PEPE

The whales' activity around Pepe increased by a factor of four after Robinhood made its statement. On November 13, the number of large transactions involving $100,000 or more in PEPE jumped from $405 million to $1.66 billion, as reported by the on-chain analytical tool IntoTheBlock.

Even while PEPE doesn't have Shiba Inu's abundant ecology, it makes up for it with enthusiastic support from the community and curious onlookers. Because of its tremendous volatility and current price of $0.00002142, it is attractive to high-risk, high-reward investors.

Given PEPE's meme-based appeal and increasing acceptance among traders, whale activity in the cryptocurrency shows a conviction in its short-term ability to generate big returns. The most basic estimate for the price of Pepe in 2024, based on technical research, is $0.00000781. The PEPE price has a maximum potential increase of $0.0000189.

Niza Global's (NIZA) Ascent: A Prospectus for Future Peak Performance

In a world where technology is advancing at such a fast pace, there are new possibilities every day. As the cryptocurrency market continues to expand, initiatives such as Niza Global (NIZA) shine as examples of perseverance and ingenuity.

In addition to being a cryptocurrency, Niza Global stands for a dedication to long-term planning, trust, and an unshakeable faith in blockchain technology's promise. By concentrating on sustainable development and real-world value, NIZA has earned a reputation as a forward-thinking enterprise that prioritizes its community and investors.

Niza advocates for long-term success rather than short-term benefits, using the HODL approach to keep its followers focused on the greater picture. The project's increasing user base is reassured by its open strategy and commitment to provide concrete outcomes.

Its enormous development potential is highlighted by the fact that whales are migrating near NIZA. An initial investment of $10 in the presale might climb to more than $2,000 by 2025 if NIZA achieves its predicted 20,000% growth.

Niza Global is still a reliable go-to for anyone looking for innovation and stability in the crypto space, even as the market grows up. In the next years, NIZA's strategic approach, strong technology, and dedicated community will undoubtedly shape the financial industry.

Get involved. Take pleasure in the ride. Remain devoted to the strategy with Niza.

#MEMEalpha #AltcoinNextMove
#PEPE #SHIB #NIZA $PEPE

$SHIB

Shiba Inu ($SHIB ) remains a hot topic in the meme coin universe, with endless debates about its potential to hit the elusive $1 mark. While it's thrilling to dream of life-changing gains, the numbers suggest that $1 might be out of reach—for now.
🔶 What Would It Take for $SHIB to Hit $1?
Let’s break down the math. SHIB launched with a staggering one quadrillion tokens—a number so vast it could pay off the $35 trillion U.S. national debt 29 times over.
Even after Vitalik Buterin's legendary burn of half the supply and ongoing community efforts to reduce tokens, 589.51 trillion SHIB remain in circulation. For $SHIB to hit $1, its market cap would need to reach an eye-watering $589 trillion. To put that in perspective:
That’s 333x Bitcoin's current $1.83 trillion market cap.
It’s also 190x the entire crypto market's $2.41 trillion valuation.
Such numbers highlight the astronomical market growth required for SHIB to reach $1.
🔶 What About 1 Cent?
While $1 seems impossible, a more modest goal like 1 cent is more realistic but still ambitious. Achieving this would depend on:
Massive token burns to drastically reduce supply.
Exponential market growth as SHIB finds broader use cases and adoption.
A bullish sentiment across the crypto space to sustain SHIB’s momentum.
🚀 The Path Ahead
Currently, with a market cap exceeding $15 billion, Shiba Inu is a powerhouse in the meme coin space. Although $1 may be out of reach, continued burns, developments like Shibarium, and a supportive community could push SHIB toward smaller but significant milestones.

The crypto world is buzzing with excitement as on-chain data uncovers a mysterious investor holding over 10% of Shiba Inu’s total supply! This enigmatic whale now commands a staggering $2.5 billion worth of SHIB, igniting curiosity and debate across the community.

💥 What’s the Scoop?
Since 2020, this wallet has quietly amassed SHIB tokens, holding tight through market highs and lows. Here’s why this revelation is turning heads:
🌊 Market Impact: Such a colossal holding gives this whale enormous sway over SHIB’s price. A single transfer or sale could send shockwaves through the market, triggering rallies or dips.
📊 Distribution Worries: With one wallet controlling such a large slice of the supply, concerns about decentralization and fair token distribution are resurfacing.
💎 Unwavering Belief: Despite SHIB’s meteoric rise, this whale hasn’t sold a single token, signaling strong confidence in the token’s long-term potential.

🚀 Why It Matters for SHIB and You
1️⃣ Market Volatility: The whale’s movements—or lack thereof—could dictate SHIB’s next big move. Traders and investors should keep a close eye on on-chain activity.
2️⃣ Investor Sentiment: This whale’s strong hold suggests a bullish outlook on SHIB, which could inspire other investors to follow suit.
3️⃣ Decentralization Concerns: Centralized holdings in the hands of a few whales highlight the need for greater adoption and fairer token distribution.
🌟 What’s Next for SHIB?
Continued Adoption: With a growing ecosystem and new projects like Shibarium, SHIB aims to strengthen its position as a top memecoin.
Whale Watch: Community tools and platforms like Binance can help you track whale movements and make informed decisions.

💡 Final Thoughts
This mysterious whale adds intrigue to Shiba Inu’s journey as the world’s second-largest memecoin. While their silence suggests long-term confidence, their power to influence the market underscores the importance of staying vigilant.
📈 Don’t Miss Out!
Stay ahead of SHIB’s next big move by trading and tracking it on Binance, the world’s leading cryptocurrency platform. Get real-time updates, trade insights, and more!
#SHIB #WhaleAlert #CryptoNews #ShibaInu #BlockchainInnovation $SHIB

Unbelievable, but true: Imagine turning a $1,000 investment in Shiba Inu ($SHIB ) on November 15, 2020, into a staggering $396.2 million today. That’s an astronomical 39,620,325% return in just four years! This isn't just a dream — it's the incredible rise of SHIB!
📈 The Rise of SHIB: A Crypto Phenomenon
November 2020 Price: Shiba Inu was trading at fractions of a cent with 10 zeroes—virtually unheard of.
Peak Growth: SHIB soared to an 85,000,000% increase during its legendary 2020-2021 rally, creating countless crypto millionaires along the way.
💡 Why SHIB Took Off: The Secret to its Success
1. Accessibility: SHIB's low entry price allowed retail investors to scoop up millions of tokens with minimal capital.
2. Community Power: SHIB's strong, viral community fueled its growth, sparking trends and creating a sense of ownership among holders.
🌟 What’s Next for SHIB?
While past performance is no guarantee of future results, SHIB and other meme coins continue to ride the wave of community enthusiasm and market sentiment. For those chasing life-changing returns, timing, and patience are key.
⚠️ Reminder: Meme coins like SHIB come with high risks but can also bring high rewards. Always invest wisely and remember, a little luck can go a long way in the world of crypto!
🔗 Ready to Catch the Next Wave?
Shiba Inu’s journey proves that even small investments can lead to unimaginable fortunes. Will you be next? Join Binance, the world’s leading exchange, and start trading today for your chance at the next big opportunity!
🔗 Join Binance Now! 🔗

#Binance240MUsers #CryptoGains #SHIB
$SHIB

TL;DR

Shiba Inu (SHIB) may see a solid price jump if it clears the $0.000025 resistance.

The burning mechanism could also push the valuation up. The destroyed tokens in the last 24 hours equal over 11.5 million.

New Rally Under This Condition?

As CryptoPotato reported earlier, the meme coin sector has suffered a substantial pullback, with numerous tokens nosediving by double digits on a 24-hour scale. The second-largest in terms of market cap – Shiba Inu (SHIB) – has also underperformed, albeit registering more mild losses than PEPE, PNUT, BONK, and others.

Currently, the self-proclaimed Dogecoin killer is worth around $0.00002406, representing a 2% daily decline and an 8% weekly drop. 

SHIB Price, Source: CoinGecko

Some analysts, though, believe it may soon pump again if certain vital factors are in place. The popular X user Ali Martinez thinks SHIB could experience a 50% price increase if it surpasses the $0.000025 resistance. Currently, the valuation is only 3% away from reaching the depicted mark. 

Prior to that, the analyst claimed that almost 1.7 trillion SHIB tokens had been withdrawn from exchanges on a 24-hour scale. “The last time we saw a similar spike, Shiba Inu surged 62% in price,” he added.

The move might indicate a shift from centralized platforms toward self-custody methods. This could be interpreted as a bullish signal since it reduces the immediate selling pressure.

Earlier this month, X user Zack Humphries made an even more optimistic SHIB prediction. He outlined several factors that could push the price to a new all-time high. Some of those include rising interest from retail investors and the further advancement of Shiba Inu’s layer-2 scaling solution, Shibarium.

The protocol has been on a tear lately, hitting the massive milestone of 500 million processed transactions. For its part, the number of total blocks is inching closer to 8 million. For more updates on the ecosystem, check out our Shibarium news page.

Burning on the Rise Again

One important element suggesting that SHIB’s price may indeed head north in the short term is the resurgence of the meme coin’s burning program. The burn rate is up over 200% in the past 24 hours, resulting in more than 11.5 million tokens destroyed. 

The mechanism’s ultimate goal is to reduce the tremendous circulating supply of SHIB, potentially making it more valuable via scarcity. Since adopting the program, the team and the community have sent approximately 410.7 trillion tokens to a null address, leaving 583.7 trillion in circulation.

The post Shiba Inu (SHIB) Could Pump by Over 50% if It Surpasses This Major Resistance Level (Analyst) appeared first on CryptoPotato.

With its price finding it difficult to hold onto recent highs, Shiba Inu has recently displayed indications of waning momentum. Notwithstanding the difficulties, on-chain data shows intriguing patterns that might portend a future rebound or additional drops. A staggering 14.84 trillion in transaction volumes were recorded by SHIB in the past 24 hours.

Even though this amount is noteworthy, it is less than the most recent seven-day high of 21-23 trillion SHIB recorded on Nov. 14, 2024. The data also shows a significant decline in whale activity, which was a major factor in Shiba Inu rallies in the past. This decline in significant transaction volumes raises the possibility that large holders are reducing their holdings, which could indicate market prudence.

Near the $0.000025 level, which served as resistance during the asset's most recent ascent, the price chart clearly displays a struggle. Now that it has retraced, SHIB is attempting to test the $0.000024 support zone. This level may act as a launching pad for additional upward movement if it holds, but any break below it might trigger a more severe correction and perhaps a return to the $0.000021 support range.

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A minor cool-down from overbought territory is indicated by the relative strength index, or RSI, which suggests less buying pressure. The observed decline in trading volume is consistent with this, and it may also indicate a decline in interest from individual investors. SHIB may still be in the game, though, based on the on-chain activity. There is still potential for another breakout, given high transaction volumes and whale movements.

In order to bring in fresh interest from institutional and retail players, SHIB would have to recover the $0.000025 level and maintain a move above it. Although the situation now seems unclear, monitoring whale activity and important support levels will be essential to determining SHIB's course of action. Although the rally might be rekindled by a spike in volume and interest, cautious optimism is necessary for the time being.

The post SHIB’s Large Transactions Surge by 98%, Buy Sign or What? appeared first on Coinpedia Fintech News

Shiba Inu (SHIB), the second-largest crypto meme coin is on the radar of whales and institutions amid ongoing price consolidation, signaling a bullish trend. According to the on-chain analytics firm IntoTheBlock, SHIB’s large transaction volume has surged by 98% in the past 24 hours, indicating significant participation from whales and institutions.

Whales Activity: Large Transaction Volume Jumps by 98%

This significant increase is a bullish sign for the asset and could support an upcoming rally as it has the potential to attract retail investors and traders. Additionally, the exchange reserves for SHIB have dropped significantly over the past 24 hours, further reinforcing SHIB’s bullish outlook.

Source: IntoTheBlock Whales Withdraw 1.67 Trillion Token

According to the on-chain analytics firm Santiment, over 1.67 trillion SHIB worth nearly $41 million has been withdrawn from exchanges in the past 24 hours. Historically, the last time when SHIB experienced a similar spike in exchange outflow, the meme coin registered a price gain of nearly 62%.

1.67 trillion $SHIB have been withdrawn from exchanges in the past 24 hours. The last time we saw a similar spike, #ShibaInu surged 62% in price. pic.twitter.com/zcgmusDCuP

— Ali (@ali_charts) November 20, 2024

However, this time investors and whales have shown strong participation, as reflected in the transaction volume, potentially driven by the anticipation of an upcoming rally in SHIB, resulting in the withdrawal of trillions of tokens.

Current Price Momentum

Although on-chain metrics point to bullish momentum, SHIB is currently struggling to gain traction. At press time, the meme coin is trading near $0.000024 and has registered a price decline of 3.25% in the past 24 hours.

During the same period, its trading volume dropped by 12.5% indicating lower participation from traders and investors due to FLOKI’s ongoing price consolidation.

SHIB Technical Analysis and Upcoming Levels

According to CoinPedia’s technical analysis, SHIB is forming a descending triangle pattern on the four-hour time frame and is currently on the verge of a breakout. Based on historical price momentum, if SHIB breaches this pattern and closes a four-hour candle above the $0.000026 level, the meme coin could initially rally by 13% to reach the next resistance level at $0.000030.

Source: Trading View

Furthermore, if SHIB surpasses this hurdle, there is a strong likelihood it could rally an additional 25%, targeting the $0.000038 level as its second milestone.

As of now, SHIB’s technical indicators including the Relative Strength Index (RSI) and the 200 Exponential Moving Average (EMA), hint at bullish momentum and further suggest the potential upside rally in the coming days.

The Shiba Inu Whale: A $2.5 Billion Crypto Mystery
A single Shiba Inu ($SHIB ) whale has been holding a staggering 10% of the total SHIB supply, distributed across 150 wallet addresses. Here’s the incredible story of one of the most legendary crypto trades ever.
The Birth of SHIB and the Whale’s Entry
• $SHIB was launched as a fair launch on July 31, 2020, giving everyone an equal chance to participate.
• By the time of its launch, the deployer wallet (0xb8f2) controlled about 50% of the token supply, as noted in the Bubble Maps analysis.
Fast forward to August 2020, a new player entered the game—wallet 0x1406. This whale purchased 103 trillion SHIB for a mere 38 ETH, worth $10,000 at the time.
From $10,000 to $2.5 Billion: The Greatest Crypto Trade Ever?
• That 103T SHIB is now valued at $2.5 billion, marking a return of 250,000x—likely the most profitable trade in crypto history.
• As SHIB’s price surged, the whale’s holdings peaked at a jaw-dropping $5 billion during the 2021 bull run.
Staying Low-Key: A Strategic Move
• In November 2021, as Shiba Inu reached its all-time high, the whale moved assets from one wallet to 14 different addresses.
• Later, he further spread the holdings across approximately 150 wallets, likely to diversify risk and avoid drawing attention.
The Remarkable Part?

Despite splitting his holdings, this whale still retains 10% of the total SHIB supply. Over three years, he has held strong, showcasing exceptional discipline, especially in a volatile market like crypto
What’s Next for SHIB?
This whale’s activity is a testament to the faith some investors have in $SHIB and its ecosystem. While others trade in and out, he has opted for a long-term strategy. His moves not only reflect confidence but also help stabilize the market during volatility.
Key Takeaways
• 103 trillion SHIB bought for just 38 ETH: A 250,000x return that turned $10k into $2.5 billion.

• Diversification across 150 wallets: A smart play for safety and discretion.
• Still holding 10% of SHIB’s total supply: Unprecedented confidence in a memecoin’s potential.
The story of the Shiba Inu whale is not just about luck—it’s about timing, strategy, and an unwavering belief in the potential of $SHIB . As the SHIB ecosystem evolves, this whale’s movements will remain a key point of interest for analysts and investors alike.

$SHIB #memecycle
#Crypto #SHIB #ShibaInu #Altcoins

Price analysis 11/20: $BTC , $ETH , $SOL , #BNB , #XRPGoal , #DOGE , #ADA , #SHIB , TON, AVAX
Bitcoin continues its march toward $100,000, and several altcoins could be poised to hit new all-time highs.

Bitcoin
BTC
tickers down
$93,385
bulls have kept up the pressure, and the price is trying to climb above $95,000. Options contracts on BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust ETF (IBIT), launched on Nov. 19, were an instant hit.

Bloomberg ETF analyst James Seyffart said in a post on X that IBIT options recorded roughly $1.9 billion in notional exposure, and that could be the reason for Bitcoin’s new all-time high on Nov. 19.

Bitcoin’s price is nearing $100,000, but MicroStrategy, the largest corporate holder of Bitcoin, is not showing any signs of slowing down its purchases. The business intelligence firm revealed plans to raise $2.6 billion from senior convertible notes to buy more Bitcoin and for general corporate purposes.
Although several analysts are bullish on Bitcoin’s prospects, onchain data service CryptoQuant highlighted in a post on X that five indicators warn that Bitcoin could be close to its local peak.
Will Bitcoin break out of $100,000, triggering solid buying in the altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price analysis
Bitcoin rose to a new all-time high on Nov. 20, indicating the start of the next leg of the uptrend.
The BTC/USDT pair is likely to reach $100,000, where the bears will try to halt the up move. However, the upsloping 20-day exponential moving average ($83,818) and the relative strength index (RSI) in the overbought zone signal that the bulls remain in control. If the $100,000 resistance is surpassed, the rally could reach $113,331.
The first sign of weakness will be a break and close below the uptrend line. That could tempt short-term traders to book profits. A deeper correction could begin on a close below the 20-day EMA.
Ether price analysis
Buyers tried to push and maintain
ETH tickers down $3,049.87
above the $3,220 level on Nov. 18, but the bears held their ground.
The crucial support to watch out for on the downside is the 20-day EMA ($2,986). If the support holds, the bulls will again try to kick the price above $3,220. If they can pull it off, the ETH/USDT pair may rally to the downtrend line. Sellers are expected to mount a vigorous defense at the downtrend line.
The trend will tilt in favor of the bears if the price skids below the 20-day EMA. The pair may tumble to $2,850 and later to the 50-day SMA ($2,688).
Solana price analysis
SOL tickers down $233.07
turned down from $248 on Nov. 18, but the shallow pullback suggests that the bulls are not rushing to the exit.
Both moving averages are sloping up, and the RSI is in the overbought territory, suggesting that the path of least resistance is to the upside. There is stiff resistance at $260, but if the buyers bulldoze their way through, the SOL/USDT pair could ascend to $304.
Contrarily, the failure to shove the price above the overhead resistance zone of $248 to $260 could tempt several short-term traders to book profits. That may pull the price to the 20-day EMA ($209).
BNB price analysis
BNBtickers down $605.95
is taking support at the 20-day EMA ($610), indicating that the bulls are buying on dips.
Buyers will have to quickly propel the price above $667 to strengthen their position. If they do that, the BNB/USDT pair could rally to $722. This level is expected to act as a solid barrier, but if the bulls prevail, the pair may skyrocket to $810.
This positive view will be invalidated in the near term if the price closes below the 50-day SMA ($591). The pair may then descend to the uptrend line, which is again likely to attract buyers.
XRP price analysis
tickers down $1.08
has been consolidating between $1 and $1.20 after the recent vertical rally, indicating that the bulls are not hurrying to book profits.
The bulls will again attempt to drive the price above $1.27. If they succeed, the XRP/USDT pair could resume the uptrend. The pair could extend its rally to $1.27 and subsequently to $1.70.

The bears are likely to have other plans. They will try to defend the $1.27 resistance and pull the price below the psychological support of $1. If that happens, the pair may enter a deeper correction toward the 20-day EMA ($0.81). Such a move is likely to delay the start of the next leg of the uptrend.
Dogecoin price analysis
Buyers attempted to push Dogecoin
DOGE tickers down $0.3744
above the $0.44 resistance on Nov. 19, but the bears held their ground.
The DOGE/USDT pair is stuck between $0.33 and $0.44 for the past few days, indicating a tough battle between the bulls and the bears. If the price rises above $0.44, it will signal that the bulls have overpowered the bears. That could drive the pair to $0.50 and later to $0.59.
Alternatively, a break below $0.33 will indicate that the bulls are dumping their positions. That could sink the pair to the 20-day EMA ($0.30), an important short-term support to watch out for.
Cardano price analysis
Cardano ADA tickers down $0.7947
broke above the $0.80 barrier on Nov. 20, indicating the resumption of the uptrend.
If the price maintains above $0.80, the ADA/USDT pair could surge to the psychological level of $1. This level may act as a strong obstacle, but if cleared, the pair may move up to $1.25.

This positive view will be invalidated in the near term if the price turns down from the overhead resistance and breaks below $0.70. That could tempt short-term buyers to book profits, pulling the pair to the 20-day EMA ($0.58).
Related: BTC price all-time high above $94K comes amid Bitcoin sell-off warning
Shiba Inu price analysis
Shiba Inu tickers down $0.0000237
has been trading above the 20-day EMA ($0.000023), but the bulls have failed to clear the $0.000026 hurdle. This suggests that demand dries up at higher levels.
The price is stuck between the 20-day EMA and $0.000026. The upsloping 20-day EMA and the RSI in the positive territory give a slight edge to the buyers. A close above $0.000026 could propel the SHIB/USDT pair to the overhead resistance of $0.000029.
On the contrary, if the price breaks below the 20-day EMA, it will suggest that the bulls have given up. The pair may slump to the 50-day SMA ($0.000019), which is expected to attract buyers.
Toncoin price analysis
TON tickers down $5.24
is struggling to start a rebound off the moving averages, indicating a lack of demand at higher levels.
The bears will try to strengthen their position by pulling the price below the moving averages. If they manage to do that, the TON/USDT pair could fall to the $4.72 to $4.44 support zone. Buyers are expected to defend this zone with all their might because a close below $4.44 will complete a bearish head-and-shoulders pattern. That may sink the pair to $3.50.
On the upside, the bulls will have to push and retain the price above $6 to signal a comeback. The pair may then climb to $7.
Avalanche price analysis
Sellers thwarted attempts by the bulls to push Avalanche
AVAX tickers down $33.35
above the resistance line of the ascending channel on Nov. 17.
The 20-day EMA ($31.59) is the critical support to watch out for on the downside. If the price turns up from the current level or rebounds off the 20-day EMA with strength, it will signal buying on dips. That increases the likelihood of a breakout above the resistance line. The AVAX/USDT pair could rally to $42 and then to $50.
Contrary to this assumption, a break and close below the 20-day EMA will signal that the bulls are losing their grip. The pair may then dip toward the 50-day SMA ($28.24), extending its stay inside the channel for a few more days.