Technical updates and analysis: PEPE, SHIB, XRP
Pepe (PEPE)
Pepe is currently trading at $0.00001202, indicating a gain of 1.43%. The main support level for PEPE is at $0.00001100, which has held during the recent decline. In terms of resistance, $0.00001350 is the key level to watch. If PEPE can overcome this resistance, it could achieve even higher gains. However, a drop below $0.00001100 could result in a drop to $0.000010.
XRP (XRP)
XRP is trading at $0.5984, down 1.04%. The main support level for XRP is at 0.5 USD, which is an important point for buyers. The main resistance levels are $0.60 and $0.685. A break above $0.68 could signal a strong uptrend, while a failure to hold above $0.50 could result in a decline to $0.434.
Shiba Inu (SHIB)
The Shiba Inu is trading at $0.00001719, up 2.81%. The main support level for SHIB is $0.00001500, which has provided a solid foundation during the market correction6. The key resistance to watch is 0.000020007 USD. If SHIB can overcome this resistance, it could post higher gains. However, a drop below $0.00001500 could result in a retracement to $0.000012506.