๐๐๐ Shiba Inu ($SHIB ) Hiding Enormous Potential, $XRP Could Be Back, but There's Catch, Vital Bitcoin ($BTC ) Moving Averages Cross Coming
Shiba Inu Eyes Breakout as Price Action Strengthens
- Shiba Inu (SHIB), currently priced at $0.00001850, is positioning for a potential breakout after moving above the crucial 200-day EMA. Traders see this as a bullish sign, with resistance at $0.00001950 and a breakout zone at $0.00002100. If SHIB surpasses these levels, it could attract more buyers and lead to a rally.
XRP Faces Resistance in Price Reversal Attempt
- XRP, trading at $0.5410, is attempting to reverse its bearish trend but is facing strong resistance at $0.56, where the 100-day and 200-day EMAs converge. Without breaking this level and with ongoing capital outflows, XRP risks further downside, with critical support at $0.50.
Bitcoin Approaching Critical 50/100 EMA Cross
- Bitcoin, priced at $63,647, is nearing a potential bullish crossover between its 50-day and 100-day EMAs. A successful crossover could ignite buying pressure and push Bitcoin past the key resistance at $61,900. Maintaining support at $63,000 is essential for sustained upward momentum.
Source - u.today
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