Bitcoin Faces Resistance Near All-Time High While Shiba Inu and XRP Show Potential for Gains

Key Points

1. XRP has surged roughly 10% since the start of the month, trading at approximately $2.17, with technical indicators supporting a bullish outlook.

2. Bitcoin's attempt to breach its all-time high near $112,000 was met with selling pressure, though medium-term outlook remains constructive with strong support levels.

3. Shiba Inu (SHIB) broke above its 50-day exponential moving average, signaling renewed bullish sentiment with a potential target of $0.000013.

4. XRP's upward trajectory is supported by rising volume and trend support, with potential targets of $2.50 and $2.75.

5. Bitcoin's trading volume surged during its breakout attempt but declined afterward, indicating caution for traders.