Shiba Inu (SHIB): Fundamental Shift, XRP Sky Is Not Limit Now, Bitcoin (BTC) Price Cools Down
Main Idea
Shiba Inu (SHIB) and XRP show strong bullish trends with significant breakouts, while Bitcoin experiences a cooling-off period after a sharp rise.
Key Points
1. Shiba Inu (SHIB) has broken above the 200-day EMA, signaling a potential bullish phase, supported by increased trading volume and RSI above 75.
2. XRP has surpassed critical resistance levels, with strong momentum and volume suggesting further upside potential, possibly reaching $5.00.
3. Bitcoin is consolidating after a 25% rise, with key support levels at $113,500 and $109,000, but the overall trend remains upward.
4. The breakout in SHIB and XRP is backed by substantial volume, indicating legitimacy rather than thin liquidity or meme hype.
5. Bitcoin's current pullback is seen as a healthy correction after a rapid ascent, with no signs of a bearish reversal.
Description
Cooldown on Bitcoin might push rest of market forward in unexpected fashion
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