XRP: Game Over for Bears? Shiba Inu (SHIB) Bounces Back from the Grave, Ethereum (ETH) Ready to Explode Past $4,000
Main Idea
The article discusses the potential bullish trends for XRP, Shiba Inu (SHIB), and Ethereum (ETH), highlighting key price levels and technical indicators suggesting possible upward movements.
Key Points
1. XRP has stabilized in the $3.10-$3.20 range, holding above key moving averages (50-day, 100-day, and 200-day EMAs), with an RSI around 61, indicating potential for another upward move.
2. Shiba Inu (SHIB) is recovering, trading above the 50-day EMA and holding the $0.0000134-$0.0000136 range, with an RSI of 53.63 and increased volume suggesting buyer interest.
3. Ethereum (ETH) is stable around $3,800, with an RSI of 79.46, and could break past the $4,000 level if it surpasses $3,800 with significant volume.
4. XRP's current position suggests it is at a pivotal juncture, with the potential to reverse the bear market trend if it maintains its stability.
5. SHIB's recovery could retest local highs around $0.0000160 if it reclaims the $0.0000145 level, but a drop below $0.0000134 might push it toward $0.0000126 support.
Description
Bulls might finally retake control if new trading week starts off on positive note
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