XRP's $5 Dream Not Over Yet, Shiba Inu (SHIB): Head and Shoulders Forms, Bitcoin (BTC) Price in Deep Waters
Main Idea
Despite recent volatility, XRP, Shiba Inu (SHIB), and Bitcoin (BTC) show potential for future price increases, with technical analysis highlighting key resistance and support levels.
Key Points
1. XRP is consolidating at $3.20, with resistance at $3.35-$3.40; a breakout could target $3.60, then $4.00 and $5.00.
2. Shiba Inu (SHIB) shows early signs of a head and shoulders pattern, with key resistance at the 200-day EMA (~$0.00001428) and potential for a rally to $0.00001550.
3. Bitcoin (BTC) faces resistance at $120,000, with support at the 20-day EMA ($115,964) and 50-day EMA ($113,934); a break below could push it toward $108,377.
4. XRP's critical support levels are the 50-day EMA ($2.79) and 20-day EMA ($3.05), which could be buying opportunities for long-term investors.
5. SHIB's neckline support is between $0.00001200 and $0.00001220; a drop below $0.00001150 could indicate further decline.
Description
Most assets on market show solid potential, but there's catch
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