CandleFocus

Shiba Inu (SHIB) Fails First Major Test, Bitcoin (BTC) Losing Fuel, XRP Ready for Another Skyrocketing Rally?

The crypto news content discusses the recent price movements and future outlook of Shiba Inu (SHIB), Bitcoin (BTC), and XRP. SHIB failed to overcome an important resistance level, indicating a setback and potential downward pressure. BTC is experiencing limited momentum and volatility, with traders exercising caution. Success in breaking above the 50-day EMA could lead to a rally towards $100,000, while failure may result in consolidation or decline. XRP has seen a robust rebound and could rally towards $3.50-$3.70 if it breaks above $3 successfully. However, caution is advised as it faces resistance and may experience pullbacks.

Related News