CandleFocus XRP: $3 Isn't Fantasy Right Now, Shiba Inu (SHIB) Performs Mind-Blowing Breakthrough, Bitcoin (BTC) Giving up on $100,000?
2024-12-03
Author: Content Editor
XRP has experienced a significant increase, reaching $2.44 and becoming the fourth-largest cryptocurrency by market value. There is speculation about the possibility of XRP hitting $3 with its current momentum and strong trading volume. However, the market being overbought suggests a potential consolidation or pullback before further gains. Shiba Inu (SHIB) has also shown positive momentum, breaking resistance levels and maintaining support above $0.00003, although the overbought RSI indicates a possible correction. Bitcoin is struggling to surpass the $100,000 milestone, and a break above $98,000 is needed to reignite bullish momentum. A pullback is more likely as market sentiment cools, with key support levels at $90,400 and $80,400. Bitcoin's overbought status suggests a consolidation or correction may occur.
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