CandleFocus

XRP Needs This Breakthrough for Price Skyrocketing, Shiba Inu (SHIB) Won't Join Market Recovery? Ethereum (ETH) Needs 26% to Make It All Back

XRP Needs This Breakthrough for Price Skyrocketing, Shiba Inu (SHIB) Won't Join Market Recovery? Ethereum (ETH) Needs 26% to Make It All Back
The summary of the given crypto news content is:

1. XRP is showing signs of recovery but needs to overcome the crucial resistance level of $2.5 to enter a long-term rally. Failure to break through this level could result in a retracement or consolidation. 2. Shiba Inu (SHIB) is struggling to keep up with the overall market recovery and is facing resistance at the 26-day exponential moving average. It lacks buying pressure and volume, making its chances of joining the market rally low. 3. Ethereum is still having difficulty gaining traction for a comeback. It needs to rise by 26% and overcome strong technical resistance to enter bullish territory. 4. The rise of Solana is displacing Ethereum in the DeFi ecosystem due to its cheaper fees and quicker transaction speeds.

Related News