The crypto news content discusses the recent price movements and potential trends for Shiba Inu (SHIB), XRP, and Solana (SOL). SHIB has broken through its 50-day Exponential Moving Average, indicating a possible bullish trend. However, low trading volume raises concerns about the sustainability of this momentum. XRP is approaching a pivotal point on its chart, with a symmetrical triangle pattern suggesting an impending breakout, but the lack of direction and low volume make it difficult to predict the direction of the breakout. Solana has failed twice to breach the $150 resistance level, indicating its significance as a key resistance. With selling pressure increasing at this level, SOL faces challenges in moving higher. Support levels to watch for SHIB and SOL are $0.00001700 and $141-$139, respectively.
- Content Editor ( u.today )
- 2024-09-26
Shiba Inu (SHIB) Finally Bullish, XRP Getting Closer to Edge, Solana (SOL) Fails at $150 Once Again