The trading volume of Shiba Inu (SHIB) has been increasing, indicating growing interest and potentially signaling a change in market sentiment. SHIB is forming a higher low, which is encouraging and suggests the long-term declining trend may be ending. The direction of SHIB's price depends on whale activity and breaking critical resistance levels at $0.0000135 and $0.00001712. The support level at $0.00001124 must be maintained.
On the other hand, Toncoin experienced a denial at the $5.50 level, indicating selling pressure at higher prices. The falling volume and lack of interest in follow-through buying contributed to the reversal. The next important level for Toncoin is $5, which will determine its bullish momentum. The $4.50 support level needs to be maintained to prevent further declines.
XRP is forming a symmetrical triangle pattern, suggesting a period of consolidation before a significant price movement. A breakout above the triangle could indicate a bullish continuation towards resistance levels at $0.58 and potentially higher. However, a bearish breakdown could lead to a retreat towards support levels at $0.52 and $0.50.
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