The crypto news content highlights the struggles faced by three cryptocurrencies - XRP, Shiba Inu (SHIB), and Solana (SOL). XRP is currently testing the upper limit of a descending triangle pattern and is facing resistance at $2.50. Its on-chain metrics, including a 97% decrease in volume, are presenting obstacles to price recovery. SHIB is experiencing exhaustion and has failed to gain traction, with sellers in control of the trend. It is hovering around $0.00002749 and may test support at $0.00002640. Solana, after a strong rally, is facing pressure from sellers and supply issues. It is currently trading at $218.78 and is trying to break resistance at $230. The March token unlock event is causing anxiety among investors. To rebound, Solana needs to recover and hold above $230, with a potential target of $250-$260.
Content Editor ( u.today )
- 2024-12-16
XRP Fights for Survival Right Now, Shiba Inu (SHIB) Lost It, Will Solana (SOL) Finally Bounce?
