• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Shiba Inu, Ethereum, and XRP Analysis: What to Expect from the Crypto Market

user avatar

by Giorgi Kostiuk

a year ago

The cryptocurrency market is undergoing significant changes. Let's examine the impact of these changes on Shiba Inu, Ethereum, and XRP.

Current State of Shiba Inu

Shiba Inu is still facing challenges as its price struggles to hold onto key support levels. The asset loses support at $0.000022 and hits $0.000021. Despite a recent 5.36% recovery, SHIB remains under pressure. Sellers continue to exert influence, reflected in trading volume declines.

Ethereum Recovery

Ethereum shows signs of recovery with a 4.79% gain. The asset moves away from the support level at $3,120 and approaches resistance at $3,356. Increased trading volume also indicates investor interest.

XRP Correction

XRP is recovering after a correction, posting a nearly 10% gain. The asset tests support levels around $3. Continued growth depends on XRP's ability to overcome resistance and maintain above key levels.

Analysis of Shiba Inu, Ethereum, and XRP shows that the crypto market is in a state of change. Traders should closely monitor developments and remain cautious.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Fidelity Chooses Ethereum For its New FIDD Stablecoin

chest

Fidelity Investments is launching a new stablecoin called the Fidelity Digital Dollar (FIDD) on the Ethereum blockchain.

user avatarJacob Williams

Roblox Commits to Compliance Amid ACM Investigation

chest

Roblox commits to comply with the EU Digital Services Act amid ACM investigation, focusing on age verification and child safety.

user avatarZainab Kamara

ACM Investigates Roblox for Compliance with Child Safety Regulations

chest

The Netherlands Authority for Consumers and Markets (ACM) has opened a formal investigation into Roblox to assess its compliance with the EU's Digital Services Act regarding child safety.

user avatarSon Min-ho

Producer Price Index Surpasses Expectations

chest

Recent Producer Price Index (PPI) figures have surpassed expectations, showing a 3% increase compared to the anticipated 2.8%. This rise indicates potential challenges for future Consumer Price Index (CPI) adjustments.

user avatarAyman Ben Youssef

Crypto Advocacy Groups Support White House Talks

chest

Crypto advocacy groups express optimism about the upcoming White House meeting aimed at resolving industry disputes.

user avatarKofi Adjeman

US Government Gains Control of Helix Mixer Assets

chest

The US Department of Justice has seized over $400 million in assets linked to the darknet mixing service Helix.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.