• 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

9 months 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.

Other news

VanEck Files for Lido Staked ETH ETF

chest

VanEck intends to launch the Lido Staked ETH ETF to provide investors with exposure to Ethereum staking rewards.

user avatarJacob Williams

Coinbase Launches CDP Embedded Wallets for Developers

chest

Coinbase has launched CDP Embedded Wallets for developers, enabling easy integration of crypto functionalities into applications.

user avatarDavid Robinson

Dmail Partners with Coinbase for Enhanced Crypto Access

chest

Dmail has integrated Coinbase's CDP Embedded Wallets to enhance Web3 experience with simplified crypto wallet access.

user avatarAndrew Smith

Chainlink's Role in Decentralized Finance

chest

Chainlink is becoming increasingly essential in decentralized finance with its oracle infrastructure.

user avatarZainab Kamara

BlackRock Introduces New Fund to Back Stablecoin Reserves.

chest

BlackRock has launched the GENIUS Act-Aligned fund in the US to enhance stablecoin reserve management, targeting institutional issuers like Circle's USDC.

user avatarSon Min-ho

BlackRock's New BSTBL Fund Aims to Support USDC Issuers

chest

BlackRock has launched the Select Treasury Based Liquidity Fund (BSTBL) to support stablecoin reserves for USDC issuers like Circle, marking a significant step in stablecoin reserve management.

user avatarAyman Ben Youssef

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.