• 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

10 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.

chest

Other news

Critical Support Levels Identified for Chainlink

chest

Critical support levels for Chainlink identified at 1070, 894, and 690, with a warning about a potential break below 690 indicating a larger Wave 4 scenario.

user avatarTando Nkube

Chainlink Price Approaches Critical Trendline Break

chest

Chainlink's price is compressing within a triangle structure, indicating a potential major move.

user avatarKofi Adjeman

Cocoon Launch by Pavel Durov Significantly Boosts Toncoin

chest

The launch of Cocoon by Telegram cofounder Pavel Durov has significantly increased the price and trading activity of Toncoin.

user avatarNguyen Van Long

Amazon Unveils AI Factories to Challenge Microsoft's Cloud Dominance

chest

Amazon Web Services has launched AI Factories, enabling on-premises AI systems powered by Nvidia technology, directly challenging Microsoft's cloud services.

user avatarSatoshi Nakamura

FLOKI and Shiba Inu: Resilient Players in the Meme Coin Space

chest

FLOKI and Shiba Inu continue to demonstrate their resilience as top meme coins, showcasing community engagement and utility-focused projects in the volatile crypto market.

user avatarRajesh Kumar

Apeing Whitelist: Your Strategic Edge in Crypto Investment

chest

Joining the Apeing whitelist is a strategic move for crypto investors, providing early access and priority allocation of APEING tokens, which can lead to substantial gains.

user avatarJesper Sørensen

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.