Is XRP poised to surge to $5? Meanwhile, Shiba Inu may face a significant drop!
Despite recent price fluctuations, XRP continues to demonstrate incredible resilience and potential.
The current price is stabilizing around $3.20, with key resistance at $3.35-$3.40.
If it can break through this range, the price may head straight to $4 and ultimately challenge the $5 mark!
On the support side, $3.05 and $2.79 are crucial; if they can hold, it will solidify the bullish trend.
In contrast, Shiba Inu (SHIB) is showing early signs of a head-and-shoulders pattern, indicating that downside risks are accumulating.
If it breaks the neckline ($0.00001200~$0.00001220), selling pressure may intensify unless the bulls quickly counterattack.
XRP: consolidating at $3.20; if it breaks resistance, a major surge will follow.
SHIB: weakening pattern; if it fails to break the 200-day moving average, it may fall into a deep correction.
Bitcoin: hovering around the $120,000 resistance; if it doesn’t break through, it may range trade.
Su's view remains that in the short term, XRP's volatility provides traders with an excellent opportunity for high selling and low buying as long as it holds the $3.00 support; he remains optimistic about it reaching $5 in the coming months.
Meanwhile, SHIB needs to be cautious of rapid declines resulting from pattern breaks.
What should be the next strategy for XRP, SHIB, and BTC?
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