news 
Solana (SOL) Critical, Here’s Why; Key Shiba Inu (SHIB) Support Survives, Is Hidden XRP Volume Pattern Forming?
In recent market developments, Solana (SOL) is in a critical state. According to the analysis presented by trader Arman Shirinyan, the asset is currently struggling to break above its upper boundary of an ascending channel. This indicates that if buying momentum increases and this level is breached, there may be a significant upward movement.
On the other hand, Shiba Inu (SHIB) has seen some support in recent days as the $0.0000064 mark remains intact. However, it’s unclear whether this support will continue to hold or if it’ll give way under the current market pressure.
As for Ripple (XRP), a potential hidden volume pattern may be emerging on the charts. A failure to maintain current support levels around $2.20 could lead to further downside action, potentially triggering a deeper correction in the process. This would signal a shift in market sentiment and raise concerns about the asset’s long-term prospects.
In terms of XRP’s current technical picture, it appears that neither overbought nor oversold conditions have been reached based on the Relative Strength Index (RSI).
Source: u.today
