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Title: XRP Reaching Critical Support Level, Shiba Inu (SHIB) Breaches Yearly Price Foundation, Dogecoin (DOGE): Has It Begun?
If XRP is unable to hold the 200 EMA, a significant support zone of $1.80 would be next in line. This level’s failure could potentially push the price even lower towards $1.50, invalidating any near-term bullish case and paving the way for further losses. However, the 200 EMA has historically served as a reliable support area for XRP, which might prompt bulls to defend it. If buyers can reverse the momentum with a bounce from this point, there’s a possibility that XRP could attempt to recover towards $2.30-$2.40. This would necessitate a shift in market sentiment overall.
In contrast, Shiba Inu (SHIB) has recently breached its yearly price foundation, which may be an early indication of a larger trend change in the market.
Source: https://u.today/xrp-reaching-critical-support-level-shiba-inu-shib-breaches-yearly-price-foundation-dogecoin-doge
