We use cookies to offer a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. By clicking accept, you consent to our privacy policy & use of cookies. (Privacy Policy)

Top Crypto Price Prediction: XRP, Solana and Shiba Inu

Avatar photo
Lilly Mwogah Fact check, Reviewer
    Summary:
  • XRP is trading around $0.5714, a modest rise of 0.14% today. The price continues to hover above the crucial support level at $0.5471.
  • Solana is trading at $132.27, showing a slight increase of $0.66 % on the day. The daily chart shows SOL facing resistance at $139.03.
  • Solana has faced selling pressure since the latter part of August, unable to sustain a push beyond $163.23.

XRP Price Prediction: Key Levels to Watch

XRP is trading around $0.5714, a modest rise of 0.14% today. The price continues to hover above the crucial support level at $0.5471.

Resistance Ahead?

XRP faces some resistance at $0.6296; level traders will watch closely. A break above this point could push XRP toward $0.64, potentially setting the stage for a bullish rally. Buyers have recently returned to the market, signalling a possible breakout if the upward momentum continues.

XRP Support and Resistance

On the downside, $0.5471 remains a critical support level. If this level is breached, the next area of interest lies near $0.4678, likely leading to increased selling pressure.

XRP technical analysis

Conclusion

With buyers slowly gaining control, XRP’s price action will be pivotal over the next few days. Watch for a potential breakout if the resistance at $0.6296 is breached. On the flip side, if XRP drops below $0.5471, further downside could materialize, bringing the $0.4678 support into play. Keep an eye on these key levels for the next significant move.

Solana (SOL) holds steady near key support levels.

Solana is trading at $132.27, showing a slight increase of $0.66 % on the day. The daily chart shows SOL facing resistance at $139.03; the next significant level is $163.23. On the downside, support lies around $127.39.

A bearish trend dominates the short term

Solana has faced selling pressure since the latter part of August, unable to sustain a push beyond $163.23. The price currently ranges between $127.39 and $139.03, hinting at possible accumulation. A move above $139.03 could open the door for a bullish rally, while dropping below $127.39 may signal further downside risk.

Solana technical analysis

Solana support and resistance levels

Key levels of $127.39 support and $139.03 resistance will be critical in determining future price direction. The upcoming price movements could reveal if the market has fully adjusted to recent downward pressures.

Shiba Inu Struggles Near Support: Will It Hold?

Shiba Inu (SHIB) is trading at  $0.00001329, a slight dip of -0.75% today. The daily chart highlights the critical support level at $0.00001291, which has held steady over recent sessions. This is a crucial area for bulls to defend, as any breach below could send SHIB tumbling towards lower levels.

Key Resistance Levels to Watch

The immediate resistance for SHIB sits at $0.00001565. A breakout above this level would signal a bullish recovery, potentially driving the price toward the $0.00001939 zone. However, SHIB remains range-bound, with sellers active near $0.00001346, as shown in today’s chart.

Shiba Inu technical analysis

What’s Next for SHIB?

Bulls need to step in to avoid further downside. If $0.00001291 support breaks,  a potential retest of the $0.000011 area should be expected.  Breaching the $0.00001565 resistance could attract buyers and reignite the meme-coin’s momentum.

Subscribe to our newsletter

I consent to the terms and conditions