Foreign media analysis indicates that XRP, SHIB, Solana and Etherum have all recently rebounded low, but that most varieties are near critical resistance areas. The buyout recovered at a lower point in June, although the upper pressure remained, and the short-line direction depended on the ability to stand on the important mean and downward line.

XRP is still not on the critical line.

The XRP, which had previously rebounded from USD 1.02 to USD 1.04, was again blocked close to the downward line and the price returned to the vicinity of USD 1.09. According to the article, XRP has reached a low point above the June low point, but the pressure above has not been significantly reduced.

  • The average daily line is about $1.12.
  • The average daily line is about $1.17.
  • Top 200, averaged about $1.27.

If prices fail to break the downward trend line and fail to maintain support in the vicinity of $1.05 dollars, XRP may again return to its lows. It is expected that the upper space will open up to $1.17 if it is effectively broken.

SHIB is still in vulnerable areas.

The graphic performance of SHIB is relatively weaker in several assets. According to the article, SHIB had recently tried to rebound, but for a relatively short period of time, and then returned. Many of the lopsided patterns that had developed in previous months had failed and prices were currently hovering around US$ 70,00043.

From the technical position, SHIB is still below the main average, of which 50 daily averages amount to approximately US$ 0.000045 and constitute short-line resistance. RSI is located in more than 30 medium sections, indicating weak kinetic energy, but has not yet entered extreme oversold.

  • Key support in 0.000041 to $0.00042
  • Short-wire resistance is in the vicinity of $0.00045.

If you fail to maintain the above-mentioned support, SHIB may be able to update the lower position during the year. If you want to improve the short-line structure, you first need to get back on top of $.0.00045.

SOL and ETH are close to the watershed.

After a rebound near $60, Solana re-established the 20 and 50-day average and briefly approached the 100-day average near $81. According to the article, SOL is now more likely to enter the pipeline after a clear rebound, and as long as it remains close to $75, the market will retain the expectation to attack the $81 and $90 areas again.

The Etherum performance is relatively stronger. ETH has re-entered the $1,800 area and recovered the 20- and 50-day averages since the upturn around $1,500. According to the article, the declining trend line between US$ 1780 and US$ 1800 is the most important short-line resistance of the day; if it is clearly breached, the next target may be near US$ 1960 and if it is blocked again, it may fall back to test for US$ 1700.