The Foreign Market Review stated that XRP, Shiba Inu (SHIB) and ETH had all come to key price ranges recently. According to the article, the XRP is still being tested and the SHIB is showing signs of stylistic stability, while the ETH sends signals of improved short-line kinetic energy, none of which has yet to emerge from a clearer trend towards medium- to long-term rehabilitation.

XRP focuses on $1.05 support.

According to the article, the XRP is currently organized in the vicinity of US$ 1.08, with the solar line shrunk, and prices being supported by an increase and resistance to decrease in the middle. Such zones usually mean that there may be a clearer choice of direction for follow-up.

The interval between 1.00 and 1.05 dollars has been taken over several times in the recent past, indicating that the fall has been reduced compared to the June period. However, XRP is still operating below the average of 20, 50 and 100 days, with a corresponding position of approximately $1.10, $1.14 and $1.25, and the upward pressure has not been lifted.

  • Current observation position: 1.05 US$ near support
  • Short-line pressure above: $1.10
  • Higher mean pressure: US$1.14, US$1.25

The article also mentioned the low turnover of the XRP during the sorting phase, with RSI around 44, indicating that kinetic energy remained weak. In the event of a failure of 1.05 United States dollars, the price is likely to look back at $1.00; if the US$ 1.10 stands and the downward line is crossed, it is closer to the short-wire turn-through signal.

SHIB hasn't changed much.

In the case of SHIB, it was argued that it was lagging behind for months and that there were initial signs of laying down. The current price, which is close to US$ 0.0000412, although it remains in a downward trend as a whole, has not continued to experience a sharp drop in recent weeks, a positive sign of change.

It states that SHIB ' s RSI is close to 34 and still close to the superseller area. Historically, this type of location has often been accompanied by a decline in sales pressure, but does not automatically mean that the trend has reversed. At the same time, the recent reversals have been more modest than before, and the volatility has decreased.

However, the SHIB is still on a number of main averages, ranging from approximately $0.00000437, $0.00000446, $0.00000516 and $0.00000620, respectively, on 20, 50, 100 and 200 days. According to the article, these positions would still constitute continuous resistance until the purchase was significantly magnified.

There's a sign of short-line gold fork at ETH.

According to the article, there is a so-called “mini-gold fork” on the map of the Taifung Day, i.e., an average of 20 days on the 20-day index and an average of 50-day index. Such signals are often seen as a sign of improved short-line kinetic energy and also mean that price performance is beginning to be stronger than in the medium term in the preceding period.

ETH has now re-established the two lines. The average 20 and 50-day positions given in the text were approximately US$ 1776 and US$ 1740, respectively, and the area became the support for the buyer ' s repeated defence in July. At the same time, RSI rose to about 55, indicating that market sentiment had moved from a state of weakness to a neutral one.

However, the article also reminds that resistance above ETH remains evident. The average daily line is about US$ 1940, the average daily line is about US$ 2210 and there have been signs of obstruction between US$ 1900 and 1950 recently. In the event of a subsequent breakthrough of US$ 1940, the market's interest in the 2000 dollar integer is likely to rise further.