Is XRP Going to Rally After This? Shiba Inu (SHIB) Bounce Shows 60% Potential, Massive Cardano (ADA) Reversal Ahead?

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XRP is moving quietly but surely. The whole market seems bullish and in this hopeful mood, some are not seeing the clear uptrend XRP is on.

Looking at the price chart, XRP is at around $0.62. But let’s zoom in. The asset has been clearly showing some strong bullish tendencies not many have noticed. Sure, it has not hit high peaks like before, but it is not dropping to new lows either.

XRP/USDT Chart by TradingView

So, what are the key prices to keep an eye on? Right now, the support level to watch is at about $0.58. It has been a solid line that the price has not dipped under much. Then there is the resistance level up at around $0.68. If XRP can rise past this, it could clear the way for more growth.

The future for XRP? If the market keeps its positive vibe and XRP breaks that $0.68 resistance, we could see it start climbing toward higher prices. Some signs show that it might even get up near $0.70 if things go well.

The secret to this uptrend is a mix of steady price action and a strong, optimistic market. People are looking for the next big thing, and while their eyes are searching, XRP is slowly but surely moving up.

Shiba Inu shows bounce signs

Could SHIB surge by 60% and revisit its previous peaks? As the new market phase begins, let’s try to analyze the potential for strong growth of Shiba Inu in the foreseeable future.

A glance at the chart reveals SHIB’s price at approximately $0.00002788. There has been a notable increase in activity, suggesting that investors are regaining interest. After a period of consolidation, SHIB is positioning itself for a potential upward trajectory.

The current support level for SHIB lies around the $0.00001701 mark. It has proven to be a solid foundation in the past, with prices bouncing off this point. This suggests that SHIB has a good chance to maintain its momentum without falling below this line.

Looking upward, there is a resistance level near $0.00003500. If SHIB can push past this barrier, it might clear the way for a significant increase in value. Overcoming this level would not only show strong buying pressure but could also set the stage for a return to previous highs, offering a substantial 60% growth opportunity from its current position.

Cardano’s big turnaround

Cardano is showing signs that could point to a big turnaround. Right now, ADA is trading around $0.635. The market has been up and down, but ADA is showing hints that it might be ready for a climb.

Looking at the chart, there is a level where ADA seems to find it at around $0.50. It has been the floor below which ADA has not dipped much, acting as a strong support. On the flip side, there is a ceiling that ADA has been nudging against, at around $0.68. This is the resistance level it needs to break to open up the field for further growth.

If ADA can push past this resistance, the doors could swing wide open. It might even aim for highs around $0.80, revisiting its former peaks. This kind of move could mark a real reversal and a significant gain from its current position.

For those keeping tabs on ADA’s future, the market’s current mood and the solid support level give reasons to stay tuned. If ADA maintains its strength above $0.50 and breaks through the resistance at $0.68, the upward journey could be exciting.

Prices can change quickly, and nothing is set in stone. Whether ADA takes this route or carves a different path, only time will tell. But right now, the charts are showing reversal potential not just for Cardano, but for the market as a whole. However, we will see if the market correction is truly over only in a few weeks.

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Arman Shirinyan

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