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<p class="is-style-lead">The market shows signs of a potential breakout, with several coins retesting their resistance points, indicating a possible uptrend.&nbsp;Analysts are focusing on XRP and Shiba Inu (SHIB), expecting more growth in 2024 and beyond.&nbsp;</p> 
<p>This article will explore their price projections and future outlooks based on on-chart data and overall performance.</p> 
<h2 class="wp-block-heading" id="xrp-retests-0-93">XRP retests $0.93</h2> 
<p>XRP fell to $0.58 last week but recovered to $0.62 and is now nearing a horizontal resistance zone.&nbsp;</p> 
<p>On the weekly time frame, technical analysis reveals that XRP has followed an ascending support trend line since the beginning of 2023. This trajectory enabled the coin to break through a crucial horizontal resistance zone, approaching a new yearly high at $0.93.&nbsp;</p> 
<p> You might also like: <a href="https://crypto.news/xrp-analyst-sees-potential-bottom-urges-caution/"> XRP analyst sees potential bottom, urges caution </a> </p> 
<p>With the current RSI above 50, analysts like Cryptobull and JD are bullish on XRP.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#XRP</a> projected prices are $4.20, $7.20 and $470 based on past breakouts. <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$XRP</a> had a major breakout at the end of every triangle and we are about to finish the fourth triangle. Do you believe? <a href="https://t.co/14AEfXlPQ5" target="_blank">pic.twitter.com/14AEfXlPQ5</a></p>— CryptoBull (@CryptoBull2020) <a href="https://twitter.com/CryptoBull2020/status/1726960269384159289?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">November 21, 2023</a>
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<p>By their predictions, XRP can reach $0.9879 by early Q1 2024.</p> 
<h2 class="wp-block-heading" id="shiba-inu-may-break-out">Shiba Inu may break out</h2> 
<p>Shiba Inu is up 10.7% in the past 30 days.&nbsp;</p> 
<p>The 30-day average for Shiba Inu is also on the rise, with a trading volume of $110,502,553, indicating significant market activity.&nbsp;</p> 
<p>In 2023, the Shiba Inu ecosystem expanded by introducing the <a href="https://crypto.news/shibarium-sees-a-493-surge-in-daily-transactions-as-shib-gains-15-in-a-week/" data-type="post" data-id="14208974">Shibarium</a> layer-2 network and its proprietary name service.</p> 
<p>These initiatives aim to strengthen the fundamentals of the Shiba Inu network.&nbsp;</p> 
<p>Moreover, the upcoming&nbsp;<em>SHIB: The Metaverse</em>&nbsp;launch could trigger more demand.&nbsp;</p> 
<p>Analysts forecast SHIB to reach $0.000013 in the coming year.</p> 
<h2 class="wp-block-heading" id="exploring-alternatives">Exploring alternatives</h2> 
<p>XRP and SHIB are bullish, but a newcomer,&nbsp;<a target="_blank" href="https://pr.mememoguls.com/1p0ofv" rel="noreferrer noopener">Meme Moguls</a>, is also expanding in the play-to-earn (P2E) space.&nbsp;</p> 
<p>Meme Moguls offers unique meme-backed assets and a stock market/exchange platform with leaderboards and other ecosystem elements for players to monetize their time.&nbsp;</p> 
<p><a href="https://pr.mememoguls.com/1p0ofv" target="_blank" rel="noreferrer noopener">Visit Meme Moguls</a></p> 
<p> Read more: <a href="https://crypto.news/ethereum-bulls-target-3k-meme-moguls-rising-shiba-inu-may-breach-0-00001/"> Ethereum bulls target $3k, Meme Moguls rising, Shiba Inu may breach $0.00001 </a> </p> 
<p> Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. </p>

XRP vs Shiba Inu: interpreting price trends

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