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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 up<a rel="noopener noreferrer nofollow" title="trend" href="https://thebittimes.com/tag/trend.html">trend</a>.&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 <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> 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 <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> reveals that XRP has followed an ascending support <a rel="noopener noreferrer nofollow" title="trend" href="https://thebittimes.com/tag/trend.html">trend</a> 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>
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 <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">#XRP projected <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>s are $4.20, $7.20 and $470 based on past breakouts. $XRP had a major breakout at the end of every triangle and we are about to finish the fourth triangle. Do you believe? pic.twitter.com/14AEfXlPQ5</p>— CryptoBull (@CryptoBull2020) November 21, 2023
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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 Shibarium 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;Meme Moguls, 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>Visit Meme Moguls</p>
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Ethereum bulls target $3k, Meme Moguls rising, Shiba Inu may breach $0.00001
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/xrp-vs-shiba-inu-interpreting-price-trends-tbt71883.html">https://thebittimes.com/xrp-vs-shiba-inu-interpreting-price-trends-tbt71883.html</a></p>

XRP vs Shiba Inu: interpreting price trends

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