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Shiba Inu Price Forecast: SHIB stalls as rising supply on exchanges warns of profit-taking
Shiba Inu (SHIB) stalls above $0.00000500 on Tuesday, following two consecutive bullish months as upside momentum eases. Volatile investors’ interest in the meme coin amid rising supply on exchanges warns of profit-taking despite consistent token burns.
Ripple and Stellar outlook: Hold bullish bias above EMAs as derivatives back upside
XRP price trades at $1.402 on Tuesday, maintaining a constructive bullish bias as it holds above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs), clustered between roughly $1.240 and $1.350. This positioning suggests the broader uptrend remains supported despite a recent loss of upside momentum, with the Relative Strength Index (RSI) near 59 hinting at still-positive but moderating strength. At the same time, the Moving Average Convergence Divergence (MACD) has slipped slightly into negative territory, signaling a tentative consolidation phase rather than a clear reversal.
Crypto Market Overview: <a href="https://xpertsstudio.com/hackers-return-85-of-stolen-bitcoin-from-last-weeks-bridge-attack/” title=”Hackers Return 85% of Stolen Bitcoin from Last Week’s Bridge Attack”>Bitcoin steadies below $80,000 – INJ, AERO rally
Bitcoin trades around $79,400 at press time on Tuesday, keeping a constructive bullish tone as it holds August’s 25% gains. The King Crypto trades well above the 50-, 100- and 200-day Exponential Moving Averages (EMAs) clustered between roughly $70,400 and $72,800, forming a key support zone.
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