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Today, August 26, 2024, Ripple (XRP) continues its steady climb, staying above the 9-day and 21-day moving averages, indicating potential upward momentum toward the upper boundary of its price channel. If Ripple breaks the resistance at $0.065, we could see a significant surge, pushing the price to the resistance levels of $0.720, $0.740, and $0.760. However, failure to break this resistance could lead to a decline toward the support range of $0.060 – $0.055 .
Additionally, other cryptocurrencies like Avalanche (AVAX) and Shiba Inu (SHIB) are also showing significant gains in recent weeks. AVAX has rallied nearly 30% on weekly and 14-day charts, while SHIB has gained 13.7% and 11.2% respectively, with expectations of continued growth through the end of August . 2 replies
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