Diverging Altcoin Trends: XRP Breaks Out, Solana Faces Resistance, and Shiba Inu Signals Caution

The cryptocurrency market remains stagnant with Bitcoin hovering around $105K, while a unique technical picture emerges amongst top altcoins. XRP shows potential for breakout, potentially reaching $2.92, but is hindered by mixed signals from momentum indicators. Solana’s 50-week EMA (historically bullish) provides support at around $180, but faces a resistance test as it attempts to continue its upward trajectory. Meanwhile, Shiba Inu’s bearish trend continues with declining burn rates and a potential for price drop to the $0.0000050 level.