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Crypto

Shiba Inu faces short-term trendline resistance three times in 15 days; break could spark 50 percent rally

Shiba Inu (SHIB) is holding a support zone around $0.0000056 and could rise more than 50 percent in the short term if it breaks key resistance levels, an analyst said. World of Charts pointed to an upper descending trendline and a horizontal resistance band at $0.00000616 to $0.00000640 as major hurdles, citing repeated rejections. SHIB reached $0.00000616 but failed to close above another downtrend line on a four-hour chart.

Crypto

XRP posts biggest drop among top 10 coins as Binance withdrawal transactions surge

XRP recorded the biggest decline among the top 10 cryptocurrencies by market value, slipping more than 2 percent to $1.33 while the broader market rose 0.51 percent. Market participants cited ongoing geopolitical tensions and macroeconomic uncertainty. Analyst Darkfost said on-chain activity on Binance has rebounded since late February, reflected in rising outflow transactions. Data cited also showed XRP’s average April return at 24.8 percent, though a range breakout remains uncertain.