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Crypto

Shiba Inu exchange reserves hit 86 trillion tokens, raising selling pressure warning

Shiba Inu (SHIB) held on cryptocurrency exchanges totals about 86.04 trillion tokens, worth about $382.87 million, according to CryptoQuant data cited by U.Today. Exchange reserves are seen as a gauge of potential supply, though current valuations may not reflect realised sale proceeds. Thin liquidity and retail-heavy holdings could amplify price moves. Net outflows were about 45.5 billion tokens over 24 hours, while price remains below key moving averages.

Crypto

XRP bearish pattern persists; analyst sees possible drop to $0.90

XRP has broken below the $1.24 to $1.25 range that had been seen as a support level for months, raising expectations it could slide into the $0.90 range. The Crypto Basic reported that Sweep, a co-founder of blockchain platform Glyde, said XRP appears to be heading for a new low. Technical indicators, including a daily RSI below 30, point to weakness, while attention turns to whether $1.07 to $1.10 holds.

Crypto

Altcoins extend losses; Ethereum $2,000 support in focus, Chainlink, Cardano and Dogecoin at test

Ethereum, Chainlink, Cardano and Dogecoin are extending a weak trend as prices slide toward key support levels, U.Today reported. Ethereum is trading around $2,095, down about 25 percent from its September peak, with $2,000 cited as a key near-term support and $1,900 next if it breaks. Chainlink is near $10.49, about one-third below late-September highs. Cardano is around $0.1776, down about 37 percent from early-October highs. Dogecoin is holding near $0.07.