XRP breaks descending trendline, potential bullish rally; Shiba Inu forms head-and-shoulders pattern; Bitcoin stagnant.

From Investing.com

January 13, 2025 01:00:19 AM:

XRP has broken a crucial descending trendline resistance, signaling a potential bullish rally. Key resistance levels to watch are $2.50 and $2.70, with $3.00 as a target. Traders should monitor volume and support levels for confirmation. On the other hand, Shiba Inu is forming a head-and-shoulders pattern, hinting at a possible downward move. Immediate support is at $0.0000200, with resistance at $0.0000225. Bitcoin, however, remains stagnant around $94,000, with resistance at $97,000 and support at $87,700. The lack of momentum and low trading volumes raise concerns among traders.

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