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23.12 - 15:49
XRP, Shiba Inu, EOS Price Analysis: 9 December
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While the broader market remained stable, several cryptos displayed promising recovery signs. XRP managed to cross the 38.2% Fibonacci level and noted a double-digit 24-hour gain.
Contrarily, EOS saw a pullback from the aforestated level as the bulls again strive to retest it. Shiba Inu, on the other hand, projected a slight bearish bias.
XRP
TradingView, XRP/USDT
Post an ascending triangle breakout, Ripple’sXRP crossed the 38.2% Fibonacci hindrance after noting an 11.5% 24-hour gain. The alt diligently revived after poking its four-month low on 3 December. After hitting its monthly milestone on 10 November, the alt steadily took a back seat as the bears took over. A further breakout occurred below the 16-week long resistance at the
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