XRP, Shiba Inu, Loopring Price Analysis: 12 November
While the top cryptos exhibited mixed trading signs, the overall market noted a marginal plunge over the past day. Besides, XRP hit its two-month high on 10 November, whereas Loopring touched its ATH on the same day.
Near-term technicals for both the alts favored a correction by hinting at decreasing buying power. On the other hand, Shiba Inu bulls showed revival signs post a 37.5% retracement since its ATH.
XRP
Source: TradingView, XRP/USDT
Over the past 15 days, XRP enjoyed a sustained rally after swinging in an ascending parallel channel. The seventh-largest crypto registered an approximately 14% ROI in the past two weeks. Moreover, XRP bulls refused to withdraw as the price action breached its immediate resistance. Consequently, the price
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