#January Market: Which Altcoins Are Worth Watching?

SHIBA INU (SHIB) and XRP pump signal:
Shiba Inu (SHIB) and XRP have shown positive technical indicators in the market before January 2025.
Shiba Inu (SHIB)
SHIB has been stable within the range of $0.00002341-$0.00002093 in the past two weeks, and is currently trading at $0.00002118. SHIB's MVRV ratio has entered the "opportunity zone" fluctuating between -9% and -21%. This reduces selling pressure and supports investors to hold positions instead of selling. From a technical perspective, if accumulation continues at the current level, SHIB's recovery target will first be to turn the $0.00002341 level into support, and then break through the resistance at $0.00002606. However, if the downward pressure persists, the price may fall to $0.00001961.
XRP
XRP is trading below the 20-day moving average and is currently at the $2.10 level. If this level cannot be maintained, the price is expected to drop to $1.88 and $1.34 respectively. If the current selling pressure is relieved, a rebound may occur in the short term.
result
Although SHIB and XRP have provided short-term pump signals, the overall market trend will be determined by key support and resistance levels.
- The information provided in this article does not constitute investment advice and is only for accurate and timely information. Stay away from speculation and focus on scientific articles❗️ Be sure to conduct your own investigation❗️