XRP, Shiba Inu (SHIB), Hyperliquid (HYPE) and Bitcoin (BTC) Price Analysis For August 24: Bears Take Upper Hand

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After briefly reaching approximately $1.70, XRP is currently trading around $1.49, with a daily RSI at 86 indicating extreme overbought conditions and key support at $1.35. Shiba Inu is attempting to build a recovery structure after months of downward pressure, currently around $0.00000544, with major resistance near the long-term moving average at $0.00000574. Hyperliquid confirmed its breakout at around $80, above June-July peaks at $75-77, despite an overbought RSI at 80.55. Bitcoin crossed its long-term moving average at approximately $71,689 to reach ~$77,000, with crucial support between $71,500 and $72,500, while RSI remains elevated at 80.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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