Bitcoin (BTC), XRP, Ethereum and Shiba Inu (SHIB) Price Analysis for August 31: Is It Bulls’ Last Chance?

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Bitcoin consolidates around $78,840 after peaking above $81,000, representing a ~30% gain from around $63,000. The cryptocurrency maintains strong positioning above its 200-day moving average, though RSI at 72.5 signals technical overbought conditions. Immediate resistance sits at $80,000-$82,000 with initial support at $76,000-$77,000. XRP trades around $1.41, comfortably above its 200-day MA at $1.35, facing resistance at $1.45-$1.50 and remaining structurally bullish above critical support levels. Ethereum consolidates near $2,472, holding approximately 14% above its 200-day MA at $2,159 with resistance between $2,500-$2,550. Shiba Inu struggles around $0.00000517, having failed to hold above its 200-day MA at $0.00000571, with critical support at $0.00000495-$0.00000500.

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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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