On August 8, Solana consolidates around $74, trapped between support at $72-$73 and resistance at $79, with an RSI at 47 and declining volume. XRP has returned to its crucial $1.02-$1.03 support zone but remains below all major moving averages with an RSI at 36, approaching oversold territory while maintaining an overall bearish trend. Shiba Inu failed to sustain above $0.00000500 and trades around $0.00000464 with waning momentum and decreasing volume, risking a return to July lows. Cardano stands out by holding above its short-term moving averages and forming higher lows, with an RSI at 68 maintaining intact bullish momentum despite resistance at $0.20.
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