XRP, Shiba Inu (SHIB), Stellar (XLM) and Bitcoin (BTC) Price Analysis for August 28: Moment Where Bulls Should Take the Lead

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After a spectacular August rally, Bitcoin reached nearly $80,000 from $63,000, while XRP consolidates around $1.42 after hitting $1.70, SHIB around $0.00000530, and Stellar at $0.184. Bitcoin crossed above its 200-day moving average near $72,060, but its RSI at 77 indicates overbought territory with resistance between $80,000 and $82,000. XRP remains above all four major moving averages on the daily chart with the 200-day at $1.35, and holding above this level would confirm a new market structure. Both SHIB and Stellar face their 200-day moving averages as the main technical challenge, at $0.00000572 and $0.190 respectively.

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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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