SHIB, XRP, and Yeti Ouro (YETIO) are in the spotlight (…)
SHIB, XRP and Yeti Ouro (YETIO) are in the spotlight as they occupy diverse positions in the contemporary crypto space. SHIB is approaching critical support, XRP remains dynamic after a decline and Yeti Ouro remains strong in its presale.
Shiba Inu faces key resistance, aims for recovery
Shiba Inu price is holding near its critical support at $0.000020 after a 40% decline since its December high of $0.0000334. Technical analysts suggest that SHIB price could rebound from this level if buying momentum returns. The Relative Strength Index (RSI) has fallen below 50, indicating bearish momentum, but the Moving Average Convergence Divergence (MACD) remains above its bullish threshold, leaving room for a possible recovery.
If SHIB price is above $0.000020, it may reach the $0.00002821 level, the 0.5 Fibonacci retracement level, with a breakout at $0.00003234. However, any close below $0.000020 could lead to a further price decline to the next support level at $0.000018. Analysts remain optimistic about SHIB’s potential to reach $0.0001 in the long term, citing ecosystem developments such as Shibarium and SHIB: The Metaverse.
Source X
XRP price holds $2.20 support amid recovery hopes
XRP price is at $2.32, regaining ground after falling to $2.20 – a point that has been challenged three times this month. After fluctuations and given the price dropping below the 50-day EMA, XRP has been pointed towards $2.31 as support, and it is in a bullish formation.
According to market experts, higher XRP must remain above $2.20; the price could move to the next level of $2.50 with a target of $3. A price increase above $3 can invoke FOMO in the same way that XRP price increased to $6 or even higher over the next few weeks. XRP whales are still abundant; Exchange flows indicate that holders of the token are still bullish after the recent correction.
Source X
Yeti Ouro Presale Grows, Raises $1.73 Million
Yeti Ouro, a relatively newer coin, is still in presale and has received over $1.73 million. The token is selling for $0.017 today in its second presale stage, and of all the tokens set aside for sale, a 10.5% sale was achieved. Investors are attracted to Yeti Ouro’s unique ecosystem, which includes Yeti Go, a compelling game-to-earn game developed with Unreal Engine. Meanwhile, as a holiday gift for holders, Yeti Ouro will enjoy a 20% sales bonus from December 24th to Boxing Day on the 26th.
The game features a mix of competitive racing and Web3 rewards, creating an immersive experience for players. Yeti Ouro also offers a meme competition to ensure community engagement. Members can create funny memes based on the Yeti and post them to X (Twitter), tagging @yetiouro with a specific hashtag on #YetiMeme. Winners will receive $2,000 for the first place winner, $1,000 for the second place winner and $500 for the third place winner. The competition runs until December 25.
With its innovative features and continuous developments, Yeti Ouro aims to stand out among memecoins, positioning itself as a strong contender for rapid growth in 2024.
Join the Yeti Ouro community
Website:https://yetiouro.io/
X (formerly Twitter): https://x.com/yetiouro
Telegram: https://t.me/yetiouroofficial
Discord: https://discord.gg/YtUsEZ2ZrV
This is a sponsored post. The opinions expressed are solely those of the sponsor and readers should conduct due diligence before taking any action based on the information presented in this article.