SHIB, XRP, and Yeti Ouro (YETIO) Are in the Spotlight

SHIB is hovering close to critical support, XRP remains buoyant after a swing lower, and Yeti Ouro continues strong in its presale.

Shiba Inu (CRYPTO: SHIB), XRP (CRYPTO: XRP), and Yeti Ouro (YETIO) are in the spotlight as they are in diverse positions in the contemporary crypto space.

Shiba Inu Faces Key Resistance, Aims For Recovery

Shiba Inu price is holding steady near its critical support at $0.000020 after a 40% drop from its December high of $0.0000334.

Technical analysts suggest SHIB’s price could bounce from this level if buying momentum returns.

The Relative Strength Index (RSI) has dipped 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 level of $0.00002821, the 0.5 Fibonacci retracement level, with a breakout to $0.00003234.

However, any close below $0.000020 may see 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 like Shibarium and SHIB: The Metaverse.XRP Price Maintains $2.20 Support Amid Recovery Hopes

XRP price is at $2.32, recovering some ground after falling to $2.20—a point that has been challenged three times this month.

After fluctuations and given the fact that the price goes below the 50-day EMA, XRP has been pointed to $2.31 as support, and it has been in a bullish formation.

According to market experts, higher XRP must remain above $2.20; the price could rise to the next level of $2.50 with an aim of $3.

An increase of price above $3 can invoke FOMO in a similar way that the price of XRP rose to $6 or even more in the next few weeks.

The XRP whales are still abundant; Exchange Inflows indicate that the holders of the token are still optimistic after the recent correction.Yeti Ouro Presale Gains Momentum, Raises $1.73M

Yeti Ouro, a relatively newer meme coin, is still on presale and has received more than $1.73 million.

The token is today selling at $0.017 in its second presale stage, and out of all the tokens that have been set aside for sale, a sale of 10.5% has been made.

Investors are drawn to Yeti Ouro’s unique ecosystem, which includes Yeti Go, an engaging play-to-earn game developed with the Unreal Engine.

Meanwhile, as a holiday present for the holders, Yeti Ouro will be having a 20% sale bonus from December 24th to Boxing Day on the 26th.

The game offers a mix of competitive racing and Web3 rewards, creating an immersive experience for players.

Yeti Ouro is also proposing a Meme Contest to ensure community engagement.

Members can make funny memes based on the Yeti and post them on X (Twitter), tagging @yetiouro with a specific hashtag at #YetiMeme. The winners shall receive $2,000 for the first winner, $1,000 for the second winner, and $500 for the third winner. The contest is up to December 25th.

With its innovative features and ongoing 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

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