The cryptocurrency market is stabilizing, with Shiba Inu (SHIB) showing resilience by rebounding near the $0.0000095 level after a prolonged downtrend. Despite a bearish structure indicated by major moving averages, SHIB's resistance to further declines suggests a potential trend reversal.
Meanwhile, XRP is experiencing a shift in sentiment due to ETF filing momentum, with buyers emerging around the $2.30 zone. This development could invalidate the bearish trend if regulatory approvals for ETFs proceed smoothly. Bitcoin (BTC) has seen a $1.63 billion drop in open interest, but the market has stabilized following this decline.
SHIB Rebounds as XRP ETF Hopes Rise; BTC Sees $1.63B Open Interest Drop
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