XRP and Shiba Inu (SHIB) are experiencing downward pressure as Bitcoin (BTC) retreats from its recent highs. XRP has fallen 1.7% to below $2.50, with technical indicators suggesting further bearish momentum towards the $2.20–$2.00 range. Meanwhile, SHIB has dropped 2% to trade near $0.0000090, with potential to decline further to $0.0000085.
Bitcoin has retreated 1.8% to approximately $108,000, encountering selling pressure. The cryptocurrency faces key resistance levels between $112,000 and $114,000, while support is seen at $106,000. The market is closely watching these levels for potential shifts in momentum.
XRP and SHIB Decline as Bitcoin Retreats from $110,000
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