Solana (SOL) Golden Cross Canceled, XRP Key Breakthrough Incoming, Shiba Inu (SHIB) Reveals Key Pattern

Shiba Inu Dips, But a Bullish Reversal Pattern Is Taking Shape

Shiba Inu dropped 38% after geopolitical tensions sparked panic across crypto markets. Technical indicators show extreme oversold conditions, suggesting a potential price reversal. A double-bottom pattern could trigger a 62% rebound if support holds firm. Shiba Inu's SHIB recently took a punch to the gut. The token dropped nearly 38% from May highs. This sudden move wasn’t random—it came during a wave of market panic. News of a U.S. airstrike on…

Solana (SOL) Golden Cross Canceled, XRP Key Breakthrough Incoming, Shiba Inu (SHIB) Reveals Key Pattern

Potential point of reversal for cryptocurrency market

Solana Golden Cross Fails, XRP Faces Crucial Technical Test

Solana (SOL) has failed to confirm a much-anticipated golden cross, weakening hopes for a sustained bullish breakout. A golden cross, where the 50-day moving average crosses above the 200-day, is a classic bullish indicator. While SOLs 50 EMA briefly converged with the 200 EMA in early June, the crossover never materialized. Instead, the lines touched and then diverged, signaling weak momentum and strengthening bearish sentiment. SOL now trades …