{"id":559020,"date":"2023-11-03T16:00:29","date_gmt":"2023-11-03T16:00:29","guid":{"rendered":"https:\/\/wncen.com\/?p=559020"},"modified":"2024-06-11T08:02:37","modified_gmt":"2024-06-11T08:02:37","slug":"xrp-shiba-inu-rally-not-over","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/xrp-shiba-inu-rally-not-over\/","title":{"rendered":"XRP And Shiba Inu Rally Is Not Over According To This Indicator"},"content":{"rendered":"
The crypto industry saw a <\/span>spectacular run in October<\/span><\/a>, as a few cryptocurrencies like Bitcoin and Solana <\/span>registered new yearly highs<\/span><\/a>. However, the entire market seems to be <\/span>taking a breather<\/span><\/a> after this action-packed October that saw Bitcoin, XRP, and Shiba Inu lead impressive rallies.\u00a0<\/span><\/p>\n On-chain data, particularly from the crypto analytics platform Santiment, showed October ended on a somehow bearish note. But history from this particular metric suggests that the rally might not be over.\u00a0<\/span><\/p>\n The first few days of November appear to be devoid of <\/span>significant crypto price movement<\/span><\/a>, with the exception of occasional whale transfers. At the time of writing, XRP and SHIB are down by 1% and 2%, respectively, in a 24-hour timeframe. Bitcoin and Ethereum are also down by 2.51% and 1.93% respectively. Some crypto experts attribute this decline to traders taking profit, while others think the crypto market has returned to its normalcy of bearish sentiment.<\/span><\/p>\nXRP And Shiba Inu Rally Not Over<\/h2>\n