Shiba Inu Stalls at $0.00000500 Amid Profit-Taking Fears

Shiba Inu's recent price stability above $0.00000500 has some investors on edge, despite two consecutive bullish months. The meme coin's volatile nature means that rising supply on exchanges could lead to profit-taking, even with consistent token burns.

Ripple and Stellar continue to show promise, holding a bullish bias above their Exponential Moving Averages (EMAs) as derivatives support an upside trend. XRP price currently trades at $1.402, while the Relative Strength Index (RSI) near 59 indicates still-positive but moderating strength.

Bitcoin remains steady below $80,000, maintaining a constructive bullish tone after holding August's 25% gains. The King Crypto has formed a key support zone around its 50-, 100- and 200-day EMAs clustered between roughly $70,400 and $72,800.