The crypto market is teetering on a knife’s edge, with Ethereum (ETH), XRP, and Shiba Inu (SHIB) all facing critical technical levels that could define their short-term futures.
Ethereum (ETH): Eyeing the 100 EMA$ETH
Ethereum is at risk of a deeper pullback as it struggles to hold above the 200 EMA. If this level fails, the next key support lies around the 100 EMA near $2,250—a zone that could erase much of last month’s bullish momentum. The RSI is neutral and rolling over, while volume and momentum are both declining. Without a sharp spike in buying activity, ETH could be poised for a breakdown below $2,250, exposing it to a broader correction.
XRP$XRP
A Decisive Moment Approaches
XRP is locked in a classic technical battle, caught between the 200 EMA and a descending trendline. Trading near $2.15, the asset is under pressure, with volume steadily declining—often a precursor to a major move. A breakout above $2.20 could spark a rally toward $2.50, while a drop below the 200 EMA might lead to deeper losses, potentially toward $1.80. The RSI hovers just above oversold territory, suggesting a possible rebound, but confirmation will require volume and a trendline break.
Shiba Inu (SHIib $SHIB
Breakdown or Bounce?
SHIB has broken below its descending support and 50 EMA, now trading near $0.0000128. This sets the stage for a possible retest of early 2025 lows around $0.0000114. Persistent selling pressure and weakening volume point to continued bearish momentum, while the RSI at 38 flirts with oversold territory. Though a bounce remains possible if buyers step in decisively, the current technical setup demands caution until SHIB reclaims key levels with conviction.
Bottom Line
Ethereum, XRP, and SHIB are all at make-or-break levels. The coming days could determine whether this is a brief pause in a longer uptrend—or the start of a more prolonged correction.
