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XRP may achieve the biggest breakout in 2025, canceling the rise of Shiba Inu (SHIB) and Ethereum (ETH): the path to $2000 at the opening
One of the biggest technological developments for Ripple (XRP) this year, if not the entire 2025 cycle, is imminent. The asset is attempting once again to break the upper limit of its long-term descending trendline, but this time the structure beneath it appears different after months of consolidation and rejection at significant resistance levels. Since its lows in mid-April, Ripple has risen steadily, surpassing the 50, 100, and 200-day exponential moving averages, which now represent strong dynamic support. It is currently trading at around $2.29. This triple cross, which is usually a bullish base, reflects a change in sentiment from the medium to long term. Although this cross often precedes strong continuation moves, the real test has yet to come. Just above the current price levels lies the upper trendline, extending from the February highs. XRP/USDT chart from TradingView A clear and decisive breakout above this trendline will confirm the end of the bearish trend channel that has dominated XRP's price action for months, preferably accompanied by an increase in trading volume.
With the $3.00 level set as the next psychological and structural target, this breakout could accelerate towards $2.50. This time, the momentum is different. XRP has room to advance, as the relative strength index is slightly rising but still below the overbought zone. Hot stories XRP may achieve the biggest breakout in 2025, canceling the rise of Shiba Inu (SHIB) and Ethereum (ETH): the path to $2000 at the opening Stablecoin legislation will receive a full Senate vote in May. Breaking: A $1.5 trillion giant's plan for the XRP exchange-traded fund is facing delays from the SEC. BlackRock acquires over 10,000 Bitcoin (BTC) amid competitor bleed. There is still a slight increase in trading volume, but it is steady and often precedes major expansions.
XRP may begin to discover its price by 2025 if the optimists can overcome the resistance of the trendline, which will initiate a broader market recovery, something many predict will take months. Shiba Inu has rejected the wall that the Shiba Inu stock recently hit. The stock was rejected at the 100-day exponential moving average again after showing some strength in the short term and struggling through regional resistance areas, halting what could have been the beginning of a real breakout. Shiba Inu is currently trading at $0.00001370 and has not been able to maintain its momentum after reaching $0.00001400, a critical medium-term resistance level that almost aligns with the 100-day exponential moving average. This rejection goes beyond a mere technical glitch. It is a clear indicator of the buyers' lack of willingness to persevere, and that the market as a whole is not yet ready for a sustained rise in SHIB in the long term.
Trading volume saw a slight increase, which usually indicates growing interest. However, this did not result in actual buying pressure in this case. You may also like Tuesday, 29/04/2025 - 11:56 12,000,000,000 Shiba Inu (SHIB) shocks a major European exchange by Gamza Khanzadaiev. It was more like a battle between a wave of profit-taking centered just above the exponential moving average level, and the bulls. The fact that the fuel is there, but the engine won’t start, makes the rejection more painful. The absence of a breakout above the 100 EMA raises doubts about the likelihood of an upward wave soon. Instead, we may now witness a retest of support in the range of $0.00001250-$0.00001270. April's recovery could completely fade if this level does not hold, and SHIB could retreat towards the $0.00001200 range. In summary, the upward trend of SHIB has stalled. It is too early to talk about a trend reversal until it clearly surpasses the 100 EMA and, at best, exceeds the 200 EMA above. This appears to be more of a failed rebound than the beginning of something real, as it remains in a strong downward trend.
Ethereum's target group is now aiming for the $2000 level, a psychological and technical benchmark that has not been tested since early March after finally breaking a significant resistance level. Ethereum is currently trading above its 50-day exponential moving average (around $1743), indicating that momentum is shifting in favor of the bulls after a long period of sideways movements and false starts. Ethereum is currently trading at around $1830 after registering a series of higher lows and breaking out of the lower consolidation range that kept it below $1800 for weeks. A clear breakout above the 50 EMA is not just symbolic; it has historically been a catalyst for Ethereum to accelerate its gains in bullish markets. The path to the upside is technically open, with the next resistance levels between $2000 and $2160.
However, trading volume is rapidly decreasing. Daily trading volume of Ethereum has steadily declined despite positive price movement, indicating that this breakout lacks the necessary conviction for a long-term rise. You may also like Tuesday, 29/04/2025 - 11:13 Nickel Joshi, an expert in Cardano, debunks the myths of major tokens by Godfrey Benjamin. Typically, an increase in trading volume follows rises in bullish markets; its absence in this case raises some concerns. The market is likely to regain its strength and attract new participants if Ethereum manages to break the $2000 level in the coming days.
If that doesn’t happen, the price may stall or even drop towards the $1750-1700 range, retesting the breakout point. For now, the critical question is: will buyers act decisively, or will the move fail like previous attempts? While Ethereum appears stable in the short term, it is still in a fragile equilibrium. Even strong technical setups can collapse in the absence of trading volume. Watch the resistance level at $2000 and the support level at $1800; May's direction will determine which comes first.
