- ShibaInu is dangerously close to “adding a zero” as it breaks below key support and struggles to regain momentum, trading well under its 50, 100, and 200 EMAs.
- ShibaInu shows weakening investor interest, with declining volume and a near-oversold RSI, signaling a possible deeper plunge if no strong reversal occurs soon.
XRP Shows Strength at Key Support Levels
XRP is demonstrating impressive resilience as it clings to the critical 200-day exponential moving average (EMA). Over the past few trading sessions, XRP tested this long-term support three times near the $2.09–$2.10 level—and bounced back each time. These repeated recoveries suggest growing confidence among bulls and highlight the 200 EMA as a significant psychological and technical anchor.
While XRP remains locked in a range between the 200 EMA and the 50 EMA resistance, the narrowing of this zone indicates a breakout may be looming. With the RSI hovering in neutral territory (mid-40s), there’s room for upward momentum. If XRP can flip the $2.25–$2.30 range (its 50 and 100 EMAs) into support, a push toward the $2.60–$2.70 area is likely. These successful tests could mark the beginning of a larger trend reversal—provided broader market conditions remain stable.
ShibaInu Faces “Add a Zero” Threat
While XRP shows signs of strength, ShibaInu (SHIB) is teetering on the edge. Currently trading around $0.00001195, SHIB has fallen beneath all key EMAs—50, 100, and 200—which reflects a serious technical breakdown. Even more troubling is that the critical support at $0.00001231 has been breached, and buying interest appears to be drying up.
With volume declining and the RSI nearing oversold territory, SHIB is approaching a psychological cliff. If it dips below $0.00001000, it will “add a zero”—a dreaded event that could further erode investor sentiment. Unless SHIB sees a major bullish catalyst or strong volume-based reversal, further losses could be imminent. Right now, SHIB lacks the hype or momentum needed to ignite a recovery.
Ethereum’s Golden Cross on the Horizon?
As XRP defends key levels and SHIB faces uncertainty, Ethereum (ETH) could be next to shift the market narrative. A potential golden cross—where the 50-day EMA crosses above the 200-day EMA—may be forming soon. This classic bullish signal could inject confidence into the broader altcoin market.
If ETH confirms the golden cross, it could catalyze broader market optimism—possibly giving XRP the push it needs and offering SHIB a lifeline. Until then, XRP is holding the line, SHIB is in freefall, and Ethereum may be the next chart to watch.
