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Crypto Market Shift: ETH Leads, XRP and SHIB Falter

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Crypto Market Shift: Eth Leads, Xrp And Shib Falter

Crypto Market Shift- Shiba Inu in Trouble

Crypto Market Shift– XRP is showing signs of weakness after failing to sustain its recent breakout. Currently trading at $2.49, the asset has dropped 2.25% intraday, putting pressure on the $2.30–$2.25 support zone. A break below this level could open the door for a retest of the psychological $2.00 mark. As volume declines, the reduced buying interest suggests vulnerability to even minor sell pressure. Analysts note a concerning “U-turn” pattern near the recent high at $2.60, signaling a potential exhaustion in the bullish trend.

“Even though XRP remains above its breakout zone, the fading momentum and volume profile raise red flags,” one technical observer commented.

If XRP fails to hold current support levels, the breakout could be invalidated, leading either to a consolidation phase or a new downward trend.

Ethereum Retains Strength Amid Market Volatility

In contrast, Ethereum continues to outperform major altcoins. ETH recently broke above the 200-day EMA, a move widely seen as a bullish reversal. Despite a 2.35% daily dip, ETH remains firm around $2,430, supported by strong volume and stable price action. This resilience sets it apart from peers like XRP and Bitcoin, which are showing early signs of fatigue.

Crypto Market Shift: Eth Leads, Xrp And Shib Falter

Ethereum’s breakout was backed by solid participation, not just speculative trading,” noted one analyst.

If ETH maintains support, it could push toward $2,700 or even $3,000 in the coming weeks.

Shiba Inu Faces a Critical Turning Point

Shiba Inu (SHIB) is hovering near key support at $0.00001509, and a drop below $0.000015 could trigger a slide to $0.0000142 or lower. After failing to hold the 200 EMA, SHIB’s recent rally now appears to have been driven more by hype than sustainable momentum. Lower highs, declining RSI, and fading volume signal a shift toward bearish territory.

“The risk of a full market reset is increasing if SHIB can’t bounce back quickly,” a market watcher said.

While short-term recoveries are possible, caution remains warranted across the board.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

Crypto Market Shift: Eth Leads, Xrp And Shib Falter
Written by
sevval

Şevval has been actively writing since 2022 and is a third-year mathematics student at Ankara University. Her interest in writing is shaped particularly around innovative technologies such as Web3, artificial intelligence, and blockchain. She closely follows developments in these fields and aims to convey complex topics to readers in a clear and engaging manner. She enjoys combining her mathematical knowledge with technology to create content and strives to raise awareness about the digital world of the future.

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