- Shiba Inu is under heavy pressure, struggling to hold support and facing potential drops to $0.00001000 if momentum doesn’t shift soon.
- XRP remains stuck in a downtrend, unable to break above key moving averages, with weak volume and no strong bullish signs in sight.
- Ethereum has broken key support, risking a slide toward $1,200 or even $1,000 if it fails to reclaim the $1,500 level quickly.
Shiba Inu’s been taking hits again. The token’s now floating around $0.00001168, after failing to lock in any solid support lately. Without that safety net underneath, it’s looking more and more like SHIB could tumble further — maybe even down to $0.00001050 if things keep sliding. Not ideal.
From a technical angle, it’s kind of a mess. SHIB’s still sitting under all four key moving averages — the 26, 50, 100, and 200 EMAs — and, yep, they’re all trending down. That usually screams downtrend still in play, with sellers firmly gripping the wheel.
Even volume’s been drying up. Buyers aren’t exactly stepping in with confidence, and the last push toward the $0.00001270 resistance? Total flop. No breakout, no momentum, just a quick rejection. Now the price is hanging near $0.00001150 — and honestly, that feels more like a breather than a real support level.
Could SHIB Be Heading for a Free Fall?
Unless something big shifts soon, a dip to the symbolic $0.00001000 mark doesn’t feel that far-fetched. The meme coin scene’s been cooling off lately, and with no bullish headlines or hype to lean on, SHIB’s looking kinda exposed.
That said, never say never. If bulls manage to claw back above that $0.00001200–$0.00001270 range, and — this is key — do it with some actual volume backing it, we might see a shot at a recovery toward $0.00001500. But it’s gonna take more than just wishful thinking.
XRP Just Can’t Catch a Break
Meanwhile, XRP continues… well, not doing much. Despite several tries, the token can’t seem to get past the 26-day EMA, which is now acting like a wall. Every time it tries to break out, boom — rejected again. The vibe’s not great.
The chart’s not helping its case either — lower highs, descending trendlines, the whole bearish setup. Even as Bitcoin and others show signs of life, XRP seems stuck in its own downtrend spiral.
There’s no real commitment from buyers either. Price action keeps fizzling out before it can push past short-term levels like the 26 and 50 EMAs. Basically, it’s drifting sideways in an environment that’s getting more uncertain by the day.
Where’s the Momentum?
The RSI is stuck in that meh 40–50 range, which usually means nobody’s really in control. Volume’s been pretty lackluster too — not what you wanna see if you’re hoping for a bounce. It looks less like a springboard moment and more like the coin’s just coasting… with no fuel.
Even with Bitcoin’s occasional spikes, XRP isn’t really participating. That’s not a great look, especially when you compare how other altcoins are behaving. Confidence among investors seems to be dipping, and unless XRP can break above the 26 EMA and follow through, we’re probably looking at more downside — especially if it stays pinned below the 200 EMA.
Ethereum Slips Below Key Support — Trouble Brewing?
Ethereum’s also been having a rough time. After breaking below a key ascending support trendline, ETH is now struggling to hold the $1,570–$1,600 zone — a range that’s historically offered some decent bounce potential.
The breakdown comes at a pretty bad time. That mini uptrend from late March? Basically invalidated. And now that ETH’s been pushed below that support, the door’s open for lower levels — $1,500 looks increasingly vulnerable. If that goes? Yikes. We might even be staring down the $1,000 region again.
Bears in Control
ETH’s still getting rejected by the big moving averages — 50, 100, 200-day — all of which are sloping down. Doesn’t exactly scream strength. Even though there’s been a tiny bit of volume uptick, it’s mostly noise. No real conviction behind the buying.
The RSI’s deep in the low 30s — sure, that’s near oversold territory, but with this kind of trend setup and weak fundamentals, a bounce isn’t guaranteed. Unless ETH can quickly reclaim the $1,500 level and hold it with some firepower, the next stop might be $1,200… and yeah, maybe even a dreaded retest of $1,000.
That would basically erase the gains from the last several months, dragging Ethereum back to levels not seen since early 2023. Pretty brutal.
