XRP’s Potential Reversal

Following its recent decline, XRP has been finding it difficult to stay afloat, but there are indications that a reversal may be imminent. To stop further declines, the asset has reached a critical support level at about $2.14, where buying interest may rise. If the bullish momentum continues, XRP could break out of its current downward trend.

The position of the asset in relation to its moving averages is one of the most important indicators of a possible reversal. Converging with the price action of XRP at the moment is the 50-day moving average, which has historically served as dynamic resistance. If XRP recovers this level, it may indicate fresh strength and pave the way for an upward move toward $2.30 and higher. However, if the current level is not maintained, the psychological threshold of $2.00 may be retested.

When assessing the likelihood of a reversal, volume dynamics are also very important. A notable increase in trading volume would confirm that buyers are intervening to support the price at these levels. Volume is still moderate right now, indicating that investors are hesitant to take on big positions. In the future, XRP must surpass $2.30 to confirm a bullish reversal and reach higher price levels, such as $2.50.

Should the $2.00 support be lost, XRP may move toward $1.85, which would quicken the bearish momentum. For the time being, traders should closely monitor price reactions around the important moving averages as well as volume spikes. XRP might be preparing for a recovery if buying pressure picks up, but there is still potential for further declines without confirmation.

Shiba Inu Hits Key Level

Shiba Inu has officially reached one of the most significant support levels of 2025, revisiting price levels last seen in August and September of the previous year. This critical level will determine whether SHIB stabilizes and recovers or degrades into further losses. The chart indicates that SHIB has dropped to a robust horizontal support zone, which has been a reliable floor on multiple occasions.

This price range is crucial for the asset’s immediate future. SHIB may witness a reversal attempt if buyers intervene. Conversely, if this support fails, SHIB could face a sharp decline. The 50-day and 100-day moving averages, which are aggressively trending downward, continue to challenge SHIB.

Unless the market mood improves, momentum remains against the asset, making a quick recovery challenging. SHIB needs to maintain this support and see a rise in buying volume to prevent further declines. A bounce from this level may retest resistance zones around $0.000014, where sellers have previously gained control.

However, SHIB could enter a price discovery mode to the downside if bears continue to hold sway, especially if the price closes below this crucial support. The next significant support may be around $0.000010 or even lower.

Bitcoin at Risk

As selling pressure increases, Bitcoin is undergoing a turbulent period, trading at about $81,000. It has broken below key moving averages, indicating a waning bullish trend. Analysts, including Arthur Hayes, expect Bitcoin to retest the $78,000 mark soon. If this support does not hold, the next crucial level is $75,000.

A decline to $75,000 is technically possible and could cause significant volatility due to open interest (OI) stacked between $70,000 and $75,000. Rapid market reactions may occur from liquidation events and fluctuations driven by derivatives. The recent structure points to a downtrend formation, and the decreasing volume indicates a lack of strong buyer interest.

Bearish sentiment is further supported by the Relative Strength Index (RSI), which remains in the lower range. Bitcoin would need to clear $90,000 with substantial volume to negate this pessimistic outlook. Nonetheless, BTC is still susceptible to further downward movements amid market and macroeconomic uncertainties.

Traders should prepare for potential price whipsaws in the coming days. A bounce from $75,000 might offer a brief recovery, with more significant buying interest potentially emerging at $70,000, the next key psychological level to monitor if Bitcoin drops below $75,000.