XRP is on the verge of slipping into dangerous territory as it grinds lower, toward the critical $2 threshold. The asset has steadily lost value over the last 48 hours, losing short-term support levels one by one, and has not held any bounce attempts. XRP’s hourly chart shows a noticeable decline in momentum.
As a traditional indication that sellers are still in control, the price has broken below the 26 and 50 EMAs and is currently trapped beneath the 100 and 200 EMAs. Every attempt at a rally has been capped between $2.13 and $2.15, and the declining volume confirms that bulls are just worn out. The most concerning is the total lack of support for the current consolidation.
Even a slight relief rally has not been triggered by the RSI’s decline near 36, which is getting close to oversold territory. When oversold conditions are not addressed by momentum, it usually indicates that buyers have left the building. Currently, the psychological $2 level is the final significant line of defense.
Below it, a clean breakdown runs the risk of causing panic selling, a series of liquidations and additional short-term holders to give up. For XRP, which has centered a large portion of its 2025 story on recovering and reaching previous highs, losing $2 might be a devastating blow to sentiment.
A decline below this round-number support could have significant psychological repercussions, so it is crucial to keep that in mind. An acceleration of exits may result from traders who have been watching it as a clear failure of the recent bullish structure.
Ethereum deadlock
On the hourly chart, Ethereum is stuck in a stubborn deadlock between the 100 EMA and the 200 EMA, bringing the price to a halt in one of the tightest ranges it has seen in weeks. This sideways drift can be both frustrating and concerning for traders who are anticipating a big move.
Following last week’s recovery from lows below $2,300, ETH was able to recover the 100 EMA and briefly test the 200 EMA overhead. However, all attempts at a breakout have been quickly thwarted, causing the price to settle into a small range around $2,430.
A larger move is likely in the works; as indicated by this compression of volatility, the outcome of the tug-of-war will determine the outcome. On a technical level, the setup is very obvious. Above the 200 EMA, a critical ceiling has been identified. A clear break above this level would signal that buyers are once again in charge and pave the way for a more extensive recovery rally, perhaps reaching $2,500 and higher.
The bullish scenario is that. However, the opposite scenario, a decline back below the 100 EMA, is also within striking distance of ETH. It would be evident that the recent reversal was only a temporary relief bounce if the price were to break through that support.
A breakdown of this kind would probably lead to fresh selling pressure and push Ethereum back toward the $2,350-$2,380 support area. Trading volume is still low, which increases the uncertainty. Volume has not increased sufficiently to show genuine conviction behind the moves, even during small rallies. At about 50, the RSI is in no man’s land, indicating that momentum is still flat.
Shiba Inu sleeping
Shiba Inu is drifting into dangerously quiet waters as volatility and volume both drop to almost nothing. With each rally attempt failing to generate any significant buying interest, the price has been trapped on the hourly chart in an ever-tinier range just above $0.00001110 USDT.
More risky than pure volatility is this type of stagnant price action. When liquidity thins out and volume stops increasing, the market can be pushed lower with little sell pressure. This poses a risk that SHIB might abruptly collapse and add a zero to its price, which would be a psychological blow that would probably lead to widespread retail holders’ capitulation. In terms of technical analysis, SHIB is currently trading close to $0.00001120, which is a clear support level.
Over the last few sessions, it has bounced off this zone multiple times but each time has been weaker than the one before. The 50 EMA, 100 EMA and 200 EMA are all above the current price, forming a dense ceiling that SHIB has not been able to break through. The moving averages are also stacking overhead as resistance. As it approaches oversold territory, the RSI has dipped to 34.
Even an oversold reading, however, is not drawing in buyers ready to intervene forcefully due to the lack of volume and momentum. Investors need to understand that this prolonged period of low volume creates the conditions for a potentially significant move in either direction.
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