XRP risks losing bullish momentum, will Shiba Inu (SHIB) recover from worst move of 2025? This is when Ethereum (ETH) may exit a downtrend: price level
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. We believe all content to be accurate as of the date of publication, but some offers mentioned may no longer be available.
As the asset is about to record a lower high, XRP’s recent bull run is about to meet a crucial turning point. This potential development could indicate that the current uptrend is coming to an end, which will worry investors who have seen a notable rise in the past few months.
The chart shows that while XRP has managed to maintain its recent gains, momentum appears to be waning. Because it indicates dwindling buying power unable to lift the price above the previous peak, a high-low formation often signals the beginning of a downtrend. Failure of XRP to break through the $3.40 resistance level in the near future could reinforce the downtrend and incite holders to take profits.
Although the asset has recently seen notable gains, it remains highly volatile and vulnerable to external influences. The asset is still of interest, so any major developments – whether driven by the market or law – could dramatically change its course. It is important to remember that XRP has a track record of surprising its critics.
The recent success is largely attributed to its strong network activity, positive perception of its ecosystem and growing adoption. If these factors persist, they may be able to offset the bearish signals and spark a bullish rally once again. In the short term, all eyes will be on whether XRP is able to maintain its current support levels at $3.00 and avoid a higher-low scenario. If the price falls below this range, it may lead to a deeper correction.
Possibility of Shiba Inu recovery
With its price moving below the crucial 200 EMA, the Shiba Inu is having difficulty maintaining investor confidence in the face of difficult market conditions. This important technical indicator often acts as a key criterion to determine whether an asset is in a bullish or bearish phase.
Unfortunately, SHIB is now in a precarious position after falling below this threshold. Looking at the broader market, the Shiba Inu has underperformed its peers. In recent weeks, assets such as XRP and Solana have seen significant growth, but SHIB has found it difficult to keep up. This relative weakness becomes even more apparent when viewing its chart, illustrating the difficulty of maintaining upward momentum despite the overall bullish sentiment across the market.
Related to
One of the biggest hurdles that SHIB has to overcome is the 200 Exponential Moving Average, which is currently acting as a resistance level. The likelihood of a significant recovery is diminished if this level is not restored. Furthermore, dwindling trading volumes and scarcity of significant flows indicate a lack of interest from institutional and retail investors. Improving market sentiment and new buying pressures will be essential for SHIB’s recovery.
Reclaiming the 200 EMA, which signals a potential change in momentum, would be an important first step. However, given how poorly SHIB has performed compared to other elite cryptocurrencies, its road to recovery is likely to be difficult. The lack of strength compared to other assets is a cause for concern.
With better price performance or stronger fundamentals, investors may decide to invest their money in other projects, which would put SHIB at a disadvantage. A major catalyst will be needed to revive interest and restore SHIB’s standing although recovery is possible. For now, cautious optimism is the best approach for SHIB holders.
Can Ethereum break it?
With few signs of a major reversal, Ethereum price is still struggling within a long-term downtrend. The cryptocurrency is still stuck below the downtrend line resistance that has halted its upward momentum for several months. Ethereum’s ability to sustain any meaningful recovery has been severely hampered by this downtrend and general market uncertainty.
Related to
The chart shows a crucial upper resistance level currently located at or near $3,530. A break above this downtrend line would signal the end of the downtrend for Ethereum and potentially open the door to a major bounce. However, such a breakout is more difficult to achieve, as ETH has recently failed to break through similar resistance levels on several occasions.
Ethereum could face a surge in buying pressure if it is able to break through this upper trend line, which could push prices towards the next major resistance area, between $3,800 and $4,000. Traders will welcome such a move as a first step towards the long-awaited recovery. Even with this possibility, Ethereum’s price action is still far from ideal at the moment. The asset is currently trading just above the $3,200 level, which is a crucial support level that, if broken, could lead to additional declines towards $3,130 or even the psychological $3,000 level.
