Karla Barker 
Shiba Inu shows signs of stabilization
After what feels like months of decline, Shiba Inu appears to be finding some footing. The chart doesn’t look completely depressing anymore, which is a change. SHIB is stabilizing around a local support zone, and the price action suggests the asset is trying to restore some market structure rather than continuing a straight downward bleed.
Technically speaking, SHIB is trading within a tightening range and has stopped printing aggressive lower lows. That’s notable. Sellers seem to be losing steam, which you can see in the recent recovery from the local bottom and the emergence of a rising support line. This doesn’t mean the market has suddenly turned bullish, but the bearish phase doesn’t seem as dominant as before.
The volume behavior supports this view. Bearish volume has decreased during pullbacks, showing a noticeable slowdown in selling pressure. That typically indicates seller fatigue rather than confidence. Buyers are intervening to protect the current range, though they’re not being particularly aggressive about it.
When an asset moves from distribution to accumulation, this kind of price-volume relationship often emerges. Momentum indicators also suggest SHIB might be resuming operations. The RSI is holding in a neutral zone after recovering from oversold territory, indicating balance rather than panic.
Short-term averages are starting to level out, which is necessary for any long-term recovery. SHIB is still trading below significant long-term moving averages, but the most important thing now is follow-through. If SHIB holds above current support and gradually moves toward regaining important resistance levels, the narrative could shift from dead meme coin to early recovery play.
Ethereum at a technical crossroads
Ethereum presents a different picture. ETH is currently trading in a small area, and the next move will probably determine its medium-term direction. After months of erratic price action and unsuccessful recovery attempts, the asset is at what feels like a technical crossroads.
The asset isn’t in free fall anymore, but it’s also far from regaining a convincing bullish structure. In terms of price, Ethereum is still struggling to stay below significant moving averages. Every attempt at a rally has stalled near significant resistance areas, followed by fresh selling pressure.
This isn’t a sign of strength but rather hesitation. Buyers are present but unwilling to pursue higher prices, while sellers remain active on every price increase. This dynamic creates the kind of compression that typically comes before decisive action.
On paper, ETH is trying to create higher lows, which is positive. However, these attempts are happening within the context of a long-term downward trend. As long as Ethereum stays capped below significant resistance levels, any upward movement risks becoming another lower high.
The current zone is crucial because a clean breakout could lead to a trend reversal, while a rejection would probably reopen the door for deeper downside. Trading activity increases during sell-offs but decreases during rebounds, suggesting conviction is still on the bearish side.
Momentum indicators show the same indecision. The RSI is hovering in neutral territory, not exhibiting strong accumulation or exhaustion. This ambiguity is often observed when a market is waiting for a catalyst rather than responding to one.
Maintaining current support could help ETH stabilize and draw more demand, particularly if overall market conditions improve. If not, it will confirm that the recent strength was merely a brief reprieve within a broader decline.
XRP locked in on $2 level
XRP is testing investors’ patience as price action stays fixed at $2. This area has become both a technical and psychological battlefield, with numerous attempts to push higher failing. XRP has avoided a more severe collapse, but the asset remains in a state of uncertainty due to its inability to make a strong move above $2.
Technically, $2 functions as both support and resistance based on momentum. There’s selling pressure on every rise to higher levels, indicating market players remain wary. Buyers are entering the market near this range, but not with enough vigor to force a clear breakout.
Because of this, XRP keeps moving sideways, reducing volatility and postponing a directional decision. The larger structure suggests a possible double bottom formation despite this reluctance. Price has repeatedly tested the same lower zone without decisively declining, which often indicates seller fatigue.
If XRP can maintain this region and create higher lows, it might set the foundation for a reversal. Confirmation is what makes a double bottom significant. The market’s wait-and-see attitude is reinforced by volume behavior. Selling spikes continue during downward movements, but rebounds lack follow-through.
A persistent rise above $2 would probably swiftly alter perception and confirm the double bottom theory, paving the way for a more extensive rebound. For now, though, it’s a waiting game.