As its prices continue to struggle with slacking momentum, Shiba Inu is on a critical bear signal crisis. The assets have been steadily declining in value for weeks and could show a more severe decline as the death cross is about to form. When the 50 EMA falls below 200 EMA, it is known as the Cross of Death and indicates a movement into bearish territory.
Shib is currently well below both the 50 and 100 EMAs ($0.0000204 and $0.0000211) so the bullish momentum appears to be waning considerably. If 200 EMA ($0.0000181) breaks, Shiv could enter a long-term downward trend. SHIB is currently trading at around $0.000015, down more than 50% from its December high.
Lower highs and lows, traditional signs of bearish control, define downtrends. A short rebound occurred at around $0.000015, but the overall structure is still further downsided unless purchase pressure rises. One of the key support areas is still 200 EMA. If SHIB fails to maintain a position above $0.000015, it could decrease to $0.000012 or $0.000010.
Meanwhile, a break above $0.000018 could indicate a short recovery. However, profits will likely be limited by a resistance of $0.000020. The cross-forming of death is an obvious warning sign, so SHIB could be subject to additional sales pressure unless the Bulls intervene promptly.
XRP recovery is still possible
XRP's recent price measures indicate that a recovery may be imminent, but the assets are currently a significant conflict between 50-100 EMA, engaging in two important moving averages. It's there. The current situation is uncertain as historical trends show that the struggle between these levels frequently breaks downward, despite the fact that rebound is not impossible.
The XRP vibrates between 50 EMA ($2.62) and 100 EMA ($2.17), so traders are waiting for a clear move. If your XRP exceeds 50 EMA, you may recover to $2.74 and ultimately start at $3.00. However, there is a high chance that the price will drop to $1.63 based on past trading activities. The next important support is $2.17.
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When a seller takes control, XRP could drop even further, as 100 EMA is not normally considered a strong level of support. However, the momentum needed to bring the assets back to a bullish structure may be provided by a successful 50 EMA test. The positive indication that buyers are intervening is a surge in trading volume. However, at this point, the relative strength index (RSI) is still trading at 37.81, indicating a weak purchase momentum. XRP needs to break 50 EMA and stay above 50 EMA to fully recover.
A reduction to $1.63 is possible if a failure occurs and falls below 100 EMA. The short-term trajectory of XRP is determined by a clear breakout, so traders should be aware of volume spikes and price movements around 100 EMA.
Ethereum may bounce back
After a sharp decline, Ethereum is making an effort to bounce back, but it's not easy to go back to $3,000. The assets currently trade at around $2,760 and appear to be stable, but at 200 EMA it still faces major obstacles. The most direct barrier to ETH is 200 EMA, or about $3,117.
In the past, it required a great bullish momentum to surpass this level, but now the market is still fighting uncertainty. Before a major recovery occurs, Ethereum needs to overcome this resistance with sustained purchasing pressure and large quantities.
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Bully Breakout: In the coming weeks, momentum could overcome 200 EMA and drive ETH to $3,300-$3,500 if it exceeds $3,100.
Range trading: If your ETH can't break $3,000, you could settle between $2,600 and $3,000 before trying again.
Additional reduction: Ethereum loses momentum and falls below $2,600, which could result in a sudden correction using a downside target of close to $2,400. The future direction of Ethereum is determined by market sentiment and quantity, but a major breakout above 200 EMA is needed to regain $3,000. This is a difficult but feasible task.
