XRP Over $2, Shiba Inu (SHIB) Can Still Add Zero

Even after a modest price recovery, Shiba Inu is still teasing the possibility of more drops, including the unfavorable possibility of adding another zero to its already low value. Despite offering a brief reprieve, SHIB’s latest price gain to $0.0000123 lacks the substance needed to initiate a long-term bull run. Technically speaking, SHIB has successfully recovered the 50 EMA, which is typically a sign of temporary strength.

However, because the price is still significantly below the 200 EMA and significant resistance levels, which are at $0.000015 and $0.000017, the general negative trend is still in place. Volume has somewhat increased over the recovery days, but not enough to confirm the accumulation of major players or the presence of true market conviction. More worrisome is the structural fragility that has long surrounded SHIB. As was already mentioned, the project has lost much of its initial momentum.

There are very few prominent executives like Shytoshi Kusama in attendance, and there are no significant updates on collaborations, ecosystem expansion, or technology development. More than any notable innovation, SHIB is currently being driven by nostalgia and its meme-powered origins. The lack of clear use cases makes it harder for SHIB to distinguish out in the increasingly congested meme coin market.

The current state of affairs demonstrates decreasing enthusiasm, in contrast to previous surges when social media buzz and community involvement were essential. Even retail interest, which was previously SHIB’s strongest pillar, has decreased, as evidenced by lower transaction volumes and sluggish address growth.

XRP may suffer.

XRP is currently trading at $2.19, surpassing the noteworthy XRP Over $2 threshold. This breakout above significant moving averages, such the 50 and 100 EMAs, is technically encouraging, but it lacks the conviction needed to sustain a long-term bullish trend. Price alone is insufficient.
XRP needs a significant increase in trade volume and on-chain activity in order to solidify its position and exit the downward trend it has been trapped in since the beginning of 2025. The asset is now getting close to overhead resistance between $2.22 and $2.25, which was a key rejection zone in early March.

If there isn’t a significant volume-backed push above this range, XRP might simply stall and return to the $1.90–$2.00 support level because its long-term downtrend structure is still technically intact. One of the main red flags at the moment is the rally’s low volume. The latest surge above $2 has not been accompanied by an increase in daily trading activity.

On-chain data is also falling short of expectations. A lack of institutional and retail interest is suggested by the muted large transaction counts, wallet growth, and active addresses. Without these important catalysts, XRP’s breakout could end up being just another short-lived surge rather than the beginning of a lengthy rally.

For XRP to develop bullish momentum, adoption and narrative engagement are just as important as price. Increases in transaction volume, smart contract activity, or enterprise alliances may inspire renewed interest. Until then, traders should proceed with caution and watch for confirmation as higher on-chain measures and a distinct breakout over $2.25 with ongoing buying pressure appear.

Bitcoin stays away from it.

Bitcoin (BTC) is once again in the news because of its recent price performance, which could terminate the imminent death cross scenario. The death cross, a negative warning that emerges when the 50-day moving average crosses below the 200-day moving average, has been drawing nearer over the previous few weeks, alarming the market. But the story has suddenly been turned upside down by a notable rise in purchasing power. Now that Bitcoin has recently returned above the $84,000 level and is trading at roughly $84,866, traders are feeling more confident.

Undoubtedly, the volume has increased, indicating that institutional and retail players are once again interested. Bitcoin is currently trading close below a critical resistance area between $85,000 and $87,800 on the daily chart, which was the site of sell-offs during March’s recovery attempts. This suggests that the history of Bitcoin is about to undergo a sea change.

Although the rally is still in its early stages, the recent momentum is enough to delay or even eliminate the expected death cross. Going into Q2, 2025, a confirmed breakout over $88,000 and strong volume will likely invalidate the bearish pattern and restore the bullish momentum.

Notably, the shorter EMAs (the 50-day in blue and the 100-day in orange) are starting to curve upward, suggesting a trend reversal, while the black 200-day EMA is remaining stable as a support line. Bitcoin may retest its annual high and possibly go for new all-time highs later this year if the rally continues.