Bitcoin falters at 50-day EMA, Shiba Inu stagnates, XRP weak-volume bounce
Bitcoin has struggled to maintain momentum after failing to break above the 50-day EMA on weakening volume, signaling a potential bearish trend unless it regains $116,000. Shiba Inu’s volatility has collapsed to near zero, trading within a symmetrical triangle on declining volume and suggesting a prolonged sideways phase unless it clears $0.0000135 and $0.0000141. XRP delivered an unexpected rebound above its 50-day EMA but lacked volume and failed to confirm a breakout above its 26-day EMA, raising doubts about the sustainability of this move. Traders should watch key levels: $111K support and $116K resistance for Bitcoin, $0.0000135 and $0.0000141 for Shiba Inu, and $3.05 and $3.20–3.30 for XRP. Overall, mixed technical signals across Bitcoin, Shiba Inu and XRP point to a neutral short-term outlook.
Neutral
The report highlights mixed technical signals across three major tokens. Bitcoin’s failure at the 50-day EMA on falling volume suggests a bearish bias and mirrors past pullbacks where weak volume led to extended corrections. Shiba Inu’s near-zero volatility and low-volume triangle point to neutral-to-bearish consolidation, as compressions without catalyst often precede sideways markets. XRP’s surprise rebound above the 50-day EMA is undermined by insufficient volume and inability to clear the 26-day EMA, reflecting weak conviction similar to prior short-lived rallies. Collectively, none of the assets exhibit strong trend confirmation, indicating a neutral market stance. In the short term, traders may stay cautious and await clear breakouts; over the longer term, breaking key levels will be crucial for directional conviction.