ETH correction dey deepen, SHIB breakdown dey come, XRP dey eye $2
Ethereum don enter one corrective phase after e reach $4,800 peak. Di ETH correction show say e momentum dey weak as trading volumes dey drop and e dey test di 26-day EMA. If e break below dis level, e fit carry further losses go 50-day EMA and di $4,000 psychological support. Meanwhile, Shiba Inu (SHIB) dey close to breakdown from one ascending triangle. Dem don dey test di support many times and low volumes dey increase di risk say e fit drop and dash away another zero for SHIB price. XRP self dey under pressure after e fail to keep above $3, and e dey approach e 50-day EMA. The falling volumes suggest say bear no too sure, but if e drop below $2.70–$2.75 and di 200-day EMA wey near $2.40, e fit cause test for di important $2 mark. Overall, di bearish technical signs for ETH, SHIB and XRP mean say market people suppose dey more careful.
Bearish
Di current technical setup for Ethereum, Shiba Inu and XRP dey show bearish features wey resemble wetin happen before for market corrections. Ethereum peak around $4,800, then volume start fall plus e cross the 26-day EMA, e be like the 2021 middle cycle pullback, wey similar breach make am sharply drop to the 50-day EMA plus the main psychological supports. Shiba Inu no fit break the ascending triangle, and e dey constantly test the support without volume confirmation, e resemble how consolidation patterns break for other altcoins when bear phase dey. XRP no fit return $3, and e dey approach the 50-day EMA, this one still show say the bullish momentum dey weak. Historically, these kind technical breakdowns dey cause quick retracements as traders dey shift go low-risk assets, wey increase short-term volatility and risk aversion. For long term, if dem fit hold major supports like 200-day EMA for XRP and $4,000 for ETH, the bigger bull cycle fit still dey alive. But if selling pressure continue, e fit delay new highs and make market recovery hold, wey mean say make we dey watch cautiously with bearish outlook for immediate trading and long-term trends.