XRP Outperforms Ethereum as BTC Eyes $150K and SHIB Tests EMA
XRP has outpaced Ethereum in recent weeks, breaking above its 50-, 100- and 200-day EMAs with an RSI over 80. Its rally is driven by spot accumulation rather than leverage, though thin volume raises sustainability and correction risks. Weak Ethereum momentum underscores XRP’s relative strength. Meanwhile, Bitcoin continues to consolidate above its 26- and 50-day EMAs near $120,000. With the RSI above 60 and minimal resistance to $135,000, BTC is forming a tightening flag pattern that points to a potential rally toward $150,000, barring major macro factors. Shiba Inu is retesting its 200-day EMA at $0.0000144, a crucial support level after a recent rebound. Failure to defend could see SHIB slide to the 50-day EMA around $0.0000136 or the 100-day EMA at $0.0000125. Momentum indicators signal waning bullish conviction, making this EMA test pivotal for its summer rally. Overall, this mixed-asset technical outlook underscores strong bullish momentum for XRP and Bitcoin, while SHIB faces a key structural test and Ethereum remains subdued. Traders should monitor these EMA levels and momentum signals to gauge risk and potential entry points.
Bullish
XRP’s breakout over major EMAs with strong spot accumulation signals robust short-term bullish sentiment, while Bitcoin’s consolidation above key EMAs and a tightening flag pattern coupled with RSI momentum increases the probability of a rally toward $150,000 in both the near and medium term. Although SHIB’s EMA retest introduces asset-specific downside risk, it does not negate the overall positive momentum across leading digital assets. Ethereum’s muted moves further highlight capital rotation into XRP and Bitcoin. Historically, similar multi-asset technical breakouts have led to sustained uptrends, supporting a bullish market bias.