XRP Loses Bullish Grip as ETH Sees $200M Liquidation; SHIB Shows Oversold Rebound Potential
XRP has seen a marked loss of bullish momentum as repeated failed recovery attempts left the token trading well below key moving averages (50- and 100-day). Sellers dominate, volume spikes accompany declines, and XRP remains in a downtrend with lower highs and lower lows — risking further slides unless bulls reclaim resistance zones. Ethereum experienced a sudden surge in sell-side volume that appears to have forced large liquidations, quickly breaking key support near $2,800 and driving ETH toward the $2,300–$2,400 range. The move erased stability and left ETH trading below major moving averages, with momentum indicators weak and short-term control held by sellers. Shiba Inu posted its worst start to 2026, breaking down from consolidation into fresh local lows on heavy volume. However, RSI readings are extremely oversold, which historically has led to brief relief bounces or consolidation as weak hands exit. Traders should note: XRP and ETH show clear bearish structure and vulnerability to further selling, increasing liquidation risk and volatility; SHIB is deeply oversold and may offer short-term bounce trades but requires clear reclaiming of resistance for sustained recovery. Key keywords: XRP, Ethereum, ETH, Shiba Inu, SHIB, liquidation, moving averages, oversold, RSI, trading volume.
Bearish
The article describes clear technical weaknesses across XRP and ETH and forced selling events that increased volatility. XRP is below key moving averages, forming lower highs/lows with volume spikes on declines — classical bearish structure that typically precedes further downside absent renewed buying. Ethereum’s drop was driven by a sudden surge in sell-side volume and likely liquidations of large leveraged positions; similar events in past cycles (e.g., liquidations in March 2020, May 2021 corrections) produced rapid price declines and elevated short-term volatility before any sustainable recovery. SHIB is deeply oversold with extreme RSI readings, which can prompt short-term relief bounces, but oversold conditions alone do not guarantee trend reversals — sustained recovery requires reclaiming resistance and improved market structure. For traders: short-term bias favors sellers for XRP and ETH; risk of cascade liquidations and stop-run moves is higher, so use tight risk controls, avoid chasing breakouts, and consider short or hedge positions. For SHIB, consider mean-reversion or bounce trades with strict stops, but avoid assuming a sustained bullish turnaround until price and volume confirm a structure change. Overall impact on market stability is increased volatility and downside risk until technical supports are convincingly reclaimed.