The post Volume at Zero, Ethereum (ETH) Absolutely Stuck appeared on BitcoinEthereumNews.com.

Ethereum deadlock Shiba Inu sleeping XRP is on the verge of slipping into dangerous territory as it grinds lower, toward the critical $2 threshold. The asset has steadily lost value over the last 48 hours, losing short-term support levels one by one, and has not held any bounce attempts. XRP’s hourly chart shows a noticeable decline in momentum. As a traditional indication that sellers are still in control, the price has broken below the 26 and 50 EMAs and is currently trapped beneath the 100 and 200 EMAs. Every attempt at a rally has been capped between $2.13 and $2.15, and the declining volume confirms that bulls are just worn out. The most concerning is the total lack of support for the current consolidation. XRP/USDT Chart by TradingView Even a slight relief rally has not been triggered by the RSI’s decline near 36, which is getting close to oversold territory. When oversold conditions are not addressed by momentum, it usually indicates that buyers have left the building. Currently, the psychological $2 level is the final significant line of defense. Below it, a clean breakdown runs the risk of causing panic selling, a series of liquidations and additional short-term holders to give up. For XRP, which has centered a large portion of its 2025 story on recovering and reaching previous highs, losing $2 might be a devastating blow to sentiment. A decline below this round-number support could have significant psychological repercussions, so it is crucial to keep that in mind. An acceleration of exits may result from traders who have been watching it as a clear failure of the recent bullish structure. Ethereum deadlock On the hourly chart, Ethereum is stuck in a stubborn deadlock between the 100 EMA and the 200 EMA, bringing the price to a halt in one…

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Filed under: News - @ June 28, 2025 3:23 am