The post U.Today Crypto Review: XRP Prints Double Bottom, Shiba Inu (SHIB) Uptrend Available, Bitcoin (BTC) ‘Now or Never’ Price Moment appeared on BitcoinEthereumNews.com.

The market is at a pivotal point where retraces are possible at any given moment; volume is the only thing that is needed for them. XRP will use the double bottom formation to bounce, Shiba Inu might enter an uptrend and Bitcoin will break $90,000 if everything aligns perfectly.  XRP is plummeting down A distinct double bottom is forming close to the $1.90-$2.00 zone, which is one of the more positive technical developments XRP has printed in months. This pattern indicates a possible turning point rather than just another dead-cat bounce following a protracted downtrend and several failures to recover important moving averages.  The structure is important. After a vigorous sell-off into October and December, XRP returned to the same demand zone in January and was unable to reach a lower low. Rather than continuing, sellers lost momentum, volume decreased and price stabilized. The double bottom is significant because of that second rejection of lower prices.  XRP/USDT Chart by TradingView It is crucial to distinguish between sudden buyer strength and sell-side exhaustion. Major resistance levels, such as the 50 and 200 EMAs, are still below XRP at the moment. This indicates that the market has not yet turned bullish. Double bottoms, however, seldom end immediately.  Typically, they start by shifting the market from trend to range. Consolidation above the base is what investors should be looking for at this point, not sudden upside fireworks. The neckline zone around the $2.15-$2.20 range is the crucial area to keep an eye on. The pattern would be confirmed and a wider trend shift would be possible with a sustained break above that level ideally accompanied by increasing volume. Although repeated defenses of the same level would further strengthen the structure, XRP runs the risk of chopping sideways and retesting support once more in…

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Filed under: News - @ January 23, 2026 2:26 am