The post Crypto Market Review: Shiba Inu (SHIB): Are There Any Chances? Is XRP Eyeing $1.50? Bitcoin (BTC) Under Bearish Control appeared on BitcoinEthereumNews.com.

Shiba Inu is still under constant bearish pressure, and the chart structure does not provide much short-term rest for hopeful investors, and this kind of image is applicable for both XRP and Bitcoin at this point in time. The asset is still trapped in a long-term downward trend, characterized by a series of lower highs and lower lows, and declining moving averages. Shiba Inu enclosed SHIB is compressing inside a small triangular structure in recent price action. This formation is taking place within a larger bearish framework, rather than indicating a definite reversal. The prevailing trend is the main problem. The long-term and medium-term moving averages are both far above the current price, and sloping downward. This alignment demonstrates that sellers maintain control over the structure of the market. Any brief uptick is quickly stopped by overhead resistance. This keeps momentum from developing into a long-term recovery. SHIB/USDT Chart by TradingView The accumulation phase that is usually necessary before a significant trend shift is not being displayed by the market. This weakness is reinforced by volume behavior. Purchasing interest seems to be more reactive than proactive, with spikes mostly happening during relief rallies rather than gradual accumulation. This pattern implies that traders are taking advantage of volatility, instead of setting up for long-term gains. SHIB lacks the structural support necessary to end its larger bearish cycle in the absence of steady demand entering the market. Technically, a quick breakout attempt could result from the small triangle that is forming close to recent lows. However, rather than serving as reversal signals, these patterns typically resolve as continuation setups during a dominant downtrend. Even if price pushes upward, multiple resistance layers remain stacked above.   Looking at things more broadly, there are not many indications that a proper recovery will occur anytime…

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Filed under: News - @ January 30, 2026 9:28 am