Crypto Market Prediction: XRP’s Engines Are Hot Enough for a Rally, Ethereum (ETH): One More Price Surge Attempt, Shiba Inu (SHIB) Does Not Want to Stop at $0.000008
The post Crypto Market Prediction: XRP’s Engines Are Hot Enough for a Rally, Ethereum (ETH): One More Price Surge Attempt, Shiba Inu (SHIB) Does Not Want to Stop at $0.000008 appeared on BitcoinEthereumNews.com.
The composition on the market is far from being bullish enough, and unfortunately, it seems like things will not get better in the near future. Some assets show recovery possibilities, but it might not be for a long time due to the lack of bullish-side liquidity. XRP should be ready One of the more intriguing structures currently on the market is being subtly established by XRP. When you zoom out and consider the context, the chart presents a different picture, even though price action still appears significant at first. Over the past few weeks, XRP has been engaging in systematic, time-consuming accumulation rather than panic-selling. Since the October breakdown, XRP has been trapped in a descending channel on the daily chart. The price is currently in the $2.00-$2.05 range, which is close to the channel’s lower boundary. This area has already undergone numerous tests and, crucially, is still intact. XRP/USDT Chart by TradingView It appears that sellers are running out of steam because each dip into this range has been met with absorption rather than follow-through selling. The structure of the moving average supports that opinion. The trend is currently technically bearish because XRP is trading below the 50- and 100-day EMAs, but the gap between the price and these averages is no longer growing. This compression typically comes before a volatility expansion, and following a prolonged decline, the odds begin to lean toward a bounce instead of another rash leg down. Here, volume behavior is important. With every subsequent push lower, selling volume has been decreasing, and volume spikes are increasingly correlated with upside candles. Weak hands leaving and stronger hands quietly entering the market without pursuing further price increases is classic accumulation behavior. This narrative is also supported by the RSI. For weeks, it has been stuck in…
Filed under: News - @ December 13, 2025 12:26 am