Golden Cross Isn’t Enough, Shiba Inu (SHIB) Volume Nears 0, XRP Risks Losing $2, but $3 is Possible

The action of Bitcoin prices has signs of weakness and hesitation even if it has printed a golden cross. The price of the flagship cryptocurrency is currently down a little to $ 95,484 after recently increased around $ 96,000 with little or no tracking momentum. The problem: despite its positive symbolism, the golden cross has not generated institutional interest or the peak of volume which would normally be necessary to start a long -lasting rally.

BTC can approach an excessive area with little strength to push higher in the near future, as evidenced by the volume already descending from the April break and RSI cooling almost 64 years. Investors may need to reduce their expectations if they anticipate a spectacular break. Given its current price structure, which points to a stand, Bitcoin can easily return to the support area of ​​$ 91,000 if the momentum does not resume quickly.

From a structural point of view, it is technically encouraging that Bitcoin has found all the main EMA (50, 100 and 200). The absence of purchase pressure after the escape is worrying. The macro environment continues to be significant. The ETF flows were calmed after the major entries in early May, and the overall feeling of the market is still opposed to risk due to macroeconomic uncertainty.

The price of bitcoin could consolidate between $ 91,000 and $ 96,000 in the absence of new catalysts. Traders are expected to keep a careful eye on the level of $ 91,000 to $ 90,000 in the near future. The recent bullish structure can be invalidated by ventilation below this area, but the optimistic momentum can be reinforced by a clean break greater than $ 97,000 with a new volume.

Doubtful volume of Shiba Inu

The short -term price of the short -term price of Shiba Inu can be seriously compromised by the worrying decline in the volume of trading. The same token is currently negotiated just above the threshold of 0.00001296, and its daily volume has hated harsntly, landing it at some of the lowest levels in recent weeks. The volume is frequently used as a replacement for the interest of investors and the purchase pressure, and the current SHIB course is a striking warning.

According to the graph, Shib recently made an effort to go beyond the important levels of resistance, but all the gains were quickly interrupted by the absence of monitoring volume. With the decrease of the momentum and the relative force index (RSI) approaching the neutral territory, Shib seems to be moving gradually in the direction of the 50 -day EMA, which is located at $ 0.00001274. The nearest support line for this EMA could momentarily stop the decline, but the larger image indicates a more serious problem.

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The sudden decrease in volume is a warning sign. Future recovery attempts are likely to be short -lived or to fail completely if there is not enough negotiation activity to support prices. This type of volume collapse has historically preceded the lateral movement or an additional drop in assets such as SHIB, especially when there are no powerful catalysts.

The region from 0.0000120 to 0.00001118 $ would be the next logic area if SHIB lost the EMA 50 support. Technically, a rebound from the current configuration is still possible, but the dimensions are more favorable to consolidation or additional retirement than a new advance.

XRP is not stable

XRP is perched on a precipice. The asset displays weakness indications when it is consolidated in a narrowing range, even if it keeps above the $ 2 threshold. A classic volatility pressure is indicated by the flattening volume and the visible descending channel; Historically, this configuration has produced net directional movements. The problem is that it is not clear to what extent XRP will break.

With its current price around $ 2.19, XRP is dangerously close to a significant level of support. A decrease less than $ 2 could trigger a larger retracement, which would move the active in the direction of the 200 EMA at $ 1.99. There does not seem to be a noticeable momentum because the RSI remains neutral at around 51 years. The traders clearly await a catalyst before committing as evidenced by drought in volume.

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The accumulation of potential energy, however, is the disadvantage of this low volatility environment. The $ 3 mark would be the next psychological and technical target if XRP is able to guarantee a daily fence greater than $ 2.25 to $ 2.30 and break above the upper limit of its downward channel. The contradictions of XRP signals are the problem. A bullish continuation model can develop following the consolidation of price action.

However, there are concerns raised by lack of volume and the inability to generate a long -term amount of movement after previous rallies. The objective of $ 3 is conceivable but is not ensured due to the uncertainty on the market scale and the internal resistance levels of XRP.