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

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

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.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 the absence of that breakout. This pattern has the potential to significantly alter how XRP trades from the standpoint of market shape. 

The price may begin to compress upward rather than cascade lower highs and lower lows, compelling short sellers to cover and directing liquidity toward accumulation. This refutes the clean bearish continuation thesis, but it does not ensure a rally.

Shiba Inu’s pivotal moment

Shiba Inu is getting close to a crucial technical juncture, where the next few sessions could determine whether the market eventually moves past its protracted bearish phase. It is reasonable to argue that an uptrend rather than another short-term relief move is emerging if SHIB is able to bounce and hold this area. 

The price is currently hovering near a well-established support zone that has already absorbed several sell-offs. Structurally speaking, SHIB no longer prints aggressive lower lows. The chart’s months-long downward momentum has clearly subsided, and price compression is occurring close to the local base. Trend reversals frequently start with sellers gradually losing control rather than with an explosive upside.

You Might Also Like

The market will have successfully confirmed a higher low, which is necessary for any long-term uptrend if buyers defend this level and drive prices higher. The behavior of volume supports this theory. Significantly decreasing volume has coincided with the current bearish trend, indicating a lack of conviction on the part of sellers. 

In order to maintain pressure, strong trends –especially bearish ones — need to increase volume. Rather than becoming louder, SHIB’s sell-offs are becoming quieter. A retracement or change in trend is frequently preceded by this divergence between price and volume, especially when it occurs close to established support. 

Technically speaking, a recovery here would direct attention toward recovering short-term moving averages, which might then serve as dynamic support, as opposed to resistance. An uptrend does not necessitate immediate dominance of the entire structure, even though higher-time-frame averages are still above. 

All that is needed is consistency: controlled pullbacks, gradual higher highs and defended lows. Conditional optimism is the most important lesson for market participants. Although it has not been confirmed yet, an uptrend is obviously possible. The setup collapses if SHIB is unable to bounce and breaks clearly below this zone. 

Bitcoin’s key moment

In the current state of Bitcoin, indecision is no longer neutral. Around the $90,000 mark, the market has contracted into a narrow area that is now a structural decision point rather than merely another support or resistance level. What transpires here will probably determine the medium-term course of Bitcoin. 

Technically speaking, BTC’s previous uptrend has already lost steam. The 200 EMA looms above as far-off resistance rather than support, while the price is trading below important short- and midterm moving averages. There have been numerous unsuccessful attempts to push higher, and every rejection close to $90,000 weakens the level even more. Repeated failures at psychologically significant prices are rarely forgiven by markets.

You Might Also Like

For this reason, the current situation is now or never. Bitcoin has the potential to rebuild a foundation for recovery if it can successfully recover and hold above $90,000. Short covering would probably result in sentiment stabilizing, and the price would be able to push past higher resistance levels. In the absence of that reclamation, the risk would drastically shift to the downside and the structure remain bearish. The risk is what happens if $90,000 does not work out.

Liquidity rapidly diminishes below this threshold, and there is little historical structure to impede a decline. A breakdown would indicate that buyers are unwilling to actively defend the market, which would allow selling pressure to build.

In that case, Bitcoin increases rather than decreases. The issue is made worse by volume behavior. Strong participation in recent bounces indicates that buyers are hesitant rather than confident. When combined with repeated resistance failures, this type of low-conviction recovery frequently precedes another leg down.

Source: https://u.today/utoday-crypto-review-xrp-prints-double-bottom-shiba-inu-shib-uptrend-available-bitcoin-btc-now-or

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

TradFi Titan BlackRock Debuts Staked Ethereum ETF, Letting Investors Earn Yield Alongside ETH Exposure ⋆ ZyCrypto

TradFi Titan BlackRock Debuts Staked Ethereum ETF, Letting Investors Earn Yield Alongside ETH Exposure ⋆ ZyCrypto

The post TradFi Titan BlackRock Debuts Staked Ethereum ETF, Letting Investors Earn Yield Alongside ETH Exposure ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
Share
BitcoinEthereumNews2026/03/13 12:15
UK crypto holders brace for FCA’s expanded regulatory reach

UK crypto holders brace for FCA’s expanded regulatory reach

The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
Share
BitcoinEthereumNews2025/09/17 23:52
Edges higher ahead of BoC-Fed policy outcome

Edges higher ahead of BoC-Fed policy outcome

The post Edges higher ahead of BoC-Fed policy outcome appeared on BitcoinEthereumNews.com. USD/CAD gains marginally to near 1.3760 ahead of monetary policy announcements by the Fed and the BoC. Both the Fed and the BoC are expected to lower interest rates. USD/CAD forms a Head and Shoulder chart pattern. The USD/CAD pair ticks up to near 1.3760 during the late European session on Wednesday. The Loonie pair gains marginally ahead of monetary policy outcomes by the Bank of Canada (BoC) and the Federal Reserve (Fed) during New York trading hours. Both the BoC and the Fed are expected to cut interest rates amid mounting labor market conditions in their respective economies. Inflationary pressures in the Canadian economy have cooled down, emerging as another reason behind the BoC’s dovish expectations. However, the Fed is expected to start the monetary-easing campaign despite the United States (US) inflation remaining higher. Investors will closely monitor press conferences from both Fed Chair Jerome Powell and BoC Governor Tiff Macklem to get cues about whether there will be more interest rate cuts in the remainder of the year. According to analysts from Barclays, the Fed’s latest median projections for interest rates are likely to call for three interest rate cuts by 2025. Ahead of the Fed’s monetary policy, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds onto Tuesday’s losses near 96.60. USD/CAD forms a Head and Shoulder chart pattern, which indicates a bearish reversal. The neckline of the above-mentioned chart pattern is plotted near 1.3715. The near-term trend of the pair remains bearish as it stays below the 20-day Exponential Moving Average (EMA), which trades around 1.3800. The 14-day Relative Strength Index (RSI) slides to near 40.00. A fresh bearish momentum would emerge if the RSI falls below that level. Going forward, the asset could slide towards the round level of…
Share
BitcoinEthereumNews2025/09/18 01:23