Ethereum May Form Golden Cross as XRP Faces Support Challenge and SHIB Continues to Plunge

Ethereum’s

Triangle Points to Potential Volatility While Loses Steam and Breaks Below Key Support

Ethereum (ETH) appears to be gearing up for a bullish move, with technical indicators suggesting a golden cross may be on the horizon. The 50-day EMA has come close to crossing the important 200-day EMA in the $2,450–$2,500 range. Should this crossover occur, it would indicate a shift in the long-term trend and could push

towards $3,000, provided it remains above its current support. Recent movements show ETH bouncing back from the lower boundary of its rising channel, with the RSI just under 50, pointing to neutral momentum. Experts note that maintaining strong trading volume above $2,600 and closing daily above this mark would confirm the golden cross, boosting bullish sentiment.

XRP, meanwhile, has shown strength despite sustained market headwinds. It has tested support at the 200-day EMA ($2.09–$2.10) three times recently, rebounding each time with force. This repeated defense highlights growing buyer conviction. The 50-day EMA is now acting as resistance between $2.25 and $2.30; breaking through could send XRP up to $2.60–$2.70. Still, the token is trapped between its major moving averages, and failing to break above the 50 EMA could see it slip to $1.63. The RSI is currently neutral around 40, allowing room for upward movement but not signaling overbought conditions.

Shiba Inu (SHIB) finds itself in a risky spot after dropping below vital support at $0.00001231—a threshold that previously steadied the token during past declines. Trading near $0.00001195,

now sits under its 50-day, 100-day, and 200-day EMAs, a sign of weakened sentiment. Analysts caution that further losses could cause SHIB to "add a zero" and potentially slip below $0.00001000. The RSI is close to signaling oversold conditions, but unless there’s a strong buying wave or a market catalyst, this alone may not spark a rebound. Trading activity has also decreased, pointing to waning interest even as prices fall.

The interactions among these three tokens reveal a diverse market landscape. Ethereum’s possible golden cross stands in contrast to XRP’s sideways movement and SHIB’s continued decline. While XRP’s multiple support retests hint at a possible breakout, SHIB’s breach of crucial levels raises concerns about further declines. For

, the pivotal issue is maintaining support between $2,450 and $2,500—a successful defense here could align with broader stability, especially as Solana’s recent outage has highlighted Ethereum’s dependability.

Overall crypto sentiment is adding another layer of complexity to market movements.

Inu’s recent struggles point to the difficulties faced by tokens with limited real-world use, while ongoing legal battles with the SEC continue to impact XRP’s price. In contrast, Ethereum is bolstered by its strong ecosystem and ongoing upgrades, which could fuel long-term growth despite short-term swings.

Traders should keep an eye on major technical levels and trading volumes to confirm possible breakouts or breakdowns. If Ethereum’s golden cross materializes, it may draw fresh interest to the crypto sector. For XRP, climbing above its 50-day EMA remains pivotal, while SHIB’s outlook depends on whether market sentiment improves or new regulations provide a recovery spark. The following weeks will be key in determining whether these assets stabilize or continue to correct in today’s market climate.