Ethereum (ETH) has demonstrated resilience after a severe correction, firmly holding above the $4,300 support zone. The daily chart structure suggests ETH is poised for another surge toward the $5,000 milestone, with the 50-day EMA acting as dynamic support. The RSI at 59 indicates room for a new rally, and while volume has decreased during the correction phase, it remains high compared to earlier this year. ETH may retest recent highs around $4,800 and push toward $5,000 if volume increases, though parabolic advances can end abruptly. A failure to stay above $4,200 could lead to deeper corrections toward the 200-day EMA around $3,400.
XRP is hovering near a critical breakdown below the $3.00 level, trading around $2.82 as of press time. The symmetrical triangle pattern, tightening over weeks, appears poised for a downside tilt, with declining volume reinforcing bearish signals. If support breaks, XRP could decline toward its 200-day EMA around $2.50, with the RSI at 42 indicating bearish momentum. Without a strong catalyst, selling pressure may intensify, and a quick recovery above $3.00 is needed to avoid further declines.
Shiba Inu (SHIB) is consolidating within a symmetrical triangle around $0.0000122, with low weekend liquidity and stagnant volume. The pattern is nearing its apex, and a breakout—either upward toward $0.0000135–0.0000140 or downward toward $0.0000100–0.0000110—is expected next week when volume resumes. The RSI at 44 shows weak momentum, and overhead resistance from multiple EMAs challenges bulls. SHIB's short-term direction will likely be decided by the triangle's resolution.