Shiba Inu Could Break Down as XRP Nears Critical Test and Cardano Holds Support

  • Shiba Inu price: narrowing triangle, risk of breakdown

  • XRP price: 100‑day EMA is critical support; failure risks move to $2.00

  • Cardano price: $0.80 support pivotal; low volume increases volatility odds

Shiba Inu price, XRP price, Cardano price at critical levels; read key support/resistance and immediate trade implications — monitor volume and EMA levels now.

What is happening with Shiba Inu price?

Shiba Inu price is trapped in a narrowing triangle around $0.0000123 and shows a bearish structure. Trading volume has steadily declined since early August, increasing the likelihood of a downside breakout unless buyers retake $0.0000132–$0.0000139 with strong volume.

Why is volume important for SHIB’s next move?

Volume is the primary confirmation tool for breakouts and breakdowns. SHIB’s declining volume suggests fading participation, which often precedes sharp moves. If volume increases on an upward breakout above the descending trendline, bullish momentum can resume; if volume spikes on a selloff, expect accelerated downside toward $0.0000110 or $0.0000100.

Article image
SHIB/USDT Chart by TradingView

How does XRP price react to the 100‑day EMA test?

XRP price currently trades near $2.83, just above the 100‑day EMA (~$2.77). The 100‑day EMA is acting as support; a decisive close below it would validate bearish momentum and open a path to $2.50 and then psychological $2.00.

What indicators confirm XRP’s outlook?

RSI near 44 signals neutral-to-weak momentum, and the broken lower trendline of the prior symmetrical triangle highlights structural weakness. Volume has tapered, which can mean either seller exhaustion or liquidity drying up — both amplify risk if stop orders cascade during low liquidity periods.

When will Cardano price show a clear direction?

Cardano price (ADA) sits by the 100‑day EMA and the $0.80 support zone. A sustained defense of $0.80 could allow a push toward $0.90–$1.00. Conversely, failure of this zone amid low volume would likely accelerate downside pressure.

What are the short‑term signals to watch for ADA?

Watch for RSI around 48 to form any bullish divergence and monitor daily volume for conviction. A breakout above $1.00 would attract momentum traders, while persistent low volume increases the chance of an abrupt move when market sentiment shifts.


Frequently Asked Questions

What support levels should traders watch for SHIB long/short setups?

Monitor $0.0000120 as immediate support; a break could target $0.0000110 and $0.0000100. Resistance sits at $0.0000130–$0.0000139 and at the descending trendline; volume confirmation is essential for any trade decision.

How should investors react if XRP closes below the 100‑day EMA?

A daily close below the 100‑day EMA (~$2.77) increases downside risk; consider reducing exposure, tightening stops, or waiting for a confirmed reclaim of $3.00 before adding positions.

Key Takeaways

  • Shiba Inu: Narrow triangle and falling volume increase the chance of a breakdown; watch $0.0000120 support and $0.0000130–$0.0000139 resistance.
  • XRP: 100‑day EMA is a make‑or‑break level; below it, $2.50 and $2.00 become likely targets.
  • Cardano: $0.80 is pivotal; low volume raises volatility risk, but a breakout above $1.00 would attract momentum buyers.

Conclusion

This market phase places Shiba Inu price, XRP price, and Cardano price at decisive technical junctures. Front‑loaded signals — support/resistance, EMAs, RSI and volume — should guide risk management. Traders and investors must watch these levels closely and prepare for rapid moves once liquidity returns.







Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Bitcoin Leads Spot Market Exodus with $49M Net Outflow as XRP Tops Inflows at $16.78M

According to Coinglass data on September 4, net flows...

CryptoQuant’s Axel Adler Jr Says Bitcoin Could Rally Above $113,000 Toward 30-Day Moving Average

According to COINOTAG on September 4, CryptoQuant analyst Axel...

Bitcoin Treasury Firm The Smarter Web Company to Issue 21 Million Shares Under Renewed Subscription Agreement

According to an official announcement, The Smarter Web Company,...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img