Ethereum is stirring again, and the altcoin kingdom feels the shift. The broader market still looks bruised, yet a few assets are quietly flashing strength: ETH is pressing against a major midterm barrier, while XRP seems to be gathering fuel for a potential jump. SHIB, however, remains stuck in the mud.
Ethereum is making its move
Ever since the correction wave began in mid-October, Ethereum has been staging its sharpest recovery. The bleeding has stopped, structure rebuilt, and now ETH is leaning hard on its first major hurdle — the 50-day EMA floating just above $3,350. For nearly two months this level blocked every attempt upward, but this time the setup looks different.
ETH’s lift is powered by rising volume, steady higher lows, and a revived mood across altcoins. A trail of strong green candles — not immediately sold off — hints that sellers are losing their grip. If momentum and volume stay aligned, a bullish breakout becomes the leading scenario. Breaking the 50 EMA with conviction could send ETH toward $3,500, then into the $3,700–$3,800 zone where the last major slide began. From there, the narrative shifts to a familiar question: does $4,000 fall next?
A softer path remains possible — a rejection at the 50 EMA followed by another higher low around $3,200–$3,250. This keeps bullish structure alive, simply delaying the breakout until market liquidity improves. A deeper failure, now less likely, would drag ETH back toward $2,950 and signal the market jumped too soon.
XRP builds pressure in silence
For weeks, XRP has been gliding down a neat declining channel, forming lower highs, lower lows and losing spark with each bounce. But now, the lower boundary is starting to flatten — an early sign that seller pressure is fading. The latest test of that trendline produced a cleaner, stronger rebound than before, suggesting the bearish engine is tiring.
A cluster of resistance — the mid-channel trendline, the 20 EMA and the 50 EMA — now compresses around $2.15–$2.25. When multiple ceilings stack like this, breakouts tend to be decisive. A solid daily close above roughly $2.28 would likely flip short-term momentum and attract buyers waiting on the sidelines.
The one shadow over this setup is volume. Without stronger inflows, XRP may simply drift sideways inside the channel, postponing any major move. But if it clears $2.25–$2.30 with force, the next checkpoints lie at $2.40–$2.50, and beyond that, the path toward $2.70+ where the 200 EMA sits.
Failure to push higher sends XRP back to the lower channel and near $2.00. That keeps the macro structure intact but drains momentum.
SHIB remains trapped
SHIB’s rejection at the 20 and 50 EMAs confirms what the chart has been whispering — buyers still lack the power to shift the trend. The asset briefly poked into the $0.0000089–$0.0000091 zone but couldn’t close above it, triggering another sell-off. This is notable because that resistance has capped SHIB for nearly a month; breaking it would have signaled the first real mindset shift toward recovery.
Instead, SHIB continues to reinforce its bearish pattern: lower highs, lower lows, and fading volume. When an asset approaches resistance with weakening demand, rejection becomes almost inevitable.
If SHIB can’t regain momentum soon, the price may slip toward the $0.0000082–$0.0000080 region. A break below exposes the deeper supports around $0.0000075 — the last place buyers stepped in with intent.
The failed resistance test keeps the short-term outlook bearish, but nothing is permanently broken. The structure still leaves room for a reversal — but only if buyers return with real conviction instead of brief, exhausted bounces.#eth #ETH🔥🔥🔥🔥🔥🔥 $SHIB
