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Crypto
Shiba Inu open interest surges, could leverage expansion be a variable
Shiba Inu is showing a strong bullish move in derivatives markets as its price rises alongside growing open interest and net long positions. Market analyst CW said buying pressure is strengthening, with higher highs and higher lows on the hourly chart and rising volume. Open interest has moved from just above 5 billion to above 6 billion, while net positioning has flipped to more than plus 400 million, pointing to a shift toward bullish positioning. Leverage risks are also increasing.
Crypto
XRP $20 scenario; real uptrend needs to clear this zone
XRP could form a strong bullish candle in the coming weeks, analysts said, as it tracks a repeated long-term price pattern. They see a fuller uptrend potentially starting after a break above the $3.35 resistance level, which is near an all-time high. Technical indicators such as the RSI moving above its average also point higher. A chart-based measured target was cited at $20 if $3.35 is cleared.
Crypto
Ethereum top whales return to profit zone, 25 percent rally scenario opens
Ethereum may be entering a medium-term uptrend as on-chain indicators and technical patterns improve, lifting market expectations. Analysts cited by Cointelegraph see potential rises to $2,750 in June and $3,200 in September. CryptoQuant data show wallets holding more than 100,000 ETH moved back into profit. Some analysts view this as a turning signal, though past instances also saw sharp declines. Key technical levels could determine direction in coming weeks.