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Crypto

Shiba Inu eyes top 25 by market cap as 39 percent rebound scenario draws attention

On-chain indicators show 94.49 percent of Shiba Inu (SHIB) circulating supply is concentrated in 707 large wallets. If the concentration reflects liquidity leaving exchanges, price rebounds could be amplified when large buy orders enter, as less supply is immediately tradable. Etherscan data put major holders’ SHIB at about $2.36 billion. Technical signals on TradingView also suggest a possible rebound, with a 39 percent rise cited toward the 200-day EMA.

Crypto

Bitcoin rebound extends, but market still eyes $55,000 level

Bitcoin rebounds to around $66,000 after testing support at the 200-day exponential moving average, but the market remains cautious about further gains. A bearish dead cross on daily charts persists and trend strength indicators remain weak, while RSI signals room for upside. On Myriad, most traders expect $55,000 before $84,000. The Coinbase premium index has stayed negative since May, suggesting limited U.S. institutional buying.

Crypto

XRP bearish signals stack, with $1.06 support and $1.10 reclaim in focus

XRP has fallen below its 20-, 50-, 100- and 200-day exponential moving averages on the daily chart, putting both short- and medium-term trends in bearish territory. It traded around $1.0863 and remains under multiple resistance levels, starting with the 20-day EMA at $1.1004. Analysts also point to a $1.06 support tied to the upper trendline of a descending triangle. A daily close below that level could signal a return to the triangle, with support seen at $0.75 to $0.80.