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Crypto

XRP breaks resistance as short liquidations mount; next test is $1.065 support

XRP has broken a key resistance level, rapidly expanding losses for short sellers. A sharp rise after a prolonged $1.02 to $1.06 range led to widespread liquidations. Over the past 24 hours, more than $634 million in margin positions were forcibly liquidated across the crypto market, with about 73 percent tied to shorts, CoinGlass data showed. In XRP, about 81 percent of losses came from bearish bets.

Crypto

Shiba Inu may pause decline; 18 percent upside if it breaks key level

Shiba Inu is showing early signs of a technical rebound despite prolonged selling pressure, holding above a key support area near $0.0000040. Attention is on whether it can break a descending trendline around $0.00000451. Indicators such as the RSI have improved after dipping into oversold territory. If the trendline is cleared, resistance levels are seen at $0.0000051 and $0.0000055, with $0.0000066 possible if momentum holds. A break below support could open further downside.

Crypto

XRP holds $1 but risk of pullback to $0.815 grows

XRP is facing renewed downside pressure after failing to break above its 50-day simple moving average. It has struggled to exit a downtrend lasting nearly a year after failing to reclaim key resistance last month. Analysts say the June rebound did not signal a trend reversal, with an intraday high capped at $1.30. With XRP still below major resistance, charts point to a potential further correction toward $0.815.