XRP staged one of the most dramatic rallies in recent months, just as traders were bracing for a prolonged decline. This move has the potential to completely change the perception of the asset.
After a severe crash last week that destroyed nearly 60% of XRP’s value in a single day, the token has rallied sharply from its lows, regaining important technical levels and surprising market observers who had previously dismissed it.
After a flash low below $2.00, XRP is currently trading at around $2.55. The strength of this rally raises the possibility that what appeared at first glance to be a complete abandonment was actually a liquidity surge, a violent upheaval that removed overly leveraged positions and gave the market time to recover.
XRPUSDT Chart by TradingView”>
Since it has acted as both a magnet and a barrier for XRP’s price action throughout 2025, the 200-day EMA is currently the site of the most important technical battle. A retest of the $2.90-$3.00 resistance zone, which is the upper trendline of its descending wedge formation, could be possible if XRP manages to break through and hold above the 200 EMA and confirm a medium-term bullish reversal.
After several stages of compression, these structures usually resolve with a breakout, and XRP’s sharp rise in volume suggests that momentum could be building. However, there is potential for a rally, but the RSI warns of continued volatility as it recovers from oversold territory while remaining below neutral.
In order to verify that this move is real and not just a short position covering bounce, there must be consistent volume and daily closes above $2. Right now, market sentiment has shifted from one of despair to one of curiosity. If this trend continues, XRP’s rally could prove to be one of the most remarkable and surprising in its history.
Bitcoin under control
Bitcoin once again demonstrated its control over the cryptocurrency market by easily breaching the $115,000 resistance level, which once served as a psychological ceiling for traders. This action demonstrates Bitcoin’s ability to bounce back from turbulence and maintain upward pressure, despite cautious sentiment in the broader market.
After recovering from its 200-day moving average near $108,000, Bitcoin has shown incredible strength and is currently trading between $114,300 and $115,500. The current rebound highlights the importance of the zone in Bitcoin’s continued bullish structure, as it has historically been a strong support zone during mid-term corrections.
The next major hurdle, however, is only a few thousand dollars higher, at around $116,000, where strong liquidity clusters and short-term sell orders are starting to accumulate, although there has been a clear breakout above that level. Experts warn that this area could serve as a reversal zone, prompting short-term profit-taking before Bitcoin begins to rise more broadly again.
The market structure, however, remains firmly bullish. The RSI still sits just below overbought levels, suggesting there is still room for Bitcoin to grow before exhaustion sets in, while the 50-day EMA curves upwards again, indicating fresh momentum.
The $120,000-$122,000 range, a historically important area that has already triggered aggressive corrections, would be the next logical target if Bitcoin is able to maintain its momentum and absorb liquidity above $116,000. Bitcoin could see another surge towards its all-time highs if a confirmed close above this level occurs.
Simply put, Bitcoin’s most recent move is a reminder of its tenacity: while most assets struggle to gain traction, BTC continues to break through resistance levels with ease. The $116,000 liquidity wall could be the start of Bitcoin’s next significant breakout, or just a temporary pause.
Shiba Inu zero addition canceled
Shiba Inu was set to add a new zero to its price following a violent sell-off that shook the entire cryptocurrency market. This would be a symbolic threshold but psychologically damaging for individual and institutional holders.
However, for now, SHIB appears to have escaped the fatal slide despite the extreme pressure and cascading liquidations on the stock exchanges. Shiba Inu is now trading at around $0.0000109, having recovered significantly from the intraday low that almost fell below the crucial $0.0000100 threshold. This level is a deep support zone created during the 2023 accumulation phase, in addition to being a technical line in the sand.
Buying activity has historically increased in response to SHIB testing in this area, resulting in brief relief rebounds. The asset quickly recovered the ground lost during the crash, although it briefly fell into zero territory. This was made possible by traders looking for a bounce and short covering.
More importantly, the volume profile indicates that the majority of participants were reluctant to sell below this range, suggesting deep underlying interest and a brief exhaustion of bearish momentum. The asset continues to trade below all major moving averages, including the 200-day and 100-day EMAs, indicating that macro resistance is still present.
To test its current stabilization, SHIB could retest lower levels if momentum decreases around $0.0000120 to $0.0000130. However, SHIB may stay the course as sentiment gradually returns to normal and the overall market shows signs of recovery.
Even after one of the market’s most severe flash crashes, the refusal to add another zero shows resilience and indicates that the speculative energy of the community is still alive and well. In summary, Shiba Inu does not add zero yet, which is a win in this market.
