Key Takeaways
- Shiba Inu is showing early signs of a rebound, supported by strong accumulation and steady volume.
- XRP’s downtrend may be offset by ETF-driven institutional interest, potentially accelerating price recovery.
- Bitcoin’s open interest wipeout has stabilized the market, creating a stronger base for a potential rally.
Crypto Market Prediction: Is Shiba Inu (SHIB) Leading the Next Bull Run?
The crypto market is navigating a delicate stabilization phase that could set the stage for a recovery rally. While optimism surrounds Shiba Inu (SHIB) and XRP, caution remains key as structural trends are still forming. Bitcoin’s recent open interest wipeout further adds a layer of complexity to the market outlook.
Shiba Inu Shows Early Recovery Signs
Shiba Inu has reversed recent losses faster than anticipated, bouncing sharply from the $0.0000090 floor. This rapid recovery indicates that buyers are absorbing market pressure while sellers are losing momentum. Despite trading below the 50-, 100-, and 200-day moving averages, SHIB’s resilience at the bottom of its range signals the potential for a trend reversal.
Also Read: Shiba Inu Burn Rate Drops to Zero: What This Means for SHIB Price and Crypto Market Stability
Volume remains steady rather than panic-driven, and minimal exchange inflows suggest long-term holders are accumulating rather than selling. Analysts highlight that if SHIB maintains its sub-$0.0000095 support and continues building momentum, a move toward the $0.0000105–$0.0000110 cluster could mark the early stages of a bull market.
XRP ETF Buzz Could Override Technical Downtrend
XRP has faced a months-long downtrend, characterized by lower highs and lower lows. However, the current ETF cycle is introducing significant external momentum. Regulatory filings from institutions like Franklin Templeton, Bitwise, 21Shares, CoinShares, and Grayscale are creating anticipation of large-scale institutional inflows.
Also Read: The XRP ETF Surge: Will Institutions Finally Move the Price?
This anticipation is softening resistance around key moving averages, with buyers stepping in aggressively near the $2.30 support zone. While a breakout is not guaranteed, the ETF narrative provides a structural catalyst strong enough to challenge XRP’s bearish trend.
Bitcoin Stabilization and Open Interest Dynamics
Bitcoin recently wiped out $1.63 billion in open interest, signaling widespread liquidation but not a market collapse. Price stability following this flush indicates a de-risking phase rather than panic. Buyers defended the $100,000–$102,000 range, establishing a higher low that strengthens the foundation for a potential recovery. Lower leverage and cleaner momentum are key to rebuilding bullish structure.
While the foundation for a crypto recovery is emerging, traders should watch key support and resistance levels closely. Shiba Inu and XRP could lead the next bullish cycle if momentum continues and market conditions remain favorable.