Storm Clouds Gather over the Cryptocurrency Market: Will XRP, Shiba Inu, and Bitcoin Bounce Back or Dive Deeper?

A storm of uncertainty hangs over the cryptocurrency market, with XRP, Shiba Inu, and Bitcoin each teetering on the edge of key price points that could dictate their immediate futures.

A storm of uncertainty hangs over the cryptocurrency market, with XRP, Shiba Inu, and Bitcoin each teetering on the edge of key price points that could dictate their immediate futures.

Shiba Inu: Back to August and September 2025 Levels

Shiba Inu is now approaching price levels last seen during August and September 2025, rendering this a critical juncture for SHIB. This horizontal plane serves as a known support zone, having previously stalled a steeper decline in early August.

However, the presence of all three major moving averages sloping downwards bodes ill for any immediate reversal potential without a broader change in market-wide sentiment.

If this support is lost, an opening to new all-time lows might present itself. Conversely, a revival of buying interest from here could propel SHIB towards a retest of the previously identified resistance zones at $0.000014, where sellers had been encountered in prior instances.

Bitcoin: Hanging Tough at a Resistance Zone

Bitcoin is currently hanging tough at a resistance zone around the $81,000-$80,000 band, with the 50-day moving average abandoning it on Friday, signaling a step back from the recent bullish push.

Those in the industry are preparing for a retest of the $78,000 mark, with the next critical support emerging at $75,000. At this zone, there’s a significant build-up of open interest, setting the stage for potentially dramatic market shifts or even large-scale liquidations.

Crucially, the Relative Strength Index (RSI) is still in oversold territory, and trading volume has been low throughout the recent moves. These factors suggest that Bitcoin is still facing bearish pressure and a critical juncture.

Ultimately, will buyers manage to propel Bitcoin past $90,000 to nullify the bearish narrative, or will we see further unwinding of the recent gains? Traders are also keeping an eye on a potential rebound from the $75,000, which might temporarily alleviate some of the selling pressure, while a touch at the $70,000 level might beckon renewed buying zeal.