Shiba Inu Shows Recovery Signs as Ethereum Eyes Potential Breakout Above $4,000

Key Points

1. XRP is stabilizing between $3.10 and $3.20, with price above key moving averages and an RSI of 61, indicating potential bullish reversal.

2. Shiba Inu has recovered above the 100-day EMA, holding support at $0.0000134-$0.0000136, with an RSI of 53.63 suggesting cautious buyer interest.

3. Ethereum is consolidating near $3,800, supported by upward-trending moving averages and a high RSI of 79.46, indicating potential for a breakout above $4,000.

4. Technical indicators for XRP, Shiba Inu, and Ethereum suggest underlying bullish momentum, with volume trends supporting cautious optimism.

5. Ethereum's breakout above $4,000 is likely if volume increases, signaling sustained bullish momentum despite broader market fluctuations.