Ripple (XRP), Shiba Inu (SHIB), and Bitcoin (BTC) are once again in the market spotlight. XRP has broken through the psychological resistance level of $3, hinting at a strong reversal, and SHIB is also working to secure upward momentum on a short-term rebound. Meanwhile, Bitcoin is rebounding to around $112,300 (approximately 156.09 million won) and seeking to reclaim the $120,000 (approximately 166.80 million won) level. As all three cryptocurrencies have either broken through or are close to breaking key technical indicators, some analysts are paying attention to the possibility of a market recovery led by these assets.
XRP recently rebounded using the exponential moving average (EMA) as a support line after experiencing a correction from its recent high of around $3.70 (approximately 55.28 million won), and is now attempting a clear trend reversal. Notably, this rebound phase is drawing attention not just as a technical recovery, but is supported by increased capital inflow and expanded trading volume. Technical indicators such as the Relative Strength Index (RSI) have not yet entered the overbought zone, leaving room for further potential increases. The market's next expected target is $3.30 (approximately 46.14 million won), with the ultimate possibility of challenging $3.70 again.
Meanwhile, Shiba Inu (SHIB) is exploring its direction near the 50-day EMA around its major resistance level of $0.00001320 (approximately 0.018 won). Technically, an upward conversion signal is being detected, but low trading volume makes a strong breakthrough challenging. The RSI is showing a positive trend by rebounding from the oversold zone, though some point out that a clear supply-side transition is still needed. It appears that a breakthrough supported by trading volume above $0.00001264 (approximately 0.017 won) will be necessary to enter a full-scale rebound. The basic support line remains at around $0.00001160 (approximately 0.016 won).
Bitcoin has successfully rebounded from the 50-day EMA and is back on track. Currently preparing for additional increases based on the $112,300 (approximately 156.09 million won) level, its short-term goal is to reclaim the previous high of $120,000. The RSI has recovered the 50-line, regaining upward momentum without overheating. The ideal scenario is breaking $120,000 with accompanying volume increase, which could provide momentum for challenging the all-time high. However, as trading volume remains low, there are also voices cautioning against high volatility fluctuations.
If the technical structure and supply flow of XRP, SHIB, and BTC simultaneously work favorably, there is sufficient room to interpret this as a market-wide rebound signal beyond individual assets. The market is focusing on whether their momentum can be sustained and how much additional buying pressure will be injected. The next few days are expected to be a critical turning point in determining the continuation of recovery.
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