XRP, SHIB, and Bitcoin Price Crash: Critical Levels to Watch

XRP's Sharp Decline and Critical Support Levels

XRP's price has plummeted by 43%, erasing weeks of gains, with a 30% drop in the latest daily candle. This extreme volatility has triggered panic selling, raising questions about whether whales will buy the dip or if this signals a deeper crash.

XRP has fallen from $3.40 to $2.00, losing key support levels. The recent candle breached the 50 EMA, shifting momentum to bearish territory. If the 100 EMA at $2.15 fails to hold, XRP may test the 200 EMA at $1.60.

A strong bounce from $2.15 could spark a relief rally, pushing prices back toward $2.60 or $2.85. However, if support breaks, losses could accelerate, potentially dropping XRP to $1.16 or lower. Whale activity between $2.00 and $2.15 may indicate a bottom, but without significant buy pressure, XRP could continue its decline.

SHIB's Imminent Breakdown and Psychological Thresholds

SHIB is on the brink of a critical breakdown, with its price nearing $0.00001429. A drop below $0.00001 could add another zero to its price, causing a market panic. SHIB has lost over half its value in recent weeks, with the breakdown accelerating after losing key EMAs.

If SHIB falls below $0.00001, it could plummet to $0.000008, a level not seen since mid-2023. This would erase most of its recent bullish momentum, making recovery increasingly difficult. A potential relief bounce toward $0.000017 is possible if buyers intervene near $0.00001, but weak demand could limit any recovery.

Bitcoin's Resilience Amid Market Turmoil

Bitcoin has shown remarkable strength, maintaining prices above $95,000 despite widespread market liquidations. While altcoins suffered double-digit losses, Bitcoin's price action suggests strong demand from institutional investors and whales around the $92,000 to $95,000 range.

If Bitcoin holds above $92,000, it may retest $100,000 in the near term. However, a drop below $92,000 could push it toward $83,000, where the 200 EMA currently sits. A further decline below this level might signal a deeper correction, potentially dropping Bitcoin to $75,000.

Despite the sell-off, Bitcoin's relative strength suggests its long-term uptrend remains intact, solidifying its position as the safest bet in turbulent times.