11h ago
Crypto Market Review: Bitcoin Faces Downside Risk as XRP Loses $1.30 Trendline and Shiba Inu Shows Hidden Bullish Divergence
Bitcoin is trading in a weaker technical position after losing key support zones and major moving averages, increasing the risk of further selling. Shiba Inu remains in a bearish trend but is displaying a hidden bullish divergence on momentum indicators, while XRP has broken its rising trendline around the $1.30 area, undermining the earlier recovery structure. Overall market conditions suggest fragile sentiment, thin liquidity near support and elevated volatility potential.