XRP, Shiba Inu (SHIB), and Ethereum (ETH) are showing strong bullish signals that may indicate the start of a broader crypto market rally. As accumulation trends strengthen and technical patterns align, traders are beginning to position for a potential breakout that could shift momentum in favor of the bulls across these major assets.
XRP has led the charge with a significant 10% rally since the beginning of July. This move has lifted the token into a key technical zone, which analysts say could be the launchpad for a more sustained bull run. The XRP/USDT chart reveals a clear ascending channel, with the asset now trading above crucial moving averages — particularly the 26-day and 50-day exponential moving averages (EMAs).
The rally has not only lifted price levels but also energized market sentiment. On-chain data shows a notable uptick in new user addresses, a strong indicator of rising liquidity and growing network activity. Historically, such increases often precede more sustained market moves, especially when accompanied by increasing volume.
XRP’s Relative Strength Index (RSI) currently sits in the mid-60s, well below the overbought threshold, suggesting that the token still has room to run. Volume data confirms that real buying is taking place, rather than short bursts of activity driven by large traders or automated trading. If XRP can confidently push through resistance in the $2.40 to $2.50 zone, analysts believe a move toward the psychologically important $3 level could soon follow.
While XRP builds its bullish case, Shiba Inu (SHIB) is showing signs of revival after months of subdued performance. SHIB has recently broken above its 26-day EMA, a level that has historically signaled the return of bullish interest in the token. This clear technical reclaim has renewed optimism among SHIB traders who have been waiting for a definitive shift in momentum.
Currently, SHIB is testing a key zone between $0.0000125 and $0.000013, which has served both as support and resistance in the past. A strong daily close above this range could open the door for higher targets, including the much-watched $0.00002 level. The RSI around 53 indicates growing strength without signaling overheated conditions, while increasing volume points to rising interest and potentially more aggressive accumulation.
However, the path forward won’t be without challenges. The token will need to overcome the 50 EMA and a cluster of resistance near the $0.0000145 mark, where both the 100 EMA and historical sell zones converge. Traders should watch this area closely as it could determine whether SHIB’s recent rally evolves into a full-scale breakout.
Meanwhile, Ethereum (ETH) is preparing for what could be its next big leg up, with all eyes on the $3,000 level. ETH has been steadily reclaiming its key moving averages — the 50-day, 100-day, and 200-day — signaling that the asset is building a solid technical base. It is now trading near $2,670, and the overall price structure is showing higher lows, a common precursor to bullish continuation.
While trading volumes have slightly declined since early June, this drop is being interpreted not as weakness but as a possible sign of waning seller interest. This kind of volume behavior during consolidation can often suggest that the market is in accumulation mode — laying the groundwork for the next major move higher.
Supporting this thesis is on-chain data from Binance showing a substantial outflow of Ethereum from the exchange. Between June 1 and July 1, over 285,000 ETH — roughly 5.34% of the exchange’s Ethereum holdings — were withdrawn. This trend indicates that investors are transferring ETH to long-term storage wallets, reducing the circulating supply and increasing the likelihood of supply-driven price appreciation.
ETH’s RSI is currently around 60, a level that supports bullish continuation without raising immediate concerns of overbought conditions. This gives Ethereum room to rise without hitting the kind of overheated metrics that often precede pullbacks.
Analysts say a break above the $2,700 resistance level would likely confirm the next wave of upward movement. With Bitcoin holding steady and broader sentiment turning cautiously optimistic, Ethereum could soon make a strong attempt at reclaiming the $3,000 level — a move that would mark a major milestone in its 2025 recovery.
In summary, the broader crypto market appears to be in the early stages of a potential breakout. XRP is moving decisively above technical barriers, SHIB is showing early signs of a trend reversal, and Ethereum is strengthening its structure for a potential surge. While risks remain, particularly around overhead resistance zones and broader macroeconomic developments, the current setup offers some of the most compelling signals the market has seen in months. If accumulation continues and key resistance levels are cleared, the crypto market may soon enter a new phase of bullish expansion.
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