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Is The Bitcoin Bull Market Over? Pundit Warns Investors Of 30-Day Window To Take Profit

by admin September 10, 2025

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The Bitcoin price hit a new all-time high in July, but has since slowed down. While the Ethereum price had also hit a new all-time high back in August, the broader altcoin market remains weak, leading to speculations that there will not be an altcoin season. With no expectations of an altcoin season happening soon, some have started calling for the cycle top, meaning that a bear market could be on the horizon.

Bitcoin Halving Trend Says Bull Market Is Over

Crypto investor and trader Philakone took to the X (formerly Twitter) platform to update his over 170,000 followers on what part of the cycle the market is in. To do this, Philakone looks back on the past two bull cycles, using the duration of each one from the Bitcoin halving to predict when the current cycle will end.

The Bitcoin halving has always been a way to predict when bull and bear markets could begin, and in the last few cycles, it has been quite accurate, and the trend has remained similar. One of the major things is how many days after the Bitcoin halving was completed it took for the Bitcoin price and the crypto market to reach the top.

As the crypto trader explains, back in 2017, after the 2016 Bitcoin halving, it took a total of 545 days for the bull market to be completed. Similarly, after the 2020 Bitcoin halving, it took another 525 days for the bull market to be over. This shows a tight timeframe for each one.

Currently, the crypto market has already been in 506 days of bull market at the time of the post, with the Bitcoin price already hitting multiple new all-time highs. As a result, the crypto analyst believes that it is time to take profit as there are fewer than 30 days left for this bull market. He also believes that the bull market is now “100% over”.

4-Year Cycle Theory Getting Tossed Out

The Bitcoin 4-Year Cycle Theory has historically been one of the most accurate measures for when the bull market begins and ends. However, this current cycle has deviated heavily from the 4-year cycle, and this has been attributed to the change in macro headwinds. The advent of things like Spot Bitcoin ETFs had triggered ‘premature’ liquidity into the market, pushing the BTC price to early highs and leaving the altcoin market behind.

However, others such antiprosynthesis.eth believe that the 4-year cycle never existed in the first place. Instead, it was just the macro liquidity aligning every four years. Then the bear markets were being brought on by macro liquidity turning negative, and the turn in the tide the market is seeing now is due to macro liquidity turning positive instead.

BTC price suffers from selling pressure | Source: BTCUSD on TradingView.com

Featured image from Dall.E, chart from TradingView.com

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September 10, 2025 0 comments

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SushiSwap (SUSHI) price invalidates bearish setup, 45% upside in play

by admin September 10, 2025

SushiSwap price has broken out of a descending triangle pattern that had kept it in a downtrend since mid-July.

Summary

SUSHI price has been on a downtrend since July.
The token has invalidated a multi-month descending triangle pattern.

According to data from crypto.news, Sushi (SUSHI) was trading at $0.79 up 2% in the past 24 hours and 6.3% in the past 7 days. Its market cap stood at $153 million as of press time.

Despite its weekly gains, the token remains 62% below its July high, since when bears have brought the token down to $0.70 multiple times.

A few catalysts have emerged that could support further upside for SUSHI.

First, SushiSwap has recently gone live on HyperEVM. This enables swapping HyperEVM assets via its aggregator interface, marking a deeper integration with the Hyperliquid ecosystem.

Such a move positions SUSHI at the center of a growing multi-chain liquidity network and expands its use case across more than 40 supported chains.

Another factor that could support its potential is the strong earnings recorded in Q3 of this year. Notably, earnings currently stand at $2.77 million, significantly higher than the approximately $200,000 reported in the previous quarter. A sharp increase in earnings indicates that DeFi protocols built on SushiSwap are being used more actively and that revenue efficiency has improved, a factor that could boost investor sentiment toward the token and, in turn, drive further interest.

On the daily chart, SUSHI price had formed a multi-month descending triangle pattern, a technical setup typically formed by a series of lower highs converging toward a horizontal support level, indicating sustained bearish pressure.

SUSHI price has broken out of a descending triangle pattern on the daily chart — Sep. 10 | Source: crypto.news

It has invalidated the pattern today, a sign that bears are losing control and marking a bullish reversal in technical analysis. This shift in trend is further supported by a golden cross that remains in play, after the 50-day simple moving average crossed above the 200-day SMA. The last time such a crossover occurred, SUSHI rallied by as much as 120%.

Based on these bullish technicals, the path of least resistance points to a target of $1.16, a level calculated by measuring the height of the descending triangle and projecting it upward from the breakout point. This target remains nearly 47% above the current price as of press time.

However, the setup would be invalidated if SUSHI loses the $0.75 psychological support, which would open the path to further losses down to $0.70, the level marked by its 200-day moving average.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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September 10, 2025 0 comments

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Metaplanet Sets $1.45B Share Sale to Fund Bitcoin Purchases, Treasury Shift

by admin September 10, 2025

In brief

Metaplanet has finalized a $1.45 billion international share sale on Sept. 10.
Most of the proceeds are allocated to Bitcoin purchases and income-generation operations.
The company now holds 20,136 BTC worth $2.25 billion, making it the sixth-largest public corporate holder globally.

Metaplanet is betting bigger on Bitcoin.

The Tokyo-listed firm has locked in a $1.45 billion share sale on Tuesday, marking one of Japan’s largest corporate treasury shifts to date.

Formally priced at ¥553 per share ($3.73), the international share offering will issue 385 million shares, raising a total of ¥212.9 billion ($1.45 billion).

Net proceeds of ¥204.1 billion ($1.39 billion) are allocated almost entirely to Bitcoin, with ¥183.7 billion ($1.25 billion) set for purchases and ¥20.4 billion ($139 million) for income-generation operations, according to a notice determining the issue price.

In the same notice, the company reiterated its rationale for buying Bitcoin, pointing to “elevated levels of national debt, prolonged real negative interest rates, and an ongoing depreciation of the yen” as primary factors that motivated it to begin stacking the alpha crypto in April last year.

The share sale follows a September 1 shareholder vote in Tokyo that approved an overseas issuance of up to 550 million new shares, alongside preferred stock, after Metaplanet’s share price had dropped 54% since mid-June.

The latest filing finalizes the terms of that plan, shifting it from shareholder authorization to formal execution, thereby closing a turbulent summer of financing pressures and a collapsing share price.

Metaplanet currently holds 20,136 BTC valued at about $2.25 billion, following its latest purchase of 136 Bitcoin disclosed earlier this week.

Its holdings position it as the sixth-largest public corporate holder of Bitcoin worldwide, ranking behind Strategy, Marathon, and Twenty One, but ahead of Tesla, Coinbase, and the Trump Media & Technology Group.

While still behind others, Metaplanet’s move emerges as a “signal from Japan that corporate Bitcoin adoption is spreading globally, not just in the U.S.,” Dan Dadybayo, research and strategy lead at Unstoppable Wallet, told Decrypt.

Corporate Bitcoin treasuries are “shifting from experiment to mainstream balance-sheet strategy,” Dadybayo said, adding that with “new accounting rules and ETF normalization,” he expects public companies to hold “over 1 million BTC by year-end.”

Further on by 2027, Dadybayo said more firms “could follow treating Bitcoin as digital gold.”

“All of this is unfolding against the backdrop of BlackRock’s iShares Bitcoin Trust (IBIT), which has become the company’s most profitable ETF, generating more fee revenue than even its S&P 500 flagship (IVV),” he noted, sharing that IBIT is also the “fastest-growing ETF in history,” after hitting over $80 billion in assets under management, in just over a year of inflows tracking over $52 billion.

With terms now set for execution, the scale of Metaplanet’s raise cements its place in the global conversation on Bitcoin.

“From pension funds to hedge funds, the direction of travel is clear: a deeper integration of Bitcoin into traditional finance,” Dadybayo said.

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September 10, 2025 0 comments

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Coinbase Enlarges Its AI Agent-Focused Crypto Micropayments Ecosystem

by admin September 10, 2025

U.S.-listed cryptocurrency exchange Coinbase (COIN) is creating a new ecosystem that combines stablecoin-based micropayments with AI.

Building on the release earlier this year of x402, an open source payment protocol that enables instant stablecoin payments on any website, Coinbase engineers have added a discovery layer for AI agents, something like a “Google for agents,” that the firm is calling x402 Bazaar.

This matters because it’s about unlocking new paradigms within agentic commerce, a term often associated with humans setting out requirements and preferences for AI agents to shop for them.

In fact, the marketplace of things AI agents are going to want to buy is actually significantly bigger than the things that humans may want to buy, says Erik Reppel, head of engineering at Coinbase Developer Platform. He used the term “pay-per-crawl” to describe the problem being solved.

“Think of it as like paywalls for scrapers,” Reppel said in an interview. “ So x402 is a great standard for situations where an AI agent needs access to data or access to content in order to make more informed, better decisions.”

Imagine an agent pulling the latest market data, commissioning a design from an AI art model, or subscribing to a live data feed for sports or finance, Coinbase said in a blog about x402 Bizarre.

Some of the first projects listed include Prixe, a stock price API allowing agents to create up-to-date financial reports, and various image and video generation endpoints.

As more services are added, the possibilities for autonomous workflows will only expand, Reppel said.

“Really any digital goods or any digital piece of media can be paid for with X 402,” he said.

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September 10, 2025 0 comments

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Litecoin Price Reacts as Open Interest Returns to New High

by admin September 10, 2025

Litecoin (LTC) has, in the last 30 days, shed 6.113% of its value as the coin continues to experience volatility. However, the asset is showing the potential to register a bullish rally as the open interest has, in the last 24 hours, jumped to a new weekly high.

Rising open interest signals investor confidence in Litecoin

According to CoinGlass data, 8.44 million LTC valued at about $958.02 million were committed to the asset’s futures market by investors. For context, open interest refers to the sum of unsettled active futures contracts that investors have committed to Litecoin.

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The bullish spike signals that investors are anticipating continued upward movement for LTC. According to available data, the majority of these investors are on the Binance exchange, with 2.44 million LTC valued at $276.93 million. This represents 28.9% of the total open interest within this time frame.

Bitget and Bybit are next, with 15.87% and 14.78% of the total share, respectively. In asset terms, Bitget investors committed 1.34 million LTC valued at $152.05 million, while Bybit registered 1.25 million LTC worth $141.65 million.

The uptick in open interest coincides with increased optimism of a possible approval of the pending exchange-traded fund (ETF) approval by the Securities and Exchange Commission (SEC). Notably, there is anticipation that the U.S. SEC will decide on applications, with Nate Geraci placing approval probability at 95%.

Litecoin price action and future outlook

The uptick in open interest and other bullish developments have triggered a slight increase in price. As of press time, the Litecoin price was changing hands at $113.00, a 0.26% increase in the last 24 hours. The coin previously traded at a peak of $114.63 before the correction.

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Investors are also actively engaging with the coin as trading volume climbed by 2.31% to $636.73 million.

There was anticipation in some quarters when Litecoin traded at $129 that it could record a 100% increase, as it mirrors Ethereum’s trend. Ali Martinez, the renowned analyst, has predicted a possible rise to $220. Whether it can climb that high only time will reveal.

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September 10, 2025 0 comments

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CoinShares Sets Sights on Wall Street: Will the $1.2B Nasdaq Debut Redefine Crypto

by admin September 10, 2025

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CoinShares, Europe’s largest digital asset manager with approximately $10 billion in assets under management, has announced plans to go public in the United States through a $1.2 billion merger with Vine Hill Capital, a Nasdaq-listed special purpose acquisition company (SPAC).

The transaction would see CoinShares shift from Stockholm to Wall Street, signaling a major step in its bid for global dominance.

Ranked as the fourth-largest digital asset exchange-traded product (ETP) manager globally, behind BlackRock, Grayscale, and Fidelity, CoinShares currently holds a commanding 34% market share in Europe.

Over the past two years, its assets under management have tripled, fueled by strong inflows and the rapid expansion of its product lineup, which has grown from just four offerings in 2021 to 32 across multiple platforms.

BTC’s price trends to the upside on the daily chart. Source: BTCUSD on Tradingview

A Unique Approach Into the U.S. Market

CEO Jean-Marie Mognetti described the move as “far more than a venue change,” framing the Nasdaq listing as a gateway to global leadership. He highlighted the U.S. as the hub of digital asset innovation, where institutional demand and improving regulatory clarity are creating fertile ground for expansion.

CoinShares operates with industry-leading margins, 76% adjusted EBITDA in the first half of 2025, and has built a diversified business model based on recurring fee revenues supplemented by trading activities.

With its proven European strategy, the company now seeks to capture U.S. investors by introducing a broader suite of digital asset products, including tokenized real-world assets.

What the CoinShares Nasdaq Debut Means for Crypto

The $1.2 billion deal, priced at a discount compared to peer valuations, includes a $50 million institutional anchor investment.

Both company boards have approved the merger, which is expected to close in the fourth quarter of 2025, pending shareholder and regulatory approval. Upon completion, the combined entity will trade under Odysseus Holdings Limited.

The timing of CoinShares’ U.S. expansion coincides with a wave of favorable regulatory developments, including the rollback of restrictive SEC policies and the drafting of new legislation aimed at fostering a clearer market structure for crypto.

If successful, CoinShares’ Nasdaq debut could not only strengthen its foothold in the world’s largest asset management market but also set a precedent for how European crypto firms scale globally.

Cover image from ChatGPT, BTCUSD chart from Tradingview

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September 10, 2025 0 comments

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Trump’s crypto footprint shapes Democrats’ blueprint for new rules

by admin September 10, 2025

Donald Trump’s transformation into a crypto advocate has left an indelible mark on the regulatory landscape. The Democratic framework positions itself as both a roadmap for market clarity and a rebuke of what Democrats call unprecedented corruption linked to the President’s family ventures in digital assets.

Summary

Senate Democrats unveiled a seven-pillar crypto framework granting the CFTC oversight of digital commodity spot markets and mandating issuer transparency.
The plan introduces strict ethics rules aimed at preventing elected officials from profiting from crypto, citing Trump’s family ventures as a case study.
Positioned as a counterweight to the GOP’s Clarity Act, the proposal sets up high-stakes negotiations over the future of the $4T U.S. crypto market.

On September 9, a coalition of 12 Senate Democrats, including figures like Ruben Gallego and Kirsten Gillibrand, unveiled a comprehensive seven-pillar framework for digital asset market structure.

The document directly attributes the urgent need for its stringent ethics provisions to President Trump, alleging he has “turned to digital asset projects to enrich himself and his family, abusing his office for corruption with no modern precedent.”

Notably, the framework represents the most detailed Democratic counterweight to the Republican-led Clarity Act, formally entering the party into high-stakes negotiations that will determine the future of the $4 trillion crypto market in the U.S.

Principles that define the Democrats’ crypto framework

The Democratic crypto framework aims to dismantle the legal ambiguities that have left investors unprotected and innovators navigating a compliance minefield. At the forefront is a shift in oversight, proposing to grant the Commodity Futures Trading Commission exclusive jurisdiction over the spot market for digital commodities, a power it has historically lacked.

This would finally bring assets like Bitcoin (BTC) under a formal regulatory regime, applying anti-manipulation and financial integrity rules to a market currently operating with minimal federal oversight.

For issuers and platforms, the framework demands a new era of transparency. It calls for appropriate, timely, and accurate disclosures by digital asset issuers in plain language, moving beyond traditional SEC filings to include a token’s underlying technology, the developer’s use of proceeds, and insider transactions.

Simultaneously, it mandates that all digital asset platforms serving U.S. users register with FinCEN as financial institutions, squarely bringing them under the umbrella of the Bank Secrecy Act and stringent anti-money laundering obligations.

The framework also takes direct aim at the DeFi sector, directing regulators to develop an appropriate and effective oversight framework for protocols often used to skirt illicit finance controls.

“It is time to strengthen digital asset markets for investors and businesses through clear, consistent, and fair rules of the road. Legislation is the best way to protect consumers and investors while providing digital asset firms a pathway to grow,” the Senators wrote.

A framework forged in political fire

Notably, the framework proposes preventing corruption and abuse by explicitly limiting elected officials and their families from issuing, endorsing, or profiting from digital assets while in office.

The provision is inextricably linked to the political moment. According to a Bloomberg analysis, the Trump family’s collective wealth grew by an estimated $1.3 billion this week alone following the trading debut of mining company American Bitcoin (ABTC) and gains from a DeFi protocol linked to the family.

This windfall, which catapulted their estimated net worth to over $7.7 billion, provides financial context to the Democrats’ allegations of unprecedented self-dealing.

The competing Clarity Act, favored by Republicans, focuses on regulatory clarity and pathways to compliance but lacks comparable stringent ethics provisions, setting the stage for a fierce negotiation over this point.

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September 10, 2025 0 comments

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QMMM Stock Skyrockets Nearly 1,750% on Bitcoin, Ethereum, Solana Treasury Plan

by admin September 10, 2025

In brief

Shares in digital advertising firm QMMM Holdings jumped nearly 1,750% after announcing a digital assets treasury plan.
The firm anticipates starting with $100 million fund focused on Bitcoin, Ethereum, and Solana.
It will also seek out investments with Web3 infrastructure projects and “high-quality cryptocurrency assets.”

Shares in digital advertising firm QMMM Holdings (QMMM) skyrocketed more than 2,300% at one point on Tuesday after the firm announced that it would create a $100 million digital assets treasury starting with Bitcoin, Ethereum, and Solana.

QMMM, which trades on the Nasdaq, closed the day changing hands at $207—a 1,736% increase since the day’s opening bell.

“The global adoption of digital assets and blockchain technology is accelerating at an unprecedented pace,” said company CEO Bun Kwai in a statement.

“QMMM’s entry into this space reflects our commitment to technological innovation and our vision to bridge the digital economy with real-world applications.”

According to QMMM’s announcement, the firm anticipates its treasury will initially start at $100 million—though there is no mention of how the firm will fund the effort. An SEC filing on the firm’s website from January indicates it only had $497,993 in cash and cash equivalents at the end of its last fiscal year on September 30, 2024. It registered a net loss of $1,580,198 over the same period.

Beyond the treasury, which the firm says will only serve as a foundation for its investment in Web3, it will also seek to invest in “high-quality cryptocurrency assets with long-term growth potential, Web3 ecosystem infrastructure projects, and global premium equity assets aligned with QMMM’s strategic vision.”

A representative for the firm did not immediately respond to Decrypt’s request for clarification on how these additional assets may be chosen nor how it would fund its treasury.

The Hong Kong-based firm also intends to expand its offerings to include blockchain-based and artificial intelligence-powered platforms to help investors make better decisions, manage DAO treasuries, improve metaverse experiences, and more.

“Our cryptocurrency initiatives, combined with our expertise in AI and digital platforms, are designed to create sustainable value for our stakeholders while reinforcing our role as a forward-looking technology company,” said Kwai.

The stock has since retraced nearly 25% in after-hours trading to $156.31.

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September 10, 2025 0 comments

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Bitcoin’s Calm Masks Market Tension Ahead of Fed and CPI

by admin September 10, 2025

Good Morning, Asia. Here’s what’s making news in the markets:

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.

BTC is pinned near $111,000 with volatility compressed to multi-month lows, the kind of calm that tends to precede decisive moves. Traders know what could break the lull: September’s U.S. inflation data and the Fed’s rate decision a week later.

Prediction markets are leaning heavily toward easing. Polymarket bettors are assigning an 82% chance of a 25-basis-point cut on Sept. 17, leaving only slim odds for a deeper move or no change. Beyond that, October expectations are fractured, with nearly even probabilities for another cut or a pause. That divergence explains why volatility, though absent now, is unlikely to stay that way.

(Polymarket)

“Markets often look calm just before they move. Bitcoin is trading in one of its tightest ranges in months, and volatility across crypto has compressed to multi-month lows,” said Gracie Lin, OKX Singapore CEO. “With U.S. inflation data like Core CPI out on Sept. 11 and the Fed’s much-anticipated rate decision just ahead, this quiet period is setting the stage for the next decisive move. Whether the catalyst is an upside inflation surprise or a dovish signal from the Fed, what’s clear is that the absence of volatility is rarely permanent in digital assets; history shows the market will find its next direction soon enough.”

If a cut pulls money-market returns lower, the opportunity cost of sitting in cash rises, which is the pivot market maker Enflux says could send flows toward crypto.

“The real debate now is not if cuts come, but whether liquidity deployment shifts into BTC, ETH, and even riskier assets,” the firm told CoinDesk.

In other words, the Fed’s cut may grab headlines, but the real trade is whether sidelined cash rotates into digital assets — a shift that could fuel the return of volatility.

Market Movement

BTC: Bitcoin has dipped slightly intraday, trading between approximately $110,812 and $113,237, reflecting short-term volatility amid shifting investor sentiment and broader crypto market dynamics.

ETH: ETH is modestly up intraday, with a range between roughly $4,279 and $4,379, signaling steady demand and some renewed investor interest. Range, however, is limited with modest ETF flows and traders awaiting the Fed’s next move.

Gold: Gold is rallying to record highs, fueled by mounting expectations of U.S. Federal Reserve interest rate cuts, a weakening U.S. dollar, and renewed safe-haven demand.

Nikkei 225: Asia-Pacific stocks opened mostly higher Wednesday, with Japan’s Nikkei 225 up 0.2%, as investors awaited China’s August inflation data showing an expected 0.2% CPI drop and a smaller 2.9% PPI decline.

S&P 500: U.S. stocks closed at record highs Tuesday, with the S&P 500 up 0.27% to 6,512.61, as investors looked past a record payroll revision that cut 911,000 jobs from prior figures.

Elsewhere in Crypto

OpenSea Teases SEA Token With Final Phase of Rewards Amid App Launch (CoinDesk)
California Man Sentenced in $36.9M Crypto Scam Tied to Infamous Huione Group (CoinDesk)
Collector Crypt drives $150 million in randomized Pokémon card trades as CARDS token soars (The Block)

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September 10, 2025 0 comments

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Crypto Market Prediction: XRP: $3 Too Early, SHIB Bull Run to Start at $0.000013? Ethereum Dominance Back at $4,350

by admin September 10, 2025

The market dominance of Ethereum should not be forgotten as the market-wide recovery affects SHIB and XRP, which are rallying forward and might see a bullish rally continuation starting from Sept. 10. Despite our previous gloomy market review, the overall state of the industry is becoming healthier.

Don’t forget Ethereum

At a time when many altcoins are still having difficulties, Ethereum (ETH) has once again reminded the market of its dominance and resilience. The fact that ETH, the second-largest cryptocurrency by market capitalization, has recovered well from recent declines and is currently trading at about $4,372 shows that it still has the strength to influence overall market trends.

Following its ascent above the crucial $4,000 support zone, ETH steadied itself within a narrow range without ever displaying signs of weakness. By acting as a dependable floor and deterring bears, the 50-day EMA at $4,168 has offered a solid technical foundation for a recovery. Now that ETH is maintaining a strong hold above this level, traders are paying closer attention to a potential trend reversal that might push the token back toward the $4,600-$4,800 resistance zone.

ETH/USDT Chart by TradingView

Ethereum’s ability to hold its ground while Bitcoin consolidates is what makes this most recent move noteworthy. With ETH potentially leading the next bullish wave instead of just following BTC, this decoupling suggests a change in the market’s structure. This view is supported by the RSI, which is currently at 52, indicating that Ethereum has recovered from overbought conditions while still having a lot of room to rise.

Volume has stabilized, indicating steady participation without speculative blow-offs, despite not being as explosive as it was during the rally in July. This stability is crucial because Ethereum has the technical basis to stage another leg higher if inflows of new capital resume.

Ethereum’s recent performance is a reminder of its dominance on the cryptocurrency market. It is evident that the asset is far from depleted when it maintains above $4,000 and defends its moving averages. ETH may be the first significant altcoin to signal a significant market-wide reversal if the current momentum continues, reaffirming its position as the leader in price action and innovation in the digital asset space.

XRP takes its shot

XRP is pushing above $3.00 after recovering from the $2.77 support zone, indicating that it is once again showing signs of strength. This move appears promising at first glance, particularly given that the asset has tested and remained above important short-term moving averages.

However, given the state of the market, investors should exercise caution because what appears to be the beginning of a breakout could still be a dead cat bounce. From July highs around $3.80, the chart shows a distinct descending resistance line, which XRP is currently reapproaching. A stronger bullish case would be confirmed by breaking through, but history demonstrates that such levels frequently serve as a trap for eager buyers.

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A quick retracement and another rejection could result from failing to maintain momentum at this point. The 50-day EMA at $3.07 is a potential immediate resistance level that heightens the caution. It is probable that sellers will reenter the market if XRP does not close significantly above it. A break below the 200-day EMA at $2.53 would turn the structure bearish once more, with the 100-day EMA at $2.78 serving as crucial support.

Momentum indicators lend credence to this cautious perspective. The RSI is at 55, slowly rising but not yet displaying a strong sense of bullishness. The current rally may not have the depth required for a long-lasting trend reversal, as evidenced by the muted volume, in contrast to the explosive rallies earlier this summer.

Even though XRP’s rise above $3.00 is positive, it is still much too soon to rejoice. Before announcing a win, traders should prepare for the possibility of rejection and revocation. The current move runs the risk of being little more than a brief bounce unless XRP can break its descending trendline with significant volume.

Shiba Inu speeds up

Following its breakout from a consolidation pattern, Shiba Inu’s rally is evidently picking up speed. After soaring past the $0.00001287-$0.00001297 resistance cluster created by the short-term moving averages, the token is now trading close to $0.00001307. Bulls now feel more confident, and the technical setup of SHIB has received more attention as a result of this breakout. SHIB appears well-positioned for future gains at its current levels.

The next significant test is the 200-day EMA at $0.00001386; a strong breakout above it might push the rally further toward the $0.00001500-$0.00001600 region, which was last observed in mid-August. Momentum indicators lend credence to this optimistic outlook: the RSI has increased to 55, indicating increasing buying interest without yet displaying overbought conditions. Additionally, the volume has increased, confirming that this rally has real momentum.

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The longer-term structure has not changed much despite the short-term outlook appearing solid. SHIB is still trading well below the $0.00002000 levels, which marked the end of the summer rally, and the asset is still threatened by the larger downtrend that started following the 2021 highs. Though encouraging, the current breakout does not yet signify a significant change in Shiba Inu’s macro outlook.

The 200 EMA, which frequently serves as a major barrier, is another area where investors should be wary of possible volatility. If Shiba Inu does not make a strong push, there may be a retracement back toward the support level of $0.00001280. There is a strong technical setup for short-term traders to keep an eye on, and Shiba Inu’s bullish rally is accelerating at the current levels.

The current state of the market expresses some hope for bulls as multiple assets are showing signs of accumulation and might provide us with grounds for recovery sooner than anticipated. Risks of a bearish reversal are still there, though.

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September 10, 2025 0 comments