Is XRP Price Ready for $3? Ethereum (ETH) Seeing $2,000 Test
Strong technical indications suggest that a major breakout may be imminent for XRP, which has the potential to rise towards the $3 level. At the moment, the asset is trading at $2.10, and several significant indications are favouring bulls. Most importantly, XRP is well above its 50-day Exponential Moving Average, a critical support that often serves as a launching pad in bullish markets.
This suggests that there is underlying strength to the present trend and positions XRP for future upward movement, especially if it can get beyond its current resistance. That barrier is defined by a declining trendline that has stopped XRP’s gains since its early-year highs. This trendline, which is currently at roughly $2.60, has been declining slowly, though.
With each daily candle, XRP is getting closer to testing this level, and a confirmed breakout might trigger a wave of purchasing activity. If XRP were to decisively break above $2.60, the next obvious goal, $3.00, is a psychological and historical resistance zone that will be a big milestone for the asset.
This formation is among the more intriguing technical structures that XRP has seen in recent months. There is still a lot of room for growth until the asset enters overbought area, as indicated by the Relative Strength Index of 52.7. This supports the idea that if volume steps in to support the price action, XRP may have a notable surge.
Ethereum has returned to its $2,000 price.
Once more, Ethereum is at a crossroads, and the $2,000 mark is emerging as the primary point of conflict between bulls and bears. ETH has recovered above $2,000 after weeks of drops and a wider market correction. Its future price movement could be impacted by this retest.
Ethereum is currently trading at around $2,070, remaining over the psychologically and technically critical $2,000 mark. This level has historically been a reliable support and resistance zone during notable market swings. When it is recovered and maintained, the storyline changes from cautious optimism to bearish uncertainty.
Over the past several days, Ethereum has seen steady but incremental purchasing pressure thanks to a little uptick in volume and a smoothing out of the sharp loss that dominated much of February and early March. Ethereum’s persistence over $2,000 suggests growing strength beneath the surface, even though it hasn’t yet overtaken its primary moving averages, particularly the 100 and 200-day MAs. The Relative Strength Index (RSI), which is presently trading at 47, is also showing indications of recovery, indicating that Ethereum is not in oversold territory but still has plenty of space until overheated conditions materialise.
If the momentum picks up, this gives ETH technical room to move even higher. It remains concerning because there have been no significant volume increases. Even while ETH has recovered, the relatively low trading volume suggests that this rise has not yet spurred full market involvement. However, if ETH continues to consolidate over $2,000, it may draw in new investors, especially if market or macro sentiment shifts in its favour.
The Shiba Inu pushed up.
Data suggests that whales are the cause of the recent, unexpected spike of Shiba Inus. On-chain data shows that on March 26, 2025, whale wallets experienced a huge inflow of 1.5 trillion SHIB, coinciding with a 10% daily price spike. This breakout is one of SHIB’s most dramatic events in recent months and has sparked a fresh surge of speculative interest in the meme coin.
The short-term resistance and declining trendline that have held back price activity since early 2025 have been successfully surpassed by SHIB. The Relative Strength Index (RSI) is showing new bullish momentum at 64, which is slightly below overbought territory. It is important to keep in mind that trade volume has not increased much, indicating that the move may not yet have widespread market involvement, even though the breakout appears to be strong.
The real reason? Low liquidity conditions and whale inflows are the main causes of the price increase, according to on-chain measurements. On the cryptocurrency market, even a small positive inflow might cause a lot of price movement because order books are narrow. Despite being a significant amount, one trillion SHIB is still a lot less than the inflows that occur during fully matured bull markets.
The key takeaway from this is that a powerful breakout does not necessarily indicate a long-term rally. The market just lacks the volume and buying demand to sustain a consistent rising trend until institutional interest or retail involvement increases significantly. However, SHIB has broken out of a bearish trend and reclaimed important support zones.
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