Bitcoin Holds at $76,670 as Hyperliquid Surges 23% Weekly
- Bitcoin Market Dynamics: Bitcoin traded at $76,670 on May 26, down 0.81% over 24 hours, with a market cap of $1.535 trillion; it failed to maintain its upward trend and now faces significant resistance at $81,000, with a potential liquidity risk if it slips below $70,000.
- XRP Trend Analysis: XRP is currently priced at $1.34, down 1.10% in 24 hours, facing repeated rejections near its 50-day moving average; a breakdown below the critical support at $1.30 could accelerate selling, although the upcoming CME 24/7 XRP futures launch may inject fresh liquidity.
- Shiba Inu Market Performance: Shiba Inu trades at $0.0000055, down 1.12% over 24 hours, with a market cap of $3.24 billion, facing resistance from moving averages between $0.0000060 and $0.0000063; a drop below $0.0000050 could trigger a more significant structural decline.
- Hyperliquid's Strong Performance: Hyperliquid hit an all-time high of $64.27 on May 24 and currently trades around $59.23, with a weekly gain of 23.44%, showcasing a stark contrast in risk concentration within the market, as capital flows into specific narratives despite overall cautious sentiment.
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Technical Analysis for SHIB
Technical Sentiment Analysis for Shiba Inu (SHIB). As of , Shiba Inu (SHIB) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 3 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SHIB stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, SHIB is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Shiba Inu (SHIB) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000505 | 0.00000527 | 0.00000547 | 0.00000569 | 0.00000589 | 0.00000611 | 0.00000631 |
| Fibonacci | 0.00000527 | 0.00000543 | 0.00000553 | 0.00000569 | 0.00000585 | 0.00000595 | 0.00000611 |
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