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Shiba Inu (SHIB) has reached a major milestone in its price movement, as recent market momentum pushes the popular meme token toward a critical resistance level that could determine its short-term fate. Following a 4% increase, SHIB is currently trading at approximately $0.0000140 and is moving closer to a formidable barrier that has historically prevented further upside. On-chain data from IntoTheBlock reveals a dense resistance zone between $0.000014 and $0.000017. This is where over 141,000 addresses currently hold more than 537 trillion SHIB tokens. This massive concentration is one of the largest clusters of out-of-the-money holders. These are investors who purchased SHIB at a higher price and currently wait for a return on investment. If Shiba Inu is unable to overcome this obstacle, selling pressure will rise as underwater holders take the opportunity to close out their positions at smaller losses. Despite this obstacle, SHIB technical analysis shows encouraging indications of gathering momentum. The token has just crossed the 50-day Exponential Moving Average (EMA) and the psychologically important $0.000013 level, which had been working as resistance. Also in favor of the bullish argument is the consistent rise in trading volume, which indicates that the current trend is not speculative-driven but reflects genuine buying interest. The Relative Strength Index (RSI) is currently at 66, which is near the overbought zone of 70 and indicates a bullish trend. But if it cannot break the $0.000014 resistance level, the token will fall back to the support level of $0.0000125 to $0.0000130. This is an area that has repeatedly served as a critical point between buyers and sellers in recent months. Related: Shiba Inu (SHIB) Eyes $0.0001: Key Factors Fueling Bullish Forecast While Shiba Inu’s market structure has been improving, the 537 trillion SHIB barrier is a substantial obstacle that cannot be easily overcome. Bulls will need major momentum to break through this resistance. This likely requires support from overall market strength or positive developments specific to the Shiba Inu ecosystem. Market participants should closely monitor trading volumes and whale activity as SHIB approaches this critical level. Increased institutional interest or large whale accumulation could provide the necessary momentum to overcome the resistance. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

If you are looking to short here at 95K area - then the blue box targets are posted in the chat and on the main posts Short invalidation is there also

CME Group’s move to launch XRP futures, set for May 19th pending final regulatory approval, could significantly boost institutional adoption in the crypto space. The exchange’s latest move, pending regulatory approval , introduces two contract sizes: a micro-futures option of 2,500 XRP and a standard 50,000 XRP futures contract. This dual-structure offers greater flexibility for institutions looking to hedge risk or gain direct XRP exposure. Adding XRP alongside its existing Bitcoin, Ether, and Solana futures not only diversifies CME’s crypto offerings but could pave the way for broader institutional legitimization of XRP. The launch signals growing confidence in XRP’s utility despite persistent regulatory headwinds surrounding the token. XRP traded lower on the day, closing near $2.19 after failing to sustain early gains. The asset began the day near $2.25 but quickly slipped into a declining pattern marked by lower highs and lower lows. This bearish momentum was briefly interrupted by a recovery rally, though it lacked the volume needed for a sustained reversal. Consequently, $2.25 now acts as significant overhead resistance, with sellers also active in the $2.22-$2.23 zone. On the downside, XRP found key support in the demand zone around $2.12. This level served as a critical bounce area, absorbing selling pressure during the pullback. Related: CME Leak Hints at XRP, Solana Futures Launch in February Intermediate support near $2.15 offered temporary stability before ultimately failing. This price action suggests XRP is range-bound, likely consolidating as traders await a catalyst – potentially the futures launch – to dictate the next directional move. Current technical indicators present a mixed, albeit cautiously optimistic, picture. The Relative Strength Index (RSI) sits at 54.03, above the neutral 50 midline, suggesting balanced conditions but hinting at potential underlying accumulation. Moreover, the MACD indicator is flashing early signs of a potential bullish crossover, with the histogram flipping positive. While this suggests bullish momentum may be building, confirmation is crucial. Related: Coinbase Moves to Offer XRP Futures Trading Through Self-Certification A significant concern, however, is the sharp 27.33% drop in 24-hour trading volume. This waning interest during consolidation raises questions about market conviction and the potential for near-term volatility. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

#HBAR, this one portrays very well what most of the GREAT Altcoins are doing right now. It recovered the crucial support in the green area of ​​the chart around $0.17 which now leaves us in a good position to attack the gray region higher up, around $0.25. Note that HEDERA was one of the very few altcoins that preserved good profits throughout this market decline that has lasted around 4 months. This green region on the chart is a support that should be maintained until next week and then we can say: WE ARE BACK. What impresses me about HBAR is not the fact that it is so strong while many others have been torn apart, what really impresses is the partnerships that it is constantly forming, mainly with the ongoing tests on SWIFT, the partnership with the US Government for the FEDNOW system and some that are still being concluded. Every week we have news about HBAR, it's impossible not to be optimistic about this one. For this reason, I don't care about where its price is now or even when it was lower, the success of HBAR is evident. I could mention things here that are already public, such as its ETF application that should have been approved this week, but unfortunately today the SEC asked until June 11th to give a response on this. Of course, it wasn't a bitter action because our dear Atkins arrived as SEC chairman 2 days ago, so if he needs a little more time, he can have a little more time, after all, he is one of the people we are sure will be in our favor, and he will certainly be involved in this future decision. Another point here is the acquisition of TIKTOK, we are still fighting for this purchase, and it seems to me that AMAZON has indeed left the game and if it has left the game, then HEDERA's chances have increased significantly. This purchase would put us on another level. Few Altcoins can and are making history like HBAR, the top is very limited in this cycle, know how to choose intelligently.

📉 Do you wanna know the single factor/metric that is not growing in $EVA, but is actually dropping significantly? Sell pressure! Literally everything else is pumping! Usage, growth, API partners (47 already), revenue, community, organic KOL supporters… EVERY SINGLE THING that helps portray a project’s growth! Sellers on the other hand, are drastically lowering! The 6M-10M area, as predicted, was a great place for early guys to be fully substituted with new fresh blood, and indeed the biggest amount of holders is now in 5M- 7M area! Talk about great distribution! As i’ve always said: when $EVA finally breaks 10M, it’s gonna fullsend to 30M-50M target! Watch it happen! 🔥