XRP, Shiba Inu, Hyperliquid and Bitcoin break through key prices, traders focus on the next step

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XRP broke through the main resistance level, but faced overbought pressure.

XRP successfully broke through the dense area formed by several major moving averages, with the key long-term moving average at US$1.35. The short-term moving average is concentrated in the range of US$1.10 to US$1.18, highlighting the strength of this breakthrough. Whether you can hold above $1.35 will be the key to distinguishing trend reversal from a temporary price surge.

As the daily relative strength indicator (RSI) rose to 86, the XRP has entered an extremely overbought state, with a long upper shadow line at $1.70 indicating significant selling pressure at the high. The current preliminary resistance is in the US$1.50 to US$1.55 range. If XRP closes above the region, it is expected to open up upside to US$1.60 and may again challenge the recent high of US$1.70.

Once US$1.70 is exceeded, the next visible technical resistance will appear in the US$1.80 to US$2.00 range. Even if there is a correction, the breakthrough will remain valid as long as the price remains above $1.35. A break below this support level indicates that this round of rise may be just a short-term fluctuation rather than a true trend reversal.

Whether XRP can maintain support above the US$1.35 breakthrough level is crucial to the overall recovery structure. If this level is lost, recent gains are more likely to be seen as a depleted rebound rather than a long-term bullish shift.

Shiba Inu seeks to build recovery momentum

After continued downward pressure, Shiba Inu is trying to establish a recovery trend. The token briefly rose above $0.00000600, but fell back to around $0.0000544 after encountering resistance. Its biggest technical obstacle is its long-term moving average (now at $0.0000574), where the recent rebound was quickly suppressed.

On the positive side, Shiba Inu remains above its short-term moving average. The token recently regained its orange moving average of $0.0000493 and gained support around $0.0000480 and $0.0000457. The obstruction brought the RSI back to around 64-still above the signal line but not yet in the overbought range-and combined with strong trading volume suggests there is real buying interest behind the breakthrough attempt.

To form a sustained upward trend, Shiba Inu needs to convert the range of US$0.0000550 to US$0.00000575 into support. If we can decisively break through the long-term moving average of US$0.0000600, the next resistance level points to the shock range from March to May (approximately US$0.0000620 to US$0.00000660).

If Shiba Inu fails to overcome resistance near US$0.0000600, the risk of retracement still exists. A break below $0.0000490 would weaken the current structure, while a breach of discipline below $0.0000455 would mean a return to previous bearish trends.

Hyperliquid extends gains, but caution heats up

As a decentralized perpetual contract agreement token, Hyperliquid continued its gains, hitting $82.50 and falling back to around $80. This breakthrough brought HYPE to the previous summer high range of US$75 to US$77, setting a local new high. The token remains well above the main moving average, with dynamic support between $58.56 and $63.21, and the long-term moving average is at a lower level of $52.42.

The rapid rise brings the risk of over-extension, and the daily RSI has risen to 80.55, which is in the deeply overbought region. Trading volume increased significantly during this period, confirming market participation and increasing the possibility of profit-taking after rapid asset appreciation.

For bulls, it is crucial to hold on to the previous resistance zone of US$75 to US$77. If it can be maintained, it is expected to further rise to US$82.50, or even US$85 to US$87.50. However, a break below US$75 could trigger a test of support near US$70, but the overall structure remains positive above the US$60 to US$63 region.

(Note: Hyperliquid is a decentralized on-chain derivatives exchange known for providing perpetual contracts and highly leveraged transactions. It can operate directly on the blockchain without a centralized intermediary.)

Bitcoin broke through key resistance and entered an extended trend

Bitcoin showed a strong technical breakthrough, climbing from a volatile range of US$63,000 to a recent high of nearly US$77,000. The rise lifted Bitcoin above its long-term moving average (approximately $71,689), which has been considered a key resistance level since the start of the overall downward trend.

The breakthrough was accompanied by a significant expansion in trading volume, while Bitcoin trading prices were well above its short-term moving average (concentrated in the range of US$65,100 to US$67,500). The daily RSI is currently at 80, indicating that momentum has entered an overbought state.

Subsequent upside will depend more on continued buying than on pure momentum. The key resistance is at $80,000, with the May high area (approximately $82,000 to $82,500) being the next major obstacle. Breaking through the area could open the channel for $85,000 and mark a significant structural improvement.

In any correction, the US$71,500 to US$72,500 region will be the key support, which combines the recently recovered long-term moving averages and breakthrough ranges. If it can be successfully held, it will consolidate Bitcoin's new positive structure; if it falls below US$71,500, the market may test the US$67,000 to US$68,000 level again.

Despite recent overbought readings, Bitcoin's market structure has shifted in favor of bulls after breaking through months of resistance. However, continued consolidation may be more sustainable than another rapid rise.