Bitcoin rebounds to US$80,000, XRP holds steady above US$1.35, Stellar and SHIB test key resistance

Bitcoin, XRP, Stellar and Shiba Inu all experienced significant price fluctuations, and multiple tokens tested key technical bits after a strong summer rebound.

Bitcoin surged from approximately US$63,000 to nearly US$80,000 in a short period of time, setting one of the strongest gains in months. The breakthrough freed Bitcoin from a narrow range of movements between $62,000 and $65,000 for most of July and August. As the rally accelerated, Bitcoin decisively broke through the most important daily moving average.

The 200-day moving average is currently around US$72,060, after Bitcoin had been trading below that average for months, so breaking through this level marks a key shift in the coin's technical structure. The 50-day and 100-day moving averages have also been left behind and are currently at about $68,300 and $66,750 respectively, while the 20-day exponential moving average has risen to about $71,300. This set of indicators has formed a solid support group below the bitcoin spot price.

Bitcoin is currently trading at approximately US$79,360 and has entered the overbought territory, with the Relative Strength Index (RSI) of 77. Direct resistance is concentrated between US$80,000 and US$82,000, which is highly consistent with the currency's local highs in May. Observers point out that a breakthrough of $82,000 could open up further upside, and if sellers dominate, it could be a pullback to $76,000 to $77,000, or even a retest of $72,000.

Currently, this indicator is firmly in the overbought area, about 77. The current resistance range is $80,000 to $82,000.

Bitcoin Price Overview

Current Price: US$79,360
200-day moving average: US$72,060
Resistance range: US$80,000-US$82,000
Support level (20 - 100-day moving average): US$66,750-US$71,300

XRP maintained key support level after the rebound

XRP showed a breakthrough increase in August, once rising to US$1.70, becoming the focus of market attention. After the correction, XRP is currently trading at around $1.42, still well above levels seen earlier in the summer. From a technical perspective, the structure of XRP remains solid as it continues to trade above the four main moving averages on the daily chart. Its 200-day moving average is currently at $1.35, an important long-term indicator that has suppressed prices for most of 2026.

Short-term moving averages, including the 20-day exponential moving average ($1.24), 50-day moving average ($1.20) and 100-day moving average ($1.13), provide additional support but are not currently the decisive factor. Trading volume surged during the initial rise and then gradually decreased as XRP began to consolidate, indicating that the initial period of active buying had cooled down. The RSI, which soared above 80, has now fallen back to 69.

If the daily closing price reaches US$1.50, it will open the way to move towards US$1.60 or even the recent high of US$1.70. However, traders believe that the current price consolidation further in the US$1.35 to US$1.40 range is a healthy development trend.

Shiba Inu and Stellar face key resistance levels

Shiba Inu has improved since its August low, soaring to US$0.0000620 before falling back to around US$0.0000530. Although it has rebounded above multiple short-and medium-term moving averages, the SHIB is still below the 200-day moving average (approximately $0.0000572). Breaking through this level remains the main technical obstacle for SHIB, with the US$0.0000600 to US$0.0000620 range constituting direct resistance. The recent decline in trading volume suggests that the correction is not a major sell-off, and the RSI is currently at 58, leaving room for the token to try again to rebound.

For Stellar (XLM), the August rally pushed prices from a low of $0.155 to an intraday high above $0.22, before pulling back to about $0.184. The 200-day moving average ($0.190) is currently a key resistance level, and a daily close above $0.20 is seen as necessary to re-establish the upward trend. Below spot prices, support is near the 20-day exponential moving average and the 50-and 100-day moving averages, with a range of $0.176 to $0.182.

Momentum indicators confirmed that both SHIB and Stellar have fallen back from overbought levels. For Stellar, the RSI has dropped from above 70 to 54, reducing the threat of recent overheating. As the two coins consolidate, traders are watching volume trends and support clusters for signals of the next major directional change.