SHIB’s Wild Ride, Bitcoin’s Liquidation Frenzy, and XRP’s $3 Tease: Crypto Shenanigans Unfold

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Shiba Inu Coin Eyes 20% Rally 🐶💰

Shiba Inu (SHIB) is plotting a 20% rally next week if a certain Bollinger Bands signal decides to play nice. Imagine that! A dog coin with more tricks than a circus act.

  • Bullish Weekly Close. SHIB ended the week at $0.00001334, breaking above a key support zone and the 20-week moving average for the first time in two months. It’s like the little pup finally found its bark!

SHIB just closed a weekly candle at $0.00001334, positioning itself above a significant support level and setting the stage for a potential 20% surge if the momentum continues. It’s like the dog is wagging its tail so hard, it might just fly off!

The price is advancing toward the upper Bollinger Band on the weekly time frame, currently around $0.00001554. If it gets there, it’ll be like SHIB is on a rocket to the moon, but with more barking.

  • Launchpad Zone. The $0.00001200–$0.00001300 range has served as a strong demand zone. It’s like a dog park where SHIB loves to play and gain strength.

This isn’t the first time that SHIB has used this region as a launchpad. The $0.00001200 to $0.00001300 range has acted as a demand zone for months, with multiple successful retests since last year. The difference now is the candle structure. Last week’s nearly 13% gain came from a clean bounce off the lower part of the range. This was followed by a close above the 20-week moving average for the first time in two months. It’s like SHIB finally found its bones and decided to run with them.

  • Technical Setup. Bollinger Bands are starting to widen, suggesting rising volatility. It’s like the dog is getting ready to chase its tail, but in a good way.

The Bollinger Bands are starting to open slightly, suggesting that volatility may be returning after a long period of sideways movement. If SHIB extends to the top band, which it tends to do once breakouts gain traction, the projected upside would put the token at around $0.00001550. That price is roughly 20% higher than the current price. It’s like SHIB is about to jump over the moon and land in a pile of cash!

Bitcoin‘s $118K Breakout Triggers Liquidation Wave 🚀💥

Bitcoin price breakout sparks an epic liquidation imbalance. It’s like a fireworks show, but with money!

  • Sharp BTC Rally. Bitcoin surged past $118,000 over the weekend. It’s like BTC decided to have a party and invited everyone, except the shorts.

BTC recorded $3.66 million in short liquidations, compared to just $197,660 from longs. That’s an imbalance of 1,722%, with nearly all the damage falling on short positions. Unlike typical shakeouts, where longs become overexposed, this breakout wiped out shorts almost exclusively. For BTC, it was a one-sided liquidation, a rare event when price action favors longs so clearly. It’s like the shorts got a surprise party, but it was a party they didn’t want to attend.

  • Market-Wide Impact. 12-hour liquidations (all tokens) hit $55.54M. It’s like a financial tsunami, but with a lot of short sellers getting swept away.

Across all tokens, 12-hour liquidations totaled $55.54 million, split between $34.16 million from shorts and $21.38 million from longs. Over the full 24-hour period, the total liquidation volume reached $191.17 million, with $123.56 million from long positions and $67.61 million from short positions. It’s like a financial rollercoaster, but with a lot of people getting thrown off their seats.

XRP Eyes Key $3 Breakout 💸🚀

XRP is extremely close to hitting a pivotal level, but one last test is left. It’s like XRP is at the starting line of a race, but the starting gun hasn’t gone off yet.

  • Major Resistance Breached. XRP recently broke through the $2.50–$2.60 resistance. It’s like XRP finally found the key to the treasure chest.

A strong rally that brought XRP near its most crucial threshold in months — the psychological $3 mark — brought the cryptocurrency into the public eye. Recent sentiment has changed as a result of the breakout above the $2.50-$2.60 resistance, setting up XRP for what may turn out to be a pivotal move in the upcoming trading sessions. It’s like XRP is about to make a big splash, but it’s still deciding if it wants to dive or cannonball.

  • $3 Matters. This area lacks established sell order clusters. It’s like the $3 mark is a blank canvas, waiting for XRP to paint its masterpiece.

In particular, the resistance just below $3 is important. This level has not been adequately tested in the past. This area has remained mostly untapped by any sustained volume because previous upswings lost momentum before ever reaching it. It’s like XRP is about to climb a mountain, but it’s still deciding if it wants to take the scenic route or the shortcut.

  • Technical Setup. Market structure remains strongly bullish. It’s like XRP is running with the wind at its back, ready to take on the world.

All of the daily charts’ major moving averages, including the 50, 100 and 200-day lines, are well above XRP. These lines have now flattened out or turned upward, signaling a significant transition from a consolidation phase to an acceleration phase. It’s like XRP is about to take off, and it’s bringing everyone along for the ride. 🚀

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2025-07-15 05:31