Ripple’s cross-border token has posted a slight decline over the past week and now trades well below its all-time high set in the summer of 2025. Still, one analyst sees the current level as a perfect buying opportunity.
Shiba Inu unveiled a “useful” update related to Shibarium, while Ethereum (ETH) might be gearing up for a rally toward $3,000.
XRP’s Potential
As of this writing, the token is worth around $1.33 (per CoinGecko), representing a 56% collapse on a yearly scale. X user Cryptollica, however, noted that the downtrend has pushed XRP’s two-week RSI to around 33.5.
This is the lowest point in the asset’s history and is usually viewed as a bullish factor. After all, it indicates that XRP has neared oversold territory and could be on the verge of a solid recovery. Cryptollica explained:
“That is the part the market is misreading. Sentiment has been destroyed, momentum has been washed out to a historical extreme, and the asset is being treated as if the story is already over. But this is exactly where asymmetry becomes interesting. Market has already delivered the pain while the long term structire is still active.”
Other market observers anticipating a short-term resurgence include STEPH IS CRYPTO and Crypto Bitlord. The former spotted a “cup and handle” pattern on XRP’s price chart and predicted a potential pump to $2.50, while the latter said they are 99% sure a push toward $2 is coming next.
The Shibarium Update
Earlier this week, the team behind Shiba Inu implemented “a small but useful” update for the layer-2 scaling solution, Shibarium. It refreshed its RPC listing in the Ethereum-lists/chains registry, and Chainlist now has updated connection details.
The update, however, didn’t trigger a price rebound for SHIB, and the community noted that Shibarium continues to struggle with weak usage. A year ago, the protocol fell victim to an exploit, after which daily transactions on the network have plunged to thousands and occasionally even hundreds. Prior to the attack, the figure stood in the millions.
ETH’s Path to $3K
The second-largest cryptocurrency experienced significant volatility over the past several days due to the CLARITY Act’s failure and the Fed’s decision to increase interest rates. Eventually, it settled around $2,500, a modest 1% gain for the week.
Renowned analyst Ali Martinez recently said ETH remains contained within its 4-hour channel. He said the price has reached the structure’s lower boundary and that he’s now closely watching for a potential rebound toward the mid-range and the upper boundary near $2,570.
According to him, this is a key level, and a strong 4-hour close above (backed by volume) could confirm a breakout and open the door to a jump toward $2,700 and even $3,000.
Other analysts, like X user BLADE, were even more optimistic. They noted a double-bottom formation on ETH’s price chart and argued the asset is on the verge of “the biggest move of the cycle,” projecting an explosion beyond $10,000 sometime next year.
The post Major Ripple (XRP) Opportunity, Shiba Inu (SHIB) Updates, and More: Bits Recap September 18 appeared first on CryptoPotato.
