XRP, Bitcoin, and SHIB: Crypto market analysis today

XRP forming a double bottom, Bitcoin on the edge, and SHIB stuck: Get a complete technical analysis of these top 3 cryptocurrencies.

Written by Simon Dumoulin

Translated on February 23, 2026 at 01:00 by Simon Dumoulin

xrp shiba bitcoin sur fond crypto violet jaune

Copié

XRP: Double Bottom and Major Rebound Potential

XRP is currently forming a solid double bottom around $2.10, a reversal pattern often signaling a shift in momentum. This technical structure suggests possible exhaustion of selling pressure following the correction that began earlier this year.

Validation will require a clean break of the neckline located around $2.40. A confirmed breakout with volume could open the path toward $2.70–$2.80, offering an attractive risk/reward ratio for long positions.

Technical indicators support this scenario: RSI emerging from oversold territory, MACD showing bullish convergence, and the 50-day moving average acting as potential support. The psychological threshold of $2.50 will be crucial for confirming momentum.

XRP chart showing a double bottom technical pattern around $2.10, with support and resistance levels highlighted and RSI and MACD indicators signaling a possible bullish rebound.

Bitcoin and Shiba Inu: Critical Levels and Waiting Phase

Bitcoin is trading on a key support between $94,000 and $95,000, a true pivotal zone for the market. A break below this level could accelerate the decline toward $88,000, while a solid bounce would reignite momentum toward $98,000, then $100,000.

Something like this could play out for $BTC.

A pump towards the $76,000 level to make longs more aggressive.

Then a nuke to new lows. pic.twitter.com/N52O4aDUtL
— Ted (@TedPillows) February 22, 2026

Volatility is compressing and volumes are declining, a typical signal of an imminent directional move. However, on-chain data shows discreet whale accumulation, suggesting a bullish medium-term outlook despite current tension.

Meanwhile, Shiba Inu remains stuck in a tight range between $0.000020 and $0.000023. This prolonged consolidation is preparing for an explosive move, but only a clear bullish or bearish breakout will provide the directional signal. Patience and discipline remain essential.

$SHIB|USDT Analysis

It's accumulating between Ascending Triangle, a small correction around $0.00000604 will happen before upside momentum.

Brokedown of triangle will nullify the upside movement and will take a pullback around $0.00000558 followed by $0.00000507.#SHIB… pic.twitter.com/O0t8ohdrNO
— Official Crypto Traders™ (@CryptoTraders62) February 22, 2026

👉 Join our free private group and benefit from trades by a professional trader to generate profits all year long.

Roro Crypto – Get free trades on our private group!

Related Articles:

Simon Dumoulin

Passionate about cryptocurrencies since 2019, I cover the latest news through clear and accessible articles. My goal is to make crypto understandable for everyone, with reliable and well-researched content.

DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.

DISCLAIMER

This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.

InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.