Altcoins News
By James Thorp
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Ethereum Watches for a Crossover. Ethereum's setup is different but maybe more interesting to watch right now.
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Shiba Inu Loses Its July Momentum. Shiba Inu's story is less encouraging. After a brief surge in late July, the token has basically…
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Hyperliquid jumped 3.5% to $58.04. Not a massive move, but it matters — the token cleared two moving averages in a single session, and traders are now watching whether the rally…
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The short-term moving average sat near $56.93. The 100-day was close by, around $56.66. Hyperliquid punched through both, which basically turns that $56–$57 zone into a support…
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That's up from recent neutral territory, which is a mild positive. An RSI above 50 doesn't scream "buy everything," but it does mean selling pressure has eased and buyers are at…
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Ethereum's setup is different but maybe more interesting to watch right now. The 50-day moving average has been climbing and is now near $1,818. The 100-day sits around $1,920.
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But Ethereum hasn't broken $1,920 yet. It's stuck in the range between those two levels, which is kind of an awkward spot — not clearly bearish, not clearly bullish either.
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The RSI for Ethereum sits slightly above 52.6 — similar to Hyperliquid's reading. Some room to move up. Not overbought.
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Read also: Macro Pressures Guide Crypto Moves in Fed Expectation Climate
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Shiba Inu's story is less encouraging. After a brief surge in late July, the token has basically given everything back, dropping to around $0.00000448.
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The 100-day moving average is around $0.00000493. That's nearly 10% above where SHIB is trading right now — a real distance to cover, and the token can't seem to hold above the…
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There is a support zone between $0.0000041 and $0.0000043 that formed through June and July.
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The divergence across these three assets is pretty telling right now. Hyperliquid cleared two moving averages and is pushing at a third.
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Read also: DonAlt Buys Ethereum Near $1,878 Despite Key Resistance Zone Overhead
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For Hyperliquid, the number to watch is $60.85. That's the 50-day moving average, and it's the next real test.
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