Shiba Inu Stalls as Ethereum and Hyperliquid Show Rebound Signs

Shiba Inu (SHIB) has given up most of its recent gains and is currently trading at around $0.00000448, pulling back towards its 50-day moving average of $0.00000445.

The asset's medium-term resistance line has moved further away again, while its 100-day moving average remains at about $0.00000493.

Shiba Inu's long-term trend is weaker, with the 200-day moving average still falling at around $0.00000583 and a relative strength index of around 45 indicating weakened momentum.

Ethereum (ETH), on the other hand, is showing signs of recovery, with its 50-day line turning upward and narrowing the gap with its 100-day line at $1,920.

Hyperliquid (HYPE) has broken above a short-term resistance line and is currently trading at around $58.04, with its next hurdle being the 50-day line at about $60.85.