cryptonewsflash

#shiba⚡ Inu faces resistance at a key level, with the price showing neutral momentum and potential for upward movement if it breaks a key barrier.
Shiba Inu (SHIB) changes hands at $0.000006502, experiencing a 0.8% decline over the past 24 hours. The price has witnessed moderate volatility, with a 24-hour trading range from $0.00000644 to $0.000006579. The coin’s price action shows fluctuations, currently settling in the mid-range.
The 24-hour trading volume stands at $124.61 million, down over 20%, highlighting declining activity during this period. Over the past 7 days, Shiba Inu has gained 9.9%, which contrasts with its more substantial 30-day loss of 17.1%.
Looking at Shiba Inu’s current performance, the price has had a hard time moving past the $0.00000658 mark in the past 24 hours, with a pullback observed. If it manages to break this upper range, a further move upwards could be expected. Can SHIB break the resistance?
Shiba Inu Price Analysis
On the technical side, #Shiba Inu is currently facing resistance near the $0.00000733 level, as indicated by the Supertrend indicator, which is showing a bearish signal. This resistance zone is significant since SHIB has struggled to break through it recently.

The Supertrend suggests that the price could be under pressure should it fail to reclaim this resistance level. If SHIB can break above the resistance, it may be able to test higher levels, potentially moving toward $0.0000075, where additional resistance could be found.
On the support side, the $0.0000051 to $0.0000059 range is a critical zone, with SHIB previously testing this area. If SHIB fails to hold above this support range, a decline toward lower zones around $0.0000045 could be possible.
Looking at the Relative Strength Index, it currently stands at 45.19, suggesting that SHIB is neither overbought nor oversold, remaining in neutral territory. This neutral reading indicates that there’s room for price movement in either direction. A potential bullish signal would come if the RSI crosses above 50, signaling increased buying momentum, while a drop below 40 could suggest bearish pressure.
Shiba Inu Futures Flows
The data from the flow analysis shows mixed results in Bitcoin’s futures and spot markets over various timeframes. In the short-term, the 30-minute and 1-hour inflows indicate a negative trend, with outflows surpassing inflows and showing net decreases in positions. The 30-minute timeframe, in particular, recorded a significant outflow of $58.37K, leading to a net inflow change of -224.15%. 

Similarly, the 1-hour data shows a negative shift in net inflow, dropping by 1602.71%. However, there is a noticeable rebound in the 4-hour and 8-hour periods. In the 4-hour timeframe, net inflows increased by 124.18%, reflecting positive market sentiment.
On longer time horizons, such as 12 hours, 24 hours, and 3 days, there is a mixed outlook. For example, the 12-hour and 24-hour data show modest outflows, with a 16.26% decrease in net inflows over 12 hours. On the other hand, the 3-day inflows show a recovery, with a net increase of 35.79%, suggesting renewed long-term optimism.
#CryptoNewsFlash

A forming #Cardano Elliott Wave pattern on a lower timeframe continues to point to a potential rally, as price steadies around current levels.
Cardano (ADA) is indeed holding steady even as Bitcoin looks choppy. While the crypto leader has retraced slightly over the last 24 hours, ADA has risen by over 2%, outperforming all other assets in the top 11 by market cap. Still, there could be more in the pipeline for #Cardano .
Key Points
A forming Cardano Elliott Wave pattern on a lower timeframe continues to point to a potential rally, as price steadies around current levels.The structure consists of an initial bullish wave, a corrective second wave, and a final wave of price expansion to newer highs.The chart shows that wave (1) was a three-wave advance, while wave (2) was a single corrective wave.Two possible scenarios could play out in the second phase of wave (3) formation: one prompting a quick rebound, the other a steeper correction.Ultimately, Cardano could complete the Elliott Wave pattern, targeting a rally to $0.364.
Cardano Elliott Wave Rekindles Optimism
An analysis from “More Crypto Online” highlights a forming three-wave Elliott Wave pattern on the 1-hour chart. The structure consists of an initial bullish wave, a corrective second wave, and a third wave of price expansion to newer highs.
The chart shows that wave (1) was a three-wave advance. Wave A here started from the February 6 lows of $0.22 to $0.26. The short wave B forced a pullback to $0.24 the same day before wave C pushed ADA to $0.28, completing wave (1).
Meanwhile, the wave (2) was a single corrective wave, drawing Cardano from the $0.28 high to $0.25 on February 11. Now, the wave (3) is underway with wave A already completed. During this move, the coin rose from the wave (2) lows to a high of $0.30 on February 15.
Possible Scenarios for Wave B 
The analyst identified two possible scenarios that could play out in the second phase of the wave (3) formation. Notably, this is already underway, with ADA pulling back from the February 15 high to its current price of $0.29.
According to the analyst, wave B can overshoot. During wave A, ADA rallied past the 1.38 Fibonacci extension, which is beyond the maximum threshold as per the technical exposition. Citing this, the market watcher noted that a wider wave B is very likely.
The commentary identified two scenarios. The first is a continued uptrend in a diagonal pattern, with Cardano completing wave (3) in three waves. The chart shows that this would cause the coin to bounce off the current macro support levels, initiating wave C.

In contrast, wave B could be extended, pushing ADA much lower. The chart shows possible retests of the 0.50 to 0.786 Fibonacci levels, which align with major supports between $0.25 and $0.23. Notably, which scenario materializes will depend on how Cardano reacts at the $0.26 support level.

Likely Cardano Targets
Ultimately, the analysis indicates that Cardano will complete the Elliott Wave pattern. The target for the three-wave pattern is $0.364, representing a 27% move from the current market price.
Still, he did not rule out the possibility of an extended wave-patterned move to higher prices. In the meantime, ADA consolidates around the current level, with no confirmation of its next move.
#CryptoNewsFlash

The #shiba⚡ Inu burn rate has spiked considerably in the past 24 hours, yet its price has remained almost redundant, failing to reflect this positive activity.
Shiba Inu burns recorded a massive spike from yesterday’s figures, as market proponents doubled down on efforts to reduce the memecoin’s large supply. After a meager burn rate on Thursday, data show a 173,579% spike in burn activity in the Shiba Inu ecosystem.
Key Points
Shiba Inu burns have spiked considerably in the past 24 hours, yet its price has remained almost redundant, failing to reflect this positive activity.Data show a 173,579% spike in burn activity, with 838,872 SHIB tokens incinerated in the past 24 hours.On-chain data shows that these burns occurred in two transactions of 580,858 SHIB and 258,014 SHIB, but they came from the same address, “0xe9caf.”The burns took the total burnt SHIB tokens to 410,754,337,836,935, representing about 41% of the maximum supply of 999 trillion.Amid this bullish network activity, Shiba Inu did not react much.
SHIB Burn Rate Spikes
According to the burn tracker Shibburn, the SHIB burn rate has increased considerably in the past 24 hours. So far today, 838,872 SHIB tokens have been incinerated, an impressive 173,579% rise from just 483 tokens burnt yesterday.
On-chain data shows that these burns occurred in two transactions of 580,858 SHIB and 258,014 SHIB, but they came from the same address, “0xe9caf.” Further analysis shows that the wallet “monarkoshi.eth,” funded by Coinbase, initiated this transaction.
It moved the SHIB tokens to the “0xe9caf” address, which then sent them to the burn address. Notably, the two transactions occurred in the early hours of today, causing the spike.
The burns took the total burnt SHIB tokens to 410,754,337,836,935, which is about 41% of the maximum supply of 999 trillion. However, amid this bullish network activity, Shiba Inu did not react much.

Shiba Inu Price Fails to Respond
Notably, the memecoin is up less than 1% in the past 24 hours. This missed the expectations of enthusiasts, who were hoping the staggering spike in burn rate would rekindle bullish momentum for Shiba Inu.
Meanwhile, the rebound was more of a reaction to a broader market rebound. With Bitcoin and major altcoins recovering slightly, SHIB followed their lead. Recall that the token grew by 2.3% yesterday due to this effect, recording its first green candlestick since the 12% rally on February 6.
Enthusiasts remain optimistic that SHIB will recover from the current dip to higher prices. One analyst sharing this view is Vuori Trading, which sees the current phase as a bear trap. His outlook predicts a 22x rally to unprecedented prices when the accumulation ends.
Dwindling Shiba Inu Volume Stalls Recovery
In the meantime, Shiba Inu trading volume continues to drop, signaling lower market activity involving the token. In the past 24 hours, spot and futures volume are down 9.6% to $24.3 million and 8% to $96.9 million, respectively. 
A look at the seven-day timeframe shows an even steeper drop. Specifically, spot volume has reduced 45.8% to $169.18 million, and futures volume is down 49% to $768.9 million. A turnaround in this would be crucial if SHIB is to recover further from here.
#CryptoNewsFlash

The #XRP community is gearing up for a pivotal week for XRP adoption.
Key developers and Ripple-affiliated teams are preparing to outline the next phase of the XRP Ledger’s evolution. 
In a tweet, XRPL validator Vet shared high expectations ahead of XRP Community Day, describing the coming days as a “big week” focused on strengthening XRP adoption. 
According to Vet, upcoming discussions will center on the key tools needed to expand XRP’s use, particularly for institutions and regulated markets.
Key Points
XRP developers signal a major week ahead as adoption-focused upgrades take center stage.Programmability, privacy, and compliance are key pillars of XRPL’s next evolution.RippleX outlines live features and upcoming tools for institutional DeFi growth.XRP Community Day may offer fresh signals for accelerating institutional adoption.
Focus on Programmability, Privacy, and Compliance
At the center of the conversation is programmability on the #XRP Ledger. Planned discussions will explore smart extensions and contract functionality designed to expand what developers can build on XRPL without sacrificing efficiency or security.
Privacy and scalability are also taking center stage. In particular, Vet highlighted Zero-Knowledge Proofs (ZKPs) as a key area of development. These tools would enable more private transactions and scalable financial activity, a critical requirement for enterprise and institutional use cases.
Another major theme is compliance. XRPL developers are working on compliance-focused building blocks, including permissioned domains and decentralized exchange (DEX) enhancements. The goal is to allow compliant financial workflows to operate seamlessly behind the scenes without adding friction for end users.
RippleX Outlines What’s Live and What’s Next on the XRP Ledger
Vet’s remarks followed a RippleX update outlining which XRP Ledger features are already live and what is coming next. RippleX plans to explain how improvements in programmability, privacy, and compliance are directly increasing XRP’s real-world utility.
The session will take place during XRP Community Day on X Spaces, scheduled for February 11 at 1:55 PM ET (or February 12 at 2:55 AM SGT). It will cover native lending, DeFi tools, and how these upgrades support real-world financial use cases. The focus remains on expanding XRP’s role in settlement, liquidity, and on-chain financial services.
Planned speakers include Ayo Akinyele, RippleX’s Head of Software Engineering; Mayukha Vadari, Staff Software Engineer at RippleX; and Jazzi Cooper, Head of Product at RippleX. Community voices such as Vet and Krippenreiter will also take part.

Institutional DeFi Roadmap Comes Into Sharper Focus
Earlier updates from RippleX outlined the broader Institutional DeFi roadmap for the XRP Ledger. The roadmap positions XRP at the core of settlement, foreign exchange, collateral management, and on-chain credit.
According to the roadmap, this year’s focus is on lending, privacy, and permissioned on-chain markets. These developments aim to move XRPL closer to everyday institutional use while keeping the user experience simple and compliant.
As XRP Community Day approaches, expectations are building that this “big week ahead” could offer clearer signals on how XRP adoption may accelerate across both decentralized and institutional finance.
#CryptoNewsFlash

#Dogecoin attempts a reversal at key support, with analysts predicting potential long-term growth if it breaks through key resistance levels.
Dogecoin (DOGE) has been on a turbulent ride recently, with its price seeing a significant drop of 10.4% in the last 24 hours, now hovering around $0.0914. The crypto has faced notable declines, with a 22% loss in the past seven days and a 39% loss over the last month. It is also important to note that the Dogecoin market remains highly active, with a 24-hour trading volume of $6.55 billion in the futures scene.
However, the year-to-date performance shows a 22.32% drop, adding to concerns over its long-term prospects. Notably, Dogecoin’s futures market has been marked by a 2.21 long/short ratio on Binance DOGE/USDT accounts, while top trader long/short ratio accounts stand at 2.59. While this is bullish, traders will be looking to hold the support at $0.08 for a sustained recovery. Where is DOGE headed?
Where’s Dogecoin Headed?
Looking at Dogecoin’s daily chart, the price has recently fallen below the lower Bollinger Band support but is trying to close above it. This band at $0.09055 has historically acted as a strong support level.
However, Dogecoin is attempting to close above this level, suggesting that the bearish momentum may be weakening. If DOGE successfully closes above this support, the next resistance zone is near the middle Bollinger Band, which currently sits at $0.11565. 

Further, if the price can break above this level, it would shift the short-term market bias toward the upside, with the next major resistance lying at the upper Bollinger Band around $0.14027.
Meanwhile, the standard deviation indicator shows a value of 0.01231, which reflects Dogecoin’s price volatility over the last 20 periods. The relatively high value indicates that Dogecoin has been experiencing significant price swings. As the price attempts to close above the lower Bollinger Band, this volatility could decrease, providing an opportunity for Dogecoin to regain some upward momentum. 
Analyst Says Long-Term Target at $0.30
Elsewhere, analyst Crypto GVR, who has a following of 140.7K, recently shared his insights on Dogecoin spot analysis. He believes that the meme coin is positioning for a potential reversal within the price range of $0.075 to $0.094. 
Should this reversal occur, GVR suggests that Dogecoin could reach a long-term target between $0.20 and $0.30. To reach $0.30, Dogecoin would need to surge approximately 228.23% from its current price of $0.0914.
#CryptoNewsFlash

Today something wild happened on the XRP Ledger. One of BitGo’s wallets ran dry of XRP, but the scripts didn’t stop working. They kept creating new accounts and sending transactions that had zero chance of success. The result: thousands of “UNFUNDED PAYMENT” errors flooded the network.
What Went Down
BitGo’s system tried to activate new $XRP accounts, each requiring 1 XRP reserve, even after its balance hit 0.The failed attempts spiked to nearly 11,000 in one day, according to ledger data.It wasn’t a hack, just an automation loop gone rogue. BitGo confirmed the wallet has now been topped up with 1,048 XRP to stop the spam.
Why This Matters
Even though no coins were stolen, the glitch shows how one small script error can ripple through a major blockchain. The ledger stayed secure, but the event cast a spotlight on automation risks in crypto networks.


TL;DR
XRP Ledger glitch = wild day for the community + reminder that tech still needs humans.
#xrp #CryptoMarketMoves #BinanceSquareTalks #blockchain #CryptoNewsFlash