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Major cryptos XRP, SHIB, BTC, and DOGE face bearish pressure with slim chances of a bull run.

Technical Signals
01 Jun 2026
UToday
View Source
Bearish
pluang ai news

XRP, Shiba Inu (SHIB), Bitcoin (BTC), and Dogecoin (DOGE) are all under significant selling pressure, testing key support levels amid a prevailing bearish trend. XRP is near a critical support of $1.30 and remains below major moving averages, signaling weakness. SHIB is trying to hold a rising support line but remains technically weak with declining moving averages and increased exchange supply. Bitcoin has dropped below important moving averages and trendlines, trading near $71,000-$72,000, with bearish momentum dominating. Dogecoin broke below its ascending trendline and struggles to reclaim resistance levels, facing potential further declines. Overall, the market shows limited signs of a bullish reversal, with bears maintaining control for now.

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