The currency prices were on the edge of the abyss on Tuesday, which reflects the performance of American stocks. Bitcoin price fell to $ 84,000, a significant decrease from the highest at the end of the week to more than $ 100,000. The total market value of all cryptocurrencies followed by CoinMarketCAP fell by more than 10 % to $ 2.77 trillion, while the liquidation jumped. What after popular coins such as Solana, Sheba Eno, and Itta?
Solana price analysis
Sol PRICE crashed this week, even after Donald Trump added it to possible strategic coding reserves. This decrease was mostly because investors expected politics to face some legislative challenge. It is not clear whether Congress, who controls the wallet, is interested in creating these reserves.
The price of Solana reached its peak at $ 295.28 in January as metal action forces In his environmental system he rose. Then it decreased less than the main support levels, including support at $ 263 (November 2024 rise) and $ 170 (January 14), and the psychological point at $ 140.
The level of $ 170 was prominent because it was along the double -style neckline at $ 264.
Worse than that, Solana Price has formed a cross -death pattern as she crossed the 50 -day and 200 days moving averages (EMA) each other. The Cross of Death is one of the most dangerous patterns in the market.
Therefore, the additional downside will be confirmed if the price of Solana drowns below the lowest level last week of $ 125. The decrease in this level will refer to more landing, with the next point for watching $ 110, which is the slightest swing in August. This price is about 20 % lower than the current level. The step below will indicate a decrease in a decrease to less than $ 100.
Shiba Inu price expectations
The SHIBANU price has also been in a steady drop in the past few weeks, as it decreased from a height of 0.00003325 dollars to $ 0.00001260.
The currency fell to less than the important support level at $ 0.002171, which is the highest swing on September 27. It also formed a cross of death, indicating an increase in momentum forward.
On the positive side, the SHIB icon shape the drip chart style. This pattern is formed when there are two scattered trend lines and rapprochement. These two lines are now approaching.
Moreover, the Shiba Inu Price formed a dual -bottom giant style at $ 0.00001260. The neckline for this style is $ 0.003326. Therefore, there is a possibility that the coin is bounced and re -testing the main resistance point at $ 0.00003326, an increase of 160 % of the current level.
IOTA price analysis
The IOTA continued to decline this month with the acceleration of the sale of the encryption. On the daily chart, the price of the IOTA moved from a height of $ 0.6320 on December 4 to $ 0.20.
IOTA TOKEN moved less than the average of the average of 50 days and 200 days. I moved to less than the 78.6 % Fibonacci re -imitation level.
Iota Coin has now re -testing the upper side of the falling graph style, a common thunderbolt sign. Therefore, the distinctive symbol is likely to wear, re -test the main resistance point at $ 0.3135.
The IOTA code is likely to be strengthened by the next Recycled Raising. REBASED is an upgrade that will provide several network features. Some of the most famous features will be the introduction of Movevm and Ethereum Virtual Machine (EVM).
IOTA will also provide faster transaction speeds of up to 50,000 seconds (TPS). It will also provide features such as more decentralization and tricks, with returns up to 15 %.
Post -encryption prices: Solana, Shiba Inu, IOTA first appeared on Invezz
