Bitcoin (BTC) may start on its way over $ 100,000 now, XRP Recovery has started very early, is Will Shiba Inu (Shib) Dodge Death Cross?
After a brief decrease, Bitcoin currently offers a moderate recovery at about $ 96,934. Since Bitcoin unifies important support levels, market morale is still optimistic with caution. Is Bitcoin ready to exceed $ 100,000? This is still an open question. It is clear that the resistance level of 98,000 dollars in Bitcoin’s last price movement with EMA trading is currently for 50 days at 98,665 dollars.
The batch that targets psychological resistance may begin at $ 100,000 by a successful break above this level. If 98,000 dollars are not recovered, Bitcoin may return to 93,300 dollars, as EMA currently provides strong support. Given the Bitcoin’s ability to keep more than $ 90,000, the general trend remains optimistic, but the momentum is dwindling.
The RSI index indicates that Bitcoin may move sideways before a clear break because it does not outperform the peak nor. It is very likely that the batch will pay about $ 100,000 if Bitcoin maintains support above 95,000 dollars and high size.
However, the bullish setting may be canceled with a lower decrease although the total market direction is still positive, but Bitcoin needs to recover 98,000 dollars convincingly before trying to reach $ 100,000.
XRP recovery is not enough
After the level of decisive support amounting to $ 2.18, XRP showed a moderate recovery and is now trading by about $ 2.45. Although this upward trend may seem encouraging, questions about the sustainability of this recovery raises through a closer examination of the series.
Recently, XRP has seen a significant decrease in its local peak of $ 3.20, decreasing to $ 2.18 before picking up some steam again. The next important resistance level is $ 2.69, while EMA for 50 days operates as short -term support at the present time. A stronger momentum of XRP will be indicated with a clear outbreak of this level, which may lead to another attempt at the level of $ 3.00.
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If he is not able to keep its current level, XRP may move towards the next important support, which is located at $ 1.65 and provides stability, according to EMA for 200 days. If the market as a whole becomes more pessimistic, this scenario is likely to happen. There is a big concern for XRP is the clear decrease in the network activity.
The data provided indicates that the number of transactions executed has decreased significantly, reaching only 693,898 on February 9, 2025. This means that the interest of the investor is decline, which indicates doubt about the recovery of the last price. The strong activity on the chain is usually required for a positive gathering, but the volume of falling treatment indicates that XRP does not have the support it needs to stay in the long term.
Shayba Eno is compressed by death Cross
The probability of the cross of death makes things worse for Shayba Eno, who is already struggling to recover from the last decline. The death cross usually refers to a longer declining direction, when EMA decreases 50 to less than 200 EMA. Although technical indicators do not seem strong enough yet, SHIB is currently trying to recover from its lowest level in the latest 0.00001616 dollars.
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Over the past few weeks, the SHIB value has been gradually decreased, as it deviates significantly from its last peak of $ 0.0000200. 100 EMA currently operates as a resistance after it has already fell less than the important moving averages. SHIB may still be under downtime if it does not rise more than 0.00001850 dollars. If SHIB is unable to break above 200 EMA, which is currently $ 0.00000042, the probability of high death.
This style has already led to a long decrease in many assets, so SHIB is at a critical turn. In order to prevent a more important decrease, SHIB must continue to height and fracture above 50 EMA. The momentum may turn back in favor of Bulls with a strong recovery.
The transition above 0.00001850 may indicate a possible reflection of the direction, while SHIB is less than $ 0.00001500 can confirm more from the negative side. Investors should also monitor trading volume, as low volume may indicate insufficient purchase support for a real recovery.
