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ETHEREUM (ETH) only lost the basic level, XRP is not allowed in the bull market? The price of Shiba Inu (SHIB) is about to free autumn

Sheba Eno again faced great pressure. The asset is now trading at about $ 0.00001168, after it has failed to prepare an important support level in the past few sessions.

Since the symbol lacks a strong foundation, it is very exposed to a sharp decrease, and perhaps a decrease of up to $ 0.00001050. Technically, SHIB is still besieged under all the four moving averages that are currently heading down: 26 EMA, 50 EMA, 100 EMA and 200 EMA. This indicates that SHIB is still in a clear, clear direction and that a declining feeling is firmly controlled.

SHIB/USDT Plan by Taidngvief

As pressure decreased and the investor frequency increased, the volume continued to dehydration. The last unsuccessful attempt to penetrate the resistance area, which amounted to $ 0.00001270, was dealing with another bullish momentum. Shayb has been quickly rejected in the absence of convincing outbreaks and a follow -up buyer, and he is currently hovering over the mark of $ 0.001150, which is a shaky level as a temporary stop more than legal support.

There is not much from preventing move towards a level of $ 0.0000,000, psychologically important, or perhaps less if SHIB is less than 0.00001050. The sense of Meme Coin Market is declining, and there are no bullish stimuli, making the free fall scenario more likely.

Reflection, though, is not completely possible. Although this recovery will require an increase in the market or a strong main catalyst, SHIB can settle and may challenge the area of ​​$ 0.00001500 if the bulls can recover 0.00001200-0.00001270 dollars with an increase in size.

XRP has no traction

Fears about the ability of XRP to participate in the budget momentum of the larger market while continuing to show weak performance. Even after multiple attempts to rise, XRP has not been able to overcome the 26 days moving average (EMA), which currently works as a frequent level of resistance. The tone of the declining assets was only strengthened through each rejection of this level.

Through the lines of the concession resistance and the lower altitudes, the graph displays unambiguously with the structure of the declining direction. Even as Bitcoin and other important assets are trying to recover, the XRP is behind it – it is stuck in a declining channel and cannot maintain an upward trend. It is referred to as a frequency in the market and the lack of strong bullish condemnation by the lack of a pursuit higher than the averages in the short term such as 26 and 50 EMAS.

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Currently, the RSI Index is in a range of 40-50 neutral, indicating that there is no clear directional momentum. The relatively low activity, which indicates indifference among merchants, gives credibility to this. The current XRP behavior seems to be more like monotheism in a weak environment more than the penetration preparation, unlike previous recovers, as the price escape was accompanied by large nails in size. The total market condition is more concerned.

After a strong start in the first quarter, it appears that the momentum in the encrypted currency markets is dwindling. Bitcoin dominance is still strong, but altcoins like XRP does not make much money. In fact, XRP failure to recover even during Bitcoin’s amenities indicate relative weakness and investor’s decline.

The bulls are more likely to remain unhappy until XRP is broken over 26 EMA and confirms this step with the stronger closing and high size. The additional decrease in XRP may be possible if the price remains trapped in the declining direction and it is suppressed below 200 EMA, especially if the market as a whole continues to cool down.

Ethereum collapses

Ethereum penetrates the level of decisive support, indicating a possible change in market morale and significant weakness. Today Eth is struggling to keep a range from 1570 to 1600 dollars, which was historically a decisive recovery area, after its sinking without supporting the last rising trend line.

The fact that ETH has lost the bullish momentum in a critical turn is the most disturbing development. The evolving up -to -emerging pattern is developed after March’s decline through this collapse. More importantly, the price levels have become low, especially $ 1500, are now possible because the market has failed to integrate it above this level. The declining pressure may increase to exacerbation and approach the psychological threshold and technology of $ 1,000 if he cannot quickly restore this level.

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The continuous rejection of ETHEREUM of all important moving averages adds to this anxiety. Emas for 50 days, 100 days and 200 days of EMAS are all currently tilted down, and ETH is still much lower than. This indicates the fall of the current trend on the short, medium and long -term time frames. Moreover, the size analysis lacks confidence. Although a modest increase in trading activity, the purchase force appears to decrease rapidly, indicating that the bulls lose confidence in the market. Since RSI is currently in the 1930s, Ethereum is technically close to the sales lands.

However, this reflection on its own does not guarantee itself, especially when the technical structure and total conditions indicate an additional negative side. Ethereum can be the following important at $ 1,200, and eventually $ 1,000 if the price is unable to stay above $ 1500 in the upcoming sessions. A step like this would give the gains worth months and restore ETHEREUM to prices that have not been seen since the beginning of 2023.

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