Golden Cross is not enough, the size of Shiba Inu (SHIB) is approaching 0, and XRP risks two dollars, but 3 dollars is possible
Bitcoin price shows signs of weakness and frequency, although it printed a golden cross. The price of the leading cryptocurrency currently decreased to 95,484 dollars after it recently rose about $ 96,000 with a little follow -up momentum. The problem: Despite its positive symbolism, the golden cross has not generated the institutional interest or the high size that will be usually required to start a long -term gathering.
BTC may come close to the peak area of purchase with a little strength to pay up in the near future as it becomes clear from the volume that already diminishes from the outbreak of April and RSI cooling near 64. Investors may need to reduce their expectations if they expect amazing outbreak. Looking at the current price structure, which indicates a kiosk, Bitcoin may easily return to the 91,000 dollar support area if the momentum does not pick up quickly.
From a structural perspective, it is technically encouraging that Bitcoin has regained all the main Emas (50, 100 and 200). There is no purchase pressure after the penetration, however, is related. The total environment is still important. ETF flows were calmed after the large flows at the beginning of May, and the total market morale is still risk due to the total economic uncertainty.
Bitcoin can merge between $ 91,000 and $ 96,000 in the absence of new incentives. Traders should monitor the level of 91,000 to 90,000 dollars in the near future. The last bullish structure may be nullified by the collapse below this area, but the upscale momentum may be reshaped by a clean outbreak of more than $ 97,000 with a new size.
The size of the suspicious Sheba Eno
The short -term momentum of the short term of Keepa Eno may be dangerous due to the low trading volume. The Meme icon is currently trading over the doorstep of $ 0.00001296, and its daily size has decreased dramatically, as it fell at some lower levels in recent weeks. The volume is used frequently as one position for the investor’s interest and purchase pressure, and the current Shib course is a blatant warning.
According to the graphic drawing, SHIB recently made an effort to rise above large resistance levels, but any gains were quickly stopped due to the lack of a follow -up size. With the decline in the momentum and the RSI index (RSI) close to the neutral lands, SHIB is gradually moving in the direction of EMA for a period of 50 days, which is located at the level of $ 0.00001274. The closest support line for this EMA may temporarily stop the decline, but the largest image indicates a more serious problem.
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The sudden decrease in size is a warning sign. Future attempts to move will be short -term or maybe failing if there is not enough business to support price movements. This type of historically sized collapse has already preceded side movement or other declines in assets such as SHIB, especially when there are no strong incentives.
The area will be 0.0000120-0.0000,00118 is the next logical area if you lose SHIB 50 EMA support. Technically, the reversal of the current configuration is still possible, but the possibilities support monotheism or additional retreat from the new bullets.
XRP is unstable
XRP floats on the abyss. The original displays indicators of weakness because it is integrated within the narrowing range, although it still maintains $ 2. Classic volatility is indicated by the volume of flattening and visible descending canal; Historically, this composition produced sharp directional movements. The issue is that it is unclear how XRP will collapse.
With its current price about $ 2.19, the XRP is dangerously close to an important support level. The decrease may lead to less than two dollars to a more comprehensive alternative, which will move the original in the direction of 200 EMA at $ 1.99. It seems that there is no clear momentum as RSI remains neutral at about 51 years. It is clear that merchants are awaiting a catalyst before adhering to commitment, as is evident from the dehydration talisman in size.
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Possible energy accumulation is the defect of this low -transformation environment. The 3 -dollar sign will be the next psychological and technical goal if XRP is able to secure a daily closure above $ 2.25 to $ 2.30 and a broken upper border of its aforementioned. XRP’s contradictions are the problem. The upscale continuation pattern may develop as a result of unifying the price of the price.
However, there are concerns that have been raised due to a lack of size and the inability to generate long -term momentum after the previous gatherings. The target is 3 dollars, but it is not guaranteed due to uncertainty at the market level and the levels of the internal resistance of XRP.
