Is Bitcoin (BTC) ready for $ 100,000? Solana (Sol) Skyrockkets, but in a wrong way, Shiba Inu (Shib): Is there any hope?
The encoded currency market concentrated again to Bitcoin, as it looks forward to restoring its bullish momentum. This was followed by a great recovery after a sharp correction that saw Bitcoin decreased moments to less than 92,000 dollars, driven by the American announcement of a strategic encryption reserve.
Initially, this news gave the market hope, which caused Bitcoin and other cryptocurrencies. But the gathering did not last long. The feelings changed quickly and became declining again with the opening of international markets. When the sellers regained control and the price decreased back, Bitcoin could not maintain its upward path.
At a price of 92,664 dollars at the present time, Bitcoin is still trading sideways and has a problem confirming the collapse of about $ 100,000. The last recovery seemed encouraging, but its rapid decline raises the possibility that a passing response was more than the real recovery. Bitcoin is still trading without important resistance levels, and the bullish momentum appears to be diminished.
In order to create a step towards the psychological barrier of $ 100,000, Bitcoin must be broken over $ 95,000 and remain higher than this level in order to verify the correctness of the reflection. There is a greater opportunity to decline if Bitcoin is not able to recover 95,000 dollars, as $ 87,800 is the next important support level. If this is broken, the pressure pressure may increase and the Bitcoin pushes to nearly $ 80,000. On the contrary, the clear collapse of more than $ 100,000 may revive the upcoming feelings and attract new investors.
Solana performance is striking
Solana has seen a sharp rise in the price, briefly for $ 170 before it was resistant and retreating again. Although this step has first suggested a possible outbreak towards a decisive $ 200 level, the rejection indicates that the bulls were unable to keep the momentum. Nevertheless, the market is witnessing a rise in trading volume, indicating that the investor’s interest is high.
The Si -moving average has been exceeded for 26 days, a decisive sign of direction repercussions, by Solana during her last gathering. The price turned quickly and decreased under this mark, indicating that the sellers are still responsible at the present time. Sol is currently trading at about $ 161, and immediate resistance in a range of 170 to 175 dollars.
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Restoring $ 180 may open the door to pay another about 200 dollars, if the purchase pressure increases. $ 150 and $ 140 levels are important support levels on the negative side. The decline under these areas may accelerate the sale and lead to additional losses. The sharp increase in trading volume is one of the advantages of noteing to make Solana prices.
This gathering initially led, but sharp rejection at higher levels indicates that attracting profits, not new purchases, represents a large amount of size. This makes it unclear whether the Sol Rally has enough strength to continue or if it is likely to decrease more declines. Market fluctuations are highlighted by the sharp rise in Solana and severe fall.
Despite the encouraging increase in trading volume, the fact that he was unable to stay above 26 EMA indicates that sellers are still controlling. It will indicate a continuous step above $ 170 to the bullish Ness, but there is another decrease of about $ 150 that is still possible if Sol continues to struggle at the resistance level.
You see Sheba Eno Ziada
Recently, there has been an attempt to fracture over the 26 -day SIA moving average (EMA), but this step was fake, again in besieging merchants before the price decreased. As of now, SHIB is traded at about $ 0.00001410, and lacks any significant upward momentum.
For SHIB actions, the penetration above 26 EMA remains a decisive barrier. The fact that the last attempt to push up is at the top was quickly rejected indicating that the sellers still have the upper hand. SHIB may move about $ 0.00001700 or even 0.00001800 dollars if it can successfully restore this level and keep more than $ 0.00001550.
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However, the continuous rejection in the resistance areas indicates that the upscale momentum still does not exist. Currently, low trading volume is one of the most anxious SHIB aspects. Although the activity briefly increased, the size has decreased continuously, indicating that interest in the original diminishes. In the absence of a strong flow for the buyer, no attempts may have possible comfort with the strength required for the long -term movement.
The declining pressure is to maintain low prices, and is still graying in an unstable position. The bullish momentum may be revived by the outbreak of 26 EMA, but the lack of volume and frequent dates indicates caution. Shayb’s chances of great recovery are still unclear unless you can restore important resistance levels and benefit from the interest of the new purchase.
