The encryption prices achieved well this week, as investors adopted a risk feeling. Bitcoin price rose to $ 97,000, while the best virtual and Fartcoin healing protocol continued. This article provides expectations for the highest cryptocurrency such as Morpho (Morpho) Shiba Inu (SHIB), Arweave (AR) and Turbo (Turbo).
Why the encryption prices rise?
There are some reasons why Bitcoin and most Altcoins work well this week. First, the United States has released the gross domestic product this week, as the effect of Donald Trump’s tariff has become clear. The economy contracted 0.3 % in the last quarter, and there are signs that it may enter into stagnation.
The recession, although unwanted, will be useful for cryptocurrencies because it is likely that the Federal Reserve will intervene by reducing interest rates. It will also lead to Trump’s negotiation to negotiate commercial deals, a step that is likely to enhance the stock market.
Therefore, there is a point of view that the tensions that occurred in the first four months of the year will end soon. Moreover, senior analysts presented the pace of bitcoin priceand With the ARK Invest at Cathy Wood expected to reach $ 2.4 million by 2030.
Prediction
Morpho is a quick -developed AAVE competitor that allows users to earn, borrow and build using its basic system. It attracted more than $ 4.1 billion of total deposits and has active loans worth $ 1.5 billion. The most prominent partner is with Coinbase, whose platform is used to present Bitcoin loans.
The eight -hour graph shows that the price of Morpho has been backed in the past few days, as it has moved from a decrease of $ 0.08492 in April. It has crossed the important resistance level at $ 1.3165, and is close to the REERRERERTING 38.2 % Fibonacci.
The most likely scenario is where the currency jumps as bulls target the psychological point at $ 2, which is about 42 % higher than the current level.
Prediction at the price of Shaiba Eno
The Daily Chart explains that the SHIB price has reached $ 0.0000,001080 in April, a decrease of more than 67 % of its highest levels in November last year. Then the currency wore again and hit the decisive resistance level at 0.00001575 dollars.
On the positive side, the currency formed the fall of the fall of the fall in the first quarter. This pattern consists of falling and approximately two -way lines.
However, the danger is that the currency has formed a double pattern at $ 0.000015. This style is one of the most signs of the market. Therefore, the SHIBA Inu price expectations are probably neutral at the present time.
Keys to be monitored are $ 0.000015 and 0.000010 dollars. The step is higher than the dual point at $ 0.000015 will lead to the dual style to the top and indicate more Gans later this year. The decrease from the support level will indicate at 0.000010 dollars to more from the downside.
Turbo price analysis
The daily graph shows that the turbo price reached $ 0.0013 in April, and it wore 280 % to $ 0.0050. It moved above the main resistance level at $ 0.0030, the lowest level in August last year.
The Turbo price moves higher than the moving average for 200 days, while all the major oscillators such as the RSI and MACD are up.
Therefore, the distinctive symbol is likely to continue as the bulls target the main resistance point at $ 0.01, an increase of more than 93 % higher than the current level.
Technical analysis of Aruif Price
ARWEAVE TOKEN was $ 4.6 in April, and a bounce to $ 7.5, its highest level since March 3. I moved higher than the moving average for 50 days and 25 days, and across the main resistance level at $ 7.6, which is the highest swing on March 24. Consequently, the currency will continue to rise as it targets the buyers of the main resistance at 10 dollars.
The prediction of post -encryption prices: Morpho, Shiba Inu, Turbo, ARWEAVE first on Invezz
