Shayba Eno (Shayb) to add zero? The next three XRP tests, ETHEREUM (ETH) The following Golden Cross in the line?
XRP again showed a perseverance by survival on a 200 -day SIA moving average, a decisive technical area. Three times in the past few trading sessions, XRP 200 EMA tested, each time you recover with great strength. The long -term trend index is now an important support and a decisive indicator of investor morale as a result of these repeated tests.
As it turns out of the graph, XRP fell regularly to test 200 EMA (black line) in the 2.09-2.10 dollar range during June. Each touch led to a strong recovery, indicating that when the original reaches this basic support, buyers act quickly. The bulls need a stable base to form it during the conditions of the irregular market, and this type of frequent interaction with a major moving average without breakage is repeatedly decreased indicating one composition.
Although XRP is still technically connected between EMA 200 support and the resistance of 50 EMA, it can soon happen when this range is narrowed. There is still a possibility to pushed up ascending without going to an excessive timing area because the RSI index is still in the mid -1940s, indicating the neutral momentum. Although there is no significant increase in sized traders, increased confidence appears through police interest in purchasing in support areas. XRP may test the 2.60-2.70 dollar range if it is able to convert EMA 50 and 100 (about $ 2.25-2.30 dollars) to support.
All the things that were taken into account, these three successful tests for 200 EMA are more than just a transient trembling; It enhances XRP structural safety and paves the way for a more powerful recovery, assuming that the total market remains constant. To verify the validity of this bullish preparation, the bulls will now watch a clear batch over the short term.
Shaiba Eno in trouble?
Shiba Inu is about to be dangerous psychological collapse, also known as the addition of a scratch scenario. I have entered the original in the free fall, and the possibility of graying grows deeper into the abyss every day based on the current prices. As of the writing of these lines, SHIB is traded significantly less than the important averages such as 50, 100 and 200 Emas at about $ 0.00001195.
Over the weeks, the price movement has been held under these resistance levels, and every attempt has decreased in recovery, indicating the presence of a market free of condemnation or strong purchase momentum. Technically, the main structural level that carries the line during the previous corrections was broken, which is about $ 0.00001231.
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There is more than this collapse more than just another decline. Investors and whales may lose the hope of immediate recovery of the original, according to this possible signal. The folder does not show any bullish difference. In fact, it has decreased steadily, indicating that even at these reduced levels, the benefit diminishes.
RSI hovers near the sales lands, but it is just a warning and not a purchase signal in the absence of upscale confirmation. The expression “Add zero” describes a decrease in prices that adds a new decimal place, in other words, SHIB has decreased to less than $ 0.00001,000. This level may be broken sooner and not later if the current sale pressure is not stopped.
The possibilities are still stacked against the additional downside unless SHIB is tested significantly with confirmation of size or a great catalyst. As of now, the Meme currency is not stimulated by noise, an important problem in the bear market. Investors must be careful because SHIB is at risk of switching to a warning story instead of a success story.
Ethereum opportunity
Ethereum on the cusp of potential technical progress: create a golden cross. The setup grows more likely every day as the moving average approaches for a 50 -day moving average for 200 days. The intersection is likely to happen unless there is a great correction in the ETH next week, which historically indicates the beginning of the upward trend from mid to long -term.
ETHEREUM, which is currently circulating at about $ 2521, has proven very flexible despite the recent fluctuations of the market. After healing from the bottom edge of a clear upward channel, the original continued to trade above 100 EMA. This recovery was not an accident. Rather, it works as an additional evidence that these areas are still seen by players on the market as good places to accumulate.
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With no large sales in recent days, the size is still fixed and the relative strength index is just less than 50, providing a neutral breathing space for the accumulation of potential momentum. Ethereum foundations still contribute to installing investor morale.
The story is further fuel than Golden Cross. Although there is no guarantee of immediate aspects, this style often indicates a change in the sense of average direction. The bullish intersection is almost certain if Ethereum remains higher than the decisive support level between $ 2,450 and $ 2500 and remains out of the decline from 100 EMA.
Emphasis indicators include investors in green days, RSI above 50, and closes a solid over $ 2600. This may mean that Ethereum not only acquires traction, but also sets the basis for penetration in the long run, and may reach $ 3000 during the next month. If verified, the golden cross may be the catalyst.
