XRP has lost the main support, the surprise of Shiba Inu (SHIB) bounce, Solana (Sol) to $ 180 now possible
XRP is now trading at $ 2.18 after an official technical level is officially lost and the loss of support on the SISESESANS average for 50 days. This step indicates a significant change in momentum and creates the ability to re-test 200 EMA, which is currently the main defense line of the reinforcement and is located in the $ 1.99-2.00. XRP is short -term price procedure after several unsuccessful attempts to break the descending resistance line.
It is noteworthy that the benefit in purchasing and increasing exposure to the pressure of the additional downside by decline below 50 EMA, which is usually considered a dynamic support area. The most likely result is a slow decrease in 200 EMA, if XRP is unable to restore 50 EMA quickly. If it collapses, the next negative goal is about $ 1.74, as it provided its lowest local levels with strong support in early April.
However, the clean bounce of this level can be an axis for a larger recovery. On the other hand, a sharp increase of more than $ 2.18, followed by monotheism, can refute the decline and expectations expectations to move about 2.40 dollars and eventually $ 2.60, the upper range of the concession channel in which XRP has been detained since January.
The RSI (RSI) index currently revolves around the neutral level, indicating frequency, rather than excessive conditions or excessive conditions. When the decisive momentum is required to restore the lost land, the bulls are not assisted through the silent size. The bias will be landmark until XRP 50 EMA recovers and increased size.
Shayba Anu is getting weaker
Shiba Inu, despite the weakest weakest in the total market and the decrease in interest, showed flexibility by recovering from the level of decisive technical support that is close to $ 0.00001273, which is the 50 -day Si -moving average (EMA). Not all this apostasy is technical noise. It symbolizes the Shayb frequency in the collapse despite the fact that the size is still very low and that the investor’s confidence is unclear.
SHIB is currently trading above 50 EMA Mark at about $ 0.00001295. This line historically helped start small repercussions, and this time it seems not an exception. SHIB has the flexibility in moving in either direction because the RSI indicator (RSI) is in a balanced area, not in its sale or arm in the peak, in about 49 years. However, apostasy does not mean that we are safe.
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Since early January, the declining trend line has been a decisive level of monitoring. This was Trendline, currently near 0.00001350-0.00001400 dollars, as a reliable barrier for months. This is the battlefield where SHIB needs to show it if it hopes to make a large upward boost. The move towards the resistance of $ 0.00001623, the center may be 200 EMA and the main psychological level if the trend line is successfully broken.
However, if the market morale does not quickly turn up, the failure to penetrate this landfill can lead to another decline towards the support area. Now, everyone is watching to see if SHIB can maintain this apostasy and test the upper limit of the descending channel. The bulls are still in danger, but they have space for breathing until then. Things can quickly collapse again if the support is not provided.
Solana Road
The technical preparation is also proposed, with a possible rally towards a brand of $ 180, so Solana restores itself to another leg. The Daily Chart developing structure may be a classic upstream, indicating a continuation of the strong upward trend that was observed in April even in the face of the last monotheism and a clear decrease in trading volume. Sol is currently trading at about $ 144, just less than EMA for 200 days and a major resistance at $ 151.
It will be possible to re -test the highest levels of February about $ 180 if this level is broken. However, the size should increase sharply to confirm the penetration and avoid the bull trap. It is not enough to make the price alone. When the mobilization of prices follows a gradual decline movement or side movement, the count of the countdown during the formation of this flag is typical of the styles of unifying the rise. This stage often works as a cooling stage before a big driving step.
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The preparation can fail, especially as RSI indicators are moving less and fragmented that display the power of retreat if buyers do not interfere quickly. In addition, the support area has evolved about 133 to $ 135, which is also the site of the rising trend line that was extracted from the bottom in early April. The next defense line will be to pay attention to 50 EMA about $ 131 if Sol decreases below this area, which will nullify the flag.
As of now, cautious optimism is supported by the largest context of the market. Among the 1S layer, Solana was one of the best artists’ performance, and the ecosystem continues to draw attention due to its cheap drawings and high productivity. If feelings are improved in cryptocurrency markets, Solana may gain inappropriately and take the initiative.
