This is the last opportunity for XRP, SHIBA Inu (SHIB) has lost another level, bitcoin (BTC) the bulls here
When XRP tests the SIA moving medium for 200 days, a long -term decisive support level that served as a base for reversals throughout the history of assets, it is at a pivotal point. The pressure increases, and a large declining cycle can be turned on if this line is not preserved.
A strong bounce during the day of 200 EMA indicates that buyers are still defending this level because XRP is currently trading approximately $ 2.16. But the possibility of a very real collapse. The following weighted support zone, which is dangerous and about $ 1, will mainly reduce XRP value to half of its last highest levels if the original is decisively lost.
This is the last real opportunity for XRP to rise before it drowns in a landfill on its current level. With the formation of its highest levels regularly and a clear descending triangular style, the price procedure over the past few weeks has already been weak. Anxiety increases more by a decrease in size, which shows that even as the original approaches a decisive price point, the number of participants express his interest.
RSI is referred to a neutral but somewhat declining bias, which is currently less than 45 years old. On the other hand, the reflection pattern may start if the bulls are able to push XRP over a set of resistors about $ 2.25 -2.26 dollars, including EMA 50 and 100 levels. This would reduce some pressure and may revive the momentum in the direction of $ 2.50 and higher.
Sheba Eno drowning
With a sharp drop below the decisive horizontal support level, which was a solid foundation for many of the previous reversions attempts, the Shiba Inu got another success. The price, which is now circulating at about $ 0.00001230, has decreased to without supporting the local trend line, indicating a sharp decrease in the market feeling in the short term. Technical composition displays a related image.
Classic landmark, the original is currently being traded with beams less than 50, 100 and 200 Emas, indicating the three averages to the bottom. Above all, the decrease towards the next psychological and structural support level, which is close to $ 0.00001,000, has become possible due to the loss of mid -May support, which is about $ 0.00001300. The large trading volume coincided with this last collapse, confirming the pressure on the sale side.
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According to RSI readings, which are currently in 43 years, SHIB is approaching the sales lands, but there is a possible negative aspect before the possible reflection is possible. From a wider angle, Shiba Inu has been detained in a long -term direction since its peak in late 2023, and it only serves the last price movement to confirm this trend.
Sellers maintain control if there are no new stimuli, whether technical or basic, to enhance demand. In the next few days, momentum traders may accumulate with short situations that speed up to $ 0.00001,000 if SHIB cannot recover and close it over the $ 0.00001300 area.
Shiba Inu may either be a stage of recovery in the middle of the period or continue to decrease towards its lowest levels over several months depending on how the price responds to this level, which is a psychological threshold and the previous active demand area. Caution is still recommended at the present time. It is clear that Shayb has lost another important foothold, and the climb will be more difficult than before.
Bitcoin settles
After a sharp decrease in the last heights approximately $ 112,000, it seems that Bitcoin has settled, and landed directly over EMA for 50 days. The price is currently being traded at about $ 104,000, and the strong bounce inside the day indicates that the bulls are not fully prepared to give up. Technically, 50 EMA is used repeatedly as a dynamic support level, and Bitcoin is its respect for a quick recovery.
After cooling from excessive conditions in the peak, momentum indicators like RSI are now from a neutral area, indicating that there may be more upward trend. However, Bitcoin’s position on 26 EMA may add more conspiracies. This short -term average can be a starting point for a quick relief, if it is decisively transferred above. Bitcoin may re-test at $ 107.00-108,000 dollars if buyers enter with size.
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This apostasy, however, does not mean that there is no obstacle on the way. In order to verify a large reflection, the price must retain 50 EMA and recover 26 EMA in the upcoming sessions. Failure to do this can return to the decisive technical and psychological support level at $ 100,000, which also coincides with the level of horizontal resistance that turned to the level of penetration in April.
The size is still a problem. There is a reason to question the market’s commitment to this recovery, given that the last height did not coincide with the remarkable expansion. We will have to see EMA levels that determine the morale until Bitcoin breaks either to less than $ 100,000 or increases in size. It is not clear whether the short -term recovery in Bitcoin will turn into a complete or just dead cat. The bulls of the gas have not yet run out, and bitcoin returned to the game.
