- Shiba Inu (SHIB) needs a 250% rise to hit its all-time high (ATH), with the cryptocurrency currently trading above important price levels at $0.000021.
- Ethereum is struggling to hold above $3,000, with technical signs pointing to a pause in price rises, but price supports remain firm, and daily trades have reached new highs, showing strong market interest.
- Solana’s recent price moves above $210 might pull back soon, but strong support exists at $177, and the 50-day average sits at $162, with market signs suggesting prices will move sideways for a while.
Shiba Inu needs to climb 250% to reach its all-time high price again. Meanwhile, Ethereum is struggling to stay above $3,000. Solana’s recent price action is also affecting the broader crypto market.
Shiba Inu’s Path to ATH and Ethereum’s Stability
Shiba Inu has broken through key resistance levels, moving past the 50-day and 100-day moving averages. The $0.0000021 price level must hold for SHIB to continue moving up. While reaching $0.0000030 won’t be easy, markets suggest it’s possible. Trading volume and activity show growing interest in SHIB at current prices.
Ethereum is trading around $3,134 as large investors sell holdings. While technical signs point to a pause in ETH’s rise, price supports remain strong. Trading activity has reached new highs, evidencing strong market interest. Price charts show ETH is at a key point for staying above $3,000, which market watchers note is important for future movement. Large investors continue actively moving funds.
source: coingecko
Solana’s Influence
Solana’s price above $210 may soon pull back. Strong support exists around $177, near the 50-day average of $162. Signs suggest sideways price action for now. Recent jumps brought in more traders, with high volumes indicating increased market participation at current levels.
Market Outlook
Interest is growing in altcoins, technically supporting SHIB’s recovery. But reaching its all-time high requires strong, continued buying. Recent breaks past resistance help upward moves.
Traders are hopeful but cautious as activity builds across major exchanges. Volumes show growing interest, and indicators point to more upside if support levels hold. Despite crypto volatility, market momentum appears strong.
Conclusion
Shiba Inu has made technical progress but still faces challenges reaching its historic high. Ethereum looks to maintain crucial price levels amid shifts in investor behavior. Solana and the broader altcoin market continue seeing new participants. With technical indicators encouraging, though markets remain volatile, crypto’s future path stays uncertain but optimistic.
