Shiba

bullish

Solana

Shiba Inu

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The bullish technical pattern known as a golden cross, which can indicate a major increase in the value of an asset, is about to emerge for <a href="https://u.today/xrp-gears-up-for-biggest-breakout-in-price-history-crucial-bitcoin-security-warning-issued-by" rel="noopener noreferrer nofollow">XRP</a>. When a longer-term moving average like the 200-day EMA crosses above a shorter-term moving average like the 50-day EMA, this is known as a golden cross.
This crossover is frequently taken as a reliable sign of bullish momentum, indicating that there may be preparations for a long-term upswing in the asset. The price performance of XRP appears to be stabilizing on the current chart following some recent volatility. The 200-day EMA and the 50-day EMA are getting closer, which could soon result in the formation of a golden cross. <img alt="XRPUSDT" data-entity-type="file" data-entity-uuid="42b77f23-34b8-4850-b857-02c98ac2c2f9" src="https://u.today/sites/default/files/inline-images/image_1094.png"><a href="https://www.tradingview.com/" rel="noopener noreferrer nofollow">XRP/USDT Chart by TradingView</a>
Given that traders frequently use the golden cross as a signal to initiate long positions, if this pattern comes to pass it will probably draw in more buyers. Watch the key levels around $0.5364 and $0.5648 in the upcoming days. A golden cross is more likely if XRP can overcome these resistance levels while the moving averages keep converging. Higher targets such as retesting the $0.60 level and beyond could be reached by XRP if a confirmed golden cross is formed.
But because the market can be unpredictable, it is crucial to exercise caution. Even though it is a bullish indicator, the golden cross is not perfect. The price movement of <a href="https://u.today/xrp-skyrockets-175-in-fund-flows-as-ripple-ipo-buzz-intensifies" rel="noopener noreferrer nofollow">XRP</a> may still be impacted by outside variables and the general mood of the market. Before taking any action, traders should keep a careful eye on the circumstances and weigh any potential risks.
<h2 id="shiba-inu-remains-in-trouble">Shiba Inu remains in trouble</h2>
Though the <a href="https://u.today/shibarium-and-shiba-inu-adoption-stunning-correlation-unfolds" rel="noopener noreferrer nofollow">Shiba Inu</a> (SHIB) price has been steadily declining over the last few months, the chart indicates that a possible reversal may be approaching. For traders hoping to profit from the next move, it is essential to pinpoint the critical price levels at which SHIB may experience a shift in momentum.
At the moment, <a href="https://u.today/shiba-inu-shib-faces-reversal-at-0000015-will-price-plummet" rel="noopener noreferrer nofollow">SHIB</a> is trading close to the $0.00001357 mark. Although this area has served as a flimsy support, it has not shown enough strength to start a sustained rebound yet. Watch the $0.0001508 level for more compelling reversal traders. A break above this price could potentially mark the start of a new uptrend by indicating that SHIB has overcome a significant resistance level.
The mark of $0.00001621 is an additional crucial level to monitor. The 50-day EMA, which this price is in line with, may serve as a technical as well as a psychological barrier. In addition to confirming a short-term bullish trend, SHIB pushing past this level would raise the possibility of testing the next major resistance. Underlying this, the crucial support to keep an eye on is the $0.00001000 level.
A decline below this would probably negate any bullish momentum and might trigger additional drops. But the $0.00001824 mark, which represents the 200-day EMA that has historically been a strong resistance point, could be the next significant target if SHIB can sustain its current levels and begin to build upward.
<h2 id="solana-failed-to-break-through">Solana failed to break through</h2>
Recent attempts by Solana to break above the $150 mark were thwarted by resistance, which sent the price back down to $144. This rejection at $150 might be the first sign of a possible decline in price, which could see SOL fall below $100. But even though this denial at a crucial resistance level might seem alarming, it is important to take the larger market context into account.
Instead of going into a severe downturn right now, Solana appears to be starting a sideways trend. The price action indicates that although the bears have not yet fully taken control, the bullish momentum has weakened. As of right now, <a href="https://u.today/solana-sol-bounces-150-lies-ahead-will-ethereum-eth-face-death-cross-two-key-bitcoin-btc-price" rel="noopener noreferrer nofollow">Solana</a> is trading near the $144 mark, which serves as an immediate support level. Should this hold, Solana may consolidate in a range instead of experiencing a large decline.
The market may stay in this phase for some time if SOL does continue to move sideways, with $139 serving as a crucial support and $150 serving as a formidable resistance. Rekindling bearish sentiment and pushing the price closer to $100 is possible if there is a break below $139.
Nevertheless, this scenario appears less likely at this time, in the absence of a significant downward momentum. Conversely, a resumption of the uptrend may be indicated if Solana is able to gather itself and try to break through the $150 resistance again. To predict the likely next move, traders should keep an eye out for price action and volume spikes around these critical <a href="https://u.today/major-solana-sol-move-to-binance-what-are-whales-signaling" rel="noopener noreferrer nofollow">levels</a>.

XRP Golden Cross Coming, Shiba Inu (SHIB) Bull Market: Here's When and How, Was Solana (SOL) Denied at $150?

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