From Investing.com:

Shiba Inu (SHIB) price shows potential for reversal as it breaks below the 200-day EMA, signaling a possible entry point for investors. Historical patterns indicate strong buyer reaction to this level, but consistent selling pressure presents a challenge for sustaining gains.

Solana (SOL) experiences a significant breakdown, with a decisive exit from the previous uptrend. Intensified selling pressure and a shift in market sentiment suggest further declines unless a relief rally occurs due to oversold conditions or a positive market sentiment shift.

Ethereum (ETH) encounters substantial support at the 50-day EMA, historically acting as a pivot point between bullish and bearish territories. The decreased trading volume indicates a potential decrease in selling pressure, potentially leading to market consolidation and a bullish reversal.



Read more: Will This Shiba Inu (SHIB) Price Pattern Start Reversal? By U.Today