Finally Shiba Inu (SHIB) on Verge of Breakthrough, Solana (SOL) to Get Squeezed, Is Bitcoin (BTC) Getting out of Downtrend? By U.Today
From Investing: 2024-05-15 00:30:23
SHIB has broken out of a descending triangle pattern with increased buying volume. Key support levels are at 0.000021 and 0.00001817, while resistance levels are at 0.000024 and 0.000026. The 50-day moving average is above the 100-day moving average, indicating a bullish crossover in the medium term.
SOL is trading in a narrow range with resistance at $157 and support at $140. The RSI is neutral at 48, and volume bars show decreased activity. Key support levels are at $140 and $116, while resistance levels are at $157 and $170. A breakout with strong volume could confirm a bullish trend.
BTC is consolidating between the 50-day EMA and 100-day EMA, signaling a potential significant move. A break above $62,000 could indicate a bullish reversal, while failure to do so may result in further correction. The RSI is neutral at 44.98, with declining volume hinting at an impending breakout.
Read more at Investing.com: Finally Shiba Inu (SHIB) on Verge of Breakthrough, Solana (SOL) to Get Squeezed, Is Bitcoin (BTC) Getting out of Downtrend? By U.Today