SHIB price stagnant, Solana at support level, Bitcoin faces resistance at $60,000

From Investing.com

August 19, 2024 12:00:20 am:

SHIB price remains stagnant with minimal volatility around $0.000013, lack of significant whale activity contributes to the stagnation. Break above $0.000013 resistance could spark more buying interest and increase overall market momentum towards $0.000018. Positive flows into altcoins expected from trends in ETFs.

Solana resting at critical support level of $140, 200-day EMA, potential for sharp pullback dependent on overall market sentiment. Possible rebound to resistance levels at $151 if market turns optimistic, failure to hold above 200 EMA may lead to losses aiming for $130. RSI shows neutral trend for Solana.

Bitcoin breaks $60,000, faces obstacles to maintain stability. 50-day EMA coincides with $60,000 resistance level, uncertainty in broader market sentiment and selling pressure at $60,000 mark pose challenges for Bitcoin’s upward momentum. Failure to break above $62,000 resistance may result in decline back towards $58,000 level.

Read more at Investing.com: When Will It Wake Up? Solana (SOL) on Reversal Support, Is Bitcoin (BTC) Finally Safe on $60,000? By U.Today