Increasing whale activity and trading volume suggest a bullish trend for SHIB, while SOL faces potential reversal.

From Investing.com
October 30, 2024 01:00 AM:

Shiba Inu (SHIB) is showing signs of a potential reversal with a surge in whale activity, hitting 3.73 trillion SHIB in transactions and 170 large transactions in the past 24 hours. This increase in trading volume and whale activity may indicate a bullish trend ahead for SHIB.

Solana (SOL) is approaching $180 but faces a potential reversal as the Relative Strength Index (RSI) shows a divergence pattern, signaling weakening buying momentum. Possible support levels to watch for are around $161 and $144 if SOL faces a pullback due to overextended conditions.

Bitcoin breaks through $71,000 for the first time since 2021, sparking optimism in the market and indicating a strong breakout. The milestone inspires investor confidence and signals a shift in momentum, with potential resistance at $75,000 and further targets at $69,000 and $80,000. The rising Relative Strength Index suggests continued growth for Bitcoin.

Read more at Investing.com: Is Shiba Inu (SHIB) Uptrend Over? Solana (SOL) RSI Paints Problematic Pattern, Bitcoin’s (BTC) Next Resistance: $84,000 By U.Today