From Investing.com: 2024-06-07 01:00:25

Bitcoin recently broke $70,000 but shows a warning double top pattern near $71,900, signaling a possible downturn, supported by RSI and trading volume analysis. Market sentiment remains positive, supported by widespread Bitcoin acceptance. Key levels to watch are $70,000 support and $71,900 resistance for further trend confirmation.

XRP is showing positive movements, inching towards 100 EMA resistance. Current consolidation at 50 EMA suggests a decisive move is imminent. RSI neutrality and stable trading volume indicate a potential breakout. Key levels to monitor are 50 EMA support and 100 EMA resistance for future price direction.

SHIB’s price is up, with strong support at 50 EMA. Resistance at $0.000027 may be tested soon with upward momentum. RSI neutrality suggests room for growth. Stable trading volume indicates market equilibrium. Key levels to observe are 50 EMA support, $0.000027 resistance, and break above 200 and 100 EMAs for bullish confirmation.

Read more at Investing.com: What’s Next? Shiba Inu (SHIB) on Path to Victory? By U.Today