Bitcoin's price performance worries investors as 2024 ends, potential for more declines in 2025

From Investing.com

January 1, 2025 12:30:19 AM:

Bitcoin’s price performance worries investors as 2024 ends, losing main support at the 50 EMA. Bearish signal triggers potential for more declines in 2025. Next support levels at $76,160 and $85,457 crucial for stability. Recovery unlikely without strong buying pressure, RSI trending lower, institutional demand lacking. Market needs catalyst for improvement.

Shiba Inu hits significant support level at 200 EMA, signaling potential change in momentum. Weak demand and selling pressure make recovery difficult. Volume profiles declining, RSI in oversold territory, psychological zones at $0.000020 and $0.000018 key levels to watch. Bulls need to regain control to prevent further losses.

XRP struggles to maintain $2 support level due to investor hesitancy and fading momentum. Failure to recover above $2 indicates potential change in sentiment for 2025. Approaching 50 EMA as first significant support level, critical for determining recovery or prolonged correction. Market conditions and investor sentiment crucial for future trajectory.

Read more at Investing.com: 2025 to Begin With Crash? Shiba Inu (SHIB) Hits Critical Level, XRP Struggles to Hold Above $2 By U.Today