Positive

From Investing.com

January 11, 2025 01:00:20 AM:

SHIB’s price shows signs of a potential recovery with a double-bottom pattern testing support at $0.00002164 near the 200 EMA. A breakout could target resistances at $0.00002294 and $0.00002314 before reaching $0.00002550. Low volume suggests more market participation is needed to confirm the reversal, with key support at $0.00002079.

Ethereum’s market cap is rebounding, up 2.83% to $3,310 after holding the crucial 200 EMA support at $3,108. Bullish sentiment grows as ETH nears the 100 EMA at $3,265, eyeing resistance at $3,500 and $3,700 for long-term recovery. A bounce from recent lows signals potential upside, supported by increased volume.

Bitcoin gains momentum as trading volume rises, up 2.41% to $96,949. Reaching short-term resistance at $97,500 could pave the way for a retest of $100,000. A neutral RSI at 48 allows for further upside, with key support at $92,000. Rising volume indicates renewed buying interest, with potential correction levels at $87,500 and $78,124.

Read more at Investing.com: Ethereum (ETH) Price Finally Retraces, Shiba Inu (SHIB) Double-Bottom Reversal In, Bitcoin (BTC) Volume Spike Propels Bullish Moves By U.Today