Shiba Inu, Ethereum, and Solana Price Analysis After Thursday's Retracement: What's Next?
Interested in how Shiba Inu (SHIB), Ethereum (ETH), and Solana (SOL) are performing after the recent market pullback? This analysis breaks down their price action and identifies key levels to watch in the short term. Here’s how SHIB, ETH, and SOL fared post yesterday’s decline and which levels should be gauged over the short-term.
Shiba Inu (SHIB) Price Analysis: Critical Level Ahead?
Dog-theme token Shiba Inu retraced by 11% following a period of modest gains. After a brief surge in value, Shiba Inu has retreated. The asset initially broke above the 26-day exponential moving average (EMA), a crucial resistance level, but failed to sustain the momentum. SHIB Price Action: Holding Support After Modest Gains, Resistance Ahead.
Shiba Inu at critical level. With its price hovering around the 200 EMA, a level frequently used as a long-term trend indicator, Shiba Inu is nearing a pivotal turning point. Will it hold or break down further? SHIB’s price moved within a daily range of $0. to $0. . Early trading saw...
Want to dive deeper? Calculate Shiba Inu's price in Ether by inputting your desired amount on CoinGecko’s SHIB to ETH converter. Track its historical price movements on the SHIB to ETH chart, and explore the correlation between SHIB and ETH performance.
Ethereum (ETH) Price Analysis: Building an Upward Trend?
Ethereum has successfully started an upward trend, and the price of the second largest asset on the market has now reached the $3,400 threshold. However, if the price reaches $3,500 again, will it break through? Following recent price declines, two top crypto coinsShiba Inu (SHIB) and Ethereum (ETH)are finding it difficult to pick momentum. While Ethereum’s price challenges...
For Ethereum, a key support level is currently at around $2,850, which has been tested recently. If this level holds, it can be the foundation for a new push upward. On the other hand, a break below this level could signal further downside.
Solana (SOL) Price Analysis (Coming Soon!)
Check back soon for an in-depth analysis of Solana's price action after Thursday's retracement!