**Shiba Inu Struggles with Key Support Levels Amid Bearish Trends**
- Shiba Inu (SHIB) is facing potential price declines as it tests critical support around $0.00002476. The descending triangle pattern and bearish technical indicators hint at a continuation of the downward trend. While trading volume has decreased, indicating reduced selling pressure, significant buying interest is necessary for recovery. The Relative Strength Index (RSI) near 44 suggests a possible price bounce, but market sentiment is crucial. Investors should closely watch the $0.00002310 support level.
**Ethereum's Stability and Potential for Upside**
- Ethereum’s price remains stable near $3,700, suggesting a potential rise to $4,000. This stability might lead to increased inflows and a return above the $4,000 mark. However, a drop below $3,700 could see the price decline to the $0.00001940 support level (200 EMA). The 50-day moving average supports Ethereum’s stabilization, indicating potential future gains, but the broader market outlook remains significant.
**Solana's Possible Reversal**
- Solana (SOL) is showing signs of a potential reversal, with support around the 26-day exponential moving average (EMA) at $163. The 50-day moving average turning upward suggests the start of a new uptrend, but breaking through the $170 resistance level is crucial for confirming a long-term bullish reversal. Volume analysis and an RSI around 50 indicate neutrality, but current support levels provide a positive outlook for future gains.$BNB
Source: u.today
