🔥 Price analysis 5/24: BTC, ETH, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
📈 Bitcoin Price Analysis: BTC reversed from $71,979 on May 21, dipping to the moving averages. If it rebounds strongly, it could reach $73,777 and potentially rally to $80,000 and $84,000. A drop below the moving averages could see it fall to $59,600.
📉 Ether Price Analysis: ETH dipped below $3,730, with a potential decline to the 20-day EMA ($3,313). A rebound may face resistance between $3,730 and $4,100, but clearing this zone could push it to $4,868.
📉 Solana Price Analysis: SOL fell from $189 and is testing $162. A drop below this could lead to $140. A rebound from $162 might push it to $189, and breaking this level could see a rally to $205.
📉 XRP Price Analysis: XRP shows volatility near moving averages. A drop below these and the support line could push it to $0.46. A rebound off $0.46 may extend consolidation, with a rise above $0.57 targeting $0.67 and $0.74.
📈 Dogecoin Price Analysis: DOGE is between the 50-day SMA ($0.16) and resistance at $0.17. A break above $0.17 could lead to $0.21, while a drop below $0.16 might see it slide to $0.13.
📉 Toncoin Price Analysis: TON struggles near the 50-day SMA ($6.12). A drop below this could lead to $5.57 and $4.72. A rise above $7.67 or a drop below $4.72 will determine the next trend.
📈 Cardano Price Analysis: ADA forms a symmetrical triangle pattern. Staying below the 20-day EMA could push it below the triangle to $0.35. A rise above the resistance line may lead to $0.57 and $0.62.
📉 Avalanche Price Analysis: AVAX dropped below $40 but held at the moving averages. A rise above $42 suggests buying on dips, targeting $50. A drop below the moving averages could lead to $34 and $29.
📉 Shiba Inu Price Analysis: SHIB re-entered a symmetrical triangle pattern. The flattish moving averages and neutral RSI show no clear direction. A drop below the support line could lead to $0.000017. A rise above $0.000027 targets the $0.000030 to $0.000033 resistance zone.