💥💥💥 Brutal $60,000 Bitcoin ($BTC ) Reversal, Shiba Inu (SHIB) to Lose 13% in Next Few Days, Solana (SOL) Will Start Further Growth From $135

Bitcoin Faces Resistance Below $60,000

Bitcoin is struggling to stay above $58,409, with resistance at key EMAs: $58,165 (200 EMA), $60,487 (50 EMA), and $62,667 (100 EMA). The RSI is at 37, suggesting it is nearing oversold conditions, but a recovery seems unlikely without increased buying pressure. Bitcoin's inability to surpass $60,000 underscores its critical psychological resistance and prevailing bearish sentiment.

Shiba Inu Experiences Reversal

Shiba Inu has retraced from its peak of $0.000017 to $0.00001608, facing resistance at the 50 EMA. With an RSI of 40 and declining trading volume, SHIB is approaching oversold territory. Immediate support is at $0.000015, with a potential drop to $0.000014, representing a 13% decline if the bearish trend persists.

Solana Retraces Amid Market Correction

Solana is retreating from its recent high near $146, struggling to break the $150 mark. It is currently above the 200 EMA at $139, which may act as support. Resistance levels are at the 50 EMA ($141) and the 100 EMA ($146.35). With an RSI of 47 and stable trading volume, Solana might see a rebound if buying pressure increases, potentially pushing through resistance to target $150.

Source - u.today

#CryptoMarkets $SOL $SHIB #BinanceSquareBTC #CryptoTrends2024