🔴$AVAX $SHIB $BCH Technical Updates & Analysis 🔴
Avalanche (AVAX)
Avalanche is currently trading at $26.09, showing a 3.23% decrease. The major support level for AVAX is at $25.00, while the resistance level to watch is at $28.00. Known for its high transaction throughput and fast finality times, Avalanche aims to rival Ethereum in the smart contract space. Its market cap of $317.46 million reflects its significant role in the DeFi ecosystem.
Shiba Inu (SHIB)
Shiba Inu is trading at $0.00001644, with a 1.56% decrease. The major support level for SHIB is at $0.00001550, and the resistance is at $0.00001750. As a meme coin, Shiba Inu has gained popularity due to its vibrant community and high-profile endorsements. Its market cap of $212.34 million highlights its presence in the crypto market. Future developments, such as token burns or new use cases, could impact SHIB’s price.
Bitcoin Cash (BCH)
Bitcoin Cash is currently priced at $424.30, having decreased by 2.66%. The major support level for BCH is at $410.00, while the resistance is at $450.00. Created as a fork of Bitcoin, Bitcoin Cash aims to increase transaction speed and scalability. Its market cap of $526.29 million underscores its importance in the cryptocurrency space. Investors should watch for any changes in market sentiment or regulatory news that could affect BCH’s price.
