๐Ÿ“ˆ Analysis and Prediction (SHIB and BCH):

#shib - The price of Shiba Inu (SHIB) is trading within a long-term range between $0.0000060 and $0.0000080. During the decline, Shiba Inu broke the horizontal support area at $0.0000080, confirming it as resistance. Shiba Inu is trading at the upper part of a descending parallel channel. Such patterns are considered corrective, and the movement within them usually ends with a breakout. The fact that SHIB is at the upper part of the channel further confirms this possibility. In case of a breakout, Shiba Inu may rise by 30% and reach the long-term descending resistance line at $0.0000095. However, the bullish forecast would be invalidated if SHIB fails to break above the channel's resistance line. In that case, the most likely scenario would be a 12% drop to the nearest support at $0.0000065. ๐Ÿ“‰๐Ÿš€

#bch - On-chain data shows that on September 27th, the number of transactions exceeding $100,000 reached 361. This is the highest level of trading activity by whales recorded since August 7th. An increase in the number of large transactions is usually seen as an important bullish signal. Furthermore, they significantly increase market liquidity, allowing traders to execute orders at favorable prices. In case of a breakthrough of the resistance level from 1.15 million addresses that purchased 2 million coins at an average price of $280, there will be no obstacles on the way to the $300 mark. ๐Ÿ“Š๐Ÿ’ฐ

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