It's Big & Big #predictons About $SHIB , $ETH & $SOL !!!
Critical State of SHIB, Ethereum (ETH) to Hit $4,000? Solana (SOL) Might Show Massive Reversal Soon
Shiba Inu is on the verge of losing some important ground for the price, and it may lead to some serious issues for the token.
However, there are some support levels below the aforementioned support. Luckily, the volume is descending, which, in case of a dropping price, is a good sign for the asset.
There is a worrying trend in the SHIB technical indicators. The price has been attempting to maintain a higher level above $0.00002476 while testing the lower bounds of its current trading range.
This scenario implies the possibility of a further decline in SHIB should it be unable to hold its position above these support levels. Another bearish signal on the chart is the descending triangle pattern, which usually indicates that the downward trend will continue.
Ethereum stays put
Ethereum could be on the verge of hitting $4,000 as the price remains stable and does not drop below the bottom of the trading channel at around $3,700.
Luckily, that fact brings us closer to the potential return above the $4,000 threshold and the upcoming surge of inflows to Ethereum. But, of course, always keep in mind the broader market perspective.
Solana's reversal plan
Solana could be closer to a reversal than you may think. The price of the asset has secured a placement at around 26 EMA, which acts as a trendline support for now. Hopefully, the price of SOL will be able to regain some momentum and finally show us the possibility of a reversal.
The price action in Solana is creating what appears to be a bullish setup on the chart. Around $163, the 26-day moving average (EMA) is a strong support level that the price is presently trading above. This support has remained stable, halting additional drops and indicating that buyers are intervening at this point.
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