Toncoin Will Hit $8 If This Happens, Shiba Inu (SHIB) Is Anemic: Is It Good or Bad? Bitcoin (BTC) at a critical moment reaches 63,000 USD
1️⃣ Toncoin (TON) Outlook
Resilience in the context of market decline:
- Toncoin (TON) remains strong despite the bear market, largely due to its integration with Telegram, which aids its growth. Trading at around $7.69, Toncoin is showing positive technical signs. The 50, 100, and 200-day EMAs are all rising, showing that an uptrend is underway. Breaking the resistance at $7.81 could push the price to $8, suggesting strong bullish momentum. Volume analysis supports this and the RSI at 57 suggests there is plenty of room for growth before reaching overbought conditions.
2️⃣ Shiba Inu Performance ($SHIB )
Decreasing volatility:
- Shiba Inu (SHIB) is trading around $0.000017, with minimal volatility due to market risk aversion. The weak performance reflects the broader #MarketTrends, with trading volume falling and the RSI low at 34. SHIB tries to break out of its range, with resistance at the 50, 100 and 200 EMAs day.
3️⃣ Update Bitcoin (BTC)
Positive reversal:
- #Bitcoin☀️ recently surpassed $63,000, indicating a possible upside reversal from the previous decline to $58,000. This positive movement could boost overall market sentiment.
👉 Toncoin shows resilience and bullish indicators, Shiba Inu is struggling with low volatility, and Bitcoin's recent gains indicate a positive change in market sentiment.