Avalanche price analysis #Avaxđ„đ„
The bulls tried to push AvalancheÂ
$22.95
 above the 50-day SMA ($24.72) for the past two days, but the bears held their ground.
The 20-day EMA ($23.62) has started to turn down and the RSI is just below the midpoint, indicating a minor advantage for the bears. If the price continues lower, it is likely to find support near $19.50.
On the contrary, if bulls push the price above the 50-day SMA, it will suggest the formation of a higher low. That will increase the likelihood of a rally above the descending channel. The AVAX/USDT pair may then rally to $33.
Shiba Inu price analysis #SHIBAUSDT
The weak bounce off the uptrend line in Shiba InuÂ
$0.000014
 shows a lack of aggressive buying by the bulls.Â
The bears will try to take advantage of the situation and sink the price below the uptrend line. If that happens, the SHIB/USDT pair could drop to $0.000012. This is a crucial level for the bulls to defend because a break below it may pull the price to $0.000010.
On the upside, the bulls will have to drive and maintain the price above the 50-day SMA ($0.000015) to suggest that the selling pressure is reducing. The SHIB/USDT pair may then climb to the breakdown level of $0.000020.
