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Vladislav Hryniv
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đŸ’„ U.Today: $SHIB Analysis Currently, SHIB is trading around $0.00002824, but if the double bottom pattern plays out as many hope, we could witness a climb toward the $0.00003 mark. The pattern is typically confirmed when the price rises above the resistance level that marks the top of the "W." For SHIB, this resistance is presently seen at $0.000029, just above the recent highs. A successful break above this level could indeed be the rally's lifesaver, pulling SHIB out of its recent price dips and setting it up for a significant recovery. However, for this bullish scenario to hold true, SHIB must not only break past this resistance but also maintain the momentum to confirm the reversal is genuine. If SHIB can sustain the price above the double bottom's peak, the next target would be the resistance level at $0.00003. Surpassing this resistance could attract more buyers and potentially fuel a more robust rally. On the downside, if SHIB fails to uphold the momentum and falls beneath the double bottom's support level at $0.00001989, the likelihood of a strong reversal diminishes. Such a move could signal that the market is not ready for a rally yet, and SHIB could see further consolidation or even a dip before any potential uptrend materializes. For now, Shiba Inu is in a consolidation state, and it is too early to tell whether or not Shiba Inu is going to have a bullish future. If we are lucky enough, the aforementioned pattern plays out and we see a reversal. #SHIBđŸ”„đŸ”„

đŸ’„ U.Today: $SHIB Analysis

Currently, SHIB is trading around $0.00002824, but if the double bottom pattern plays out as many hope, we could witness a climb toward the $0.00003 mark. The pattern is typically confirmed when the price rises above the resistance level that marks the top of the "W." For SHIB, this resistance is presently seen at $0.000029, just above the recent highs.

A successful break above this level could indeed be the rally's lifesaver, pulling SHIB out of its recent price dips and setting it up for a significant recovery. However, for this bullish scenario to hold true, SHIB must not only break past this resistance but also maintain the momentum to confirm the reversal is genuine.

If SHIB can sustain the price above the double bottom's peak, the next target would be the resistance level at $0.00003. Surpassing this resistance could attract more buyers and potentially fuel a more robust rally.

On the downside, if SHIB fails to uphold the momentum and falls beneath the double bottom's support level at $0.00001989, the likelihood of a strong reversal diminishes. Such a move could signal that the market is not ready for a rally yet, and SHIB could see further consolidation or even a dip before any potential uptrend materializes.

For now, Shiba Inu is in a consolidation state, and it is too early to tell whether or not Shiba Inu is going to have a bullish future. If we are lucky enough, the aforementioned pattern plays out and we see a reversal.

#SHIBđŸ”„đŸ”„

Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesoría financiera. Lee los TyC.
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👀 According to AMBCrypto: $RNDR 20% Surge Halts Though these aforementioned metrics looked bearish, things might turn out to be different. Popular crypto analyst Crypto Tony recently posted a tweet mentioning how he expects an AI tokens season to arrive. To check whether that possibility is likely to happen in the short-term, AMBCrypto then took a look at RNDR’s daily chart. As per our analysis, the MACD displayed a clear bullish upperhand in the market. Its price was also resting well above its 20-day Simple Moving Average (SMA), which can be inferred as a bullish signal.  Nonetheless, the rest of the indicators suggested otherwise. For example, the token’s price touched the upper limit of the Bollinger Bands, which often results in price corrections. The Chaikin Money Flow (CMF) also registered a sharp downtick and was headed under the neutral mark at press time. These two indicators hinted that Render bears were stepping up and might push the token’s price down in the near term. 
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đŸ”„ According to U.Today: $SHIB Reaches Important Level Shiba Inu has recently reached a critical support level at $0.000022. This price point is crucial for the asset as it has historically acted as both a springboard for upward movements and a barrier to prevent further declines. As SHIB hovers around this level, the potential for a significant breakthrough looms, possibly defining its trajectory in the coming weeks. The $0.000022 mark is not just another number on the chart; it represents a key psychological and technical level for SHIB. Technical analysis shows that SHIB has tested this level multiple times, making it a significant point of interest for traders and investors. A decisive move away from this level could signal a new phase for SHIB, potentially leading to a robust recovery or, conversely, a deeper retreat. One of the notable aspects of the current market condition for SHIB is the unusually low trading volume. This lack of volume indicates a period of consolidation, with many investors sitting on the sidelines, waiting for a clearer direction in the market. As highlighted in U.today's previous article, there has been a notable absence of large transactions, or "whale" activities, within the SHIB market. This absence of significant transactions from larger market players could be contributing to the low volume and the current price stagnation. Without the influence of whales, SHIB's price is less likely to experience the sharp spikes or drops that large transactions typically cause. Looking forward, SHIB's position at this critical support level, combined with its low volume, sets the stage for a potentially volatile breakout. If market conditions change, such as an increase in trading volume or return of whale activities, SHIB could quickly move beyond this level.
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đŸ”„ According to AMBCRypto Analytics: $WIF Price Prediction Validation of this bullish prediction could send WIF toward $3.65 for a start. In terms of the long-term targets, AMBCrypto analyzed the token from a technical point of view. On the 4-hour chart, the Supertrend flashed a buy signal (green) at $3. However, there was a sell wall (red) at $3.25. Previously, WIF has attempted to cross this resistance. However, bears rejected the move, leading the price back to being on the verge of a decline to $2.76. However, the Money Flow Index (MFI) showed that WIF might not drop that low. This was because the MFI reading was close to 60.00, indicating that a good amount of liquidity has flown into WIF’s side of the crypto market. If this reading continues to increase, the bulls can successfully break through the $3.25 resistance. However, the Relative Strength Index (RSI) was below the midpoint. But the reading showed signs that it could rise past 50.00, to validate the bullish momentum. Should this be the case, WIF could be a move that sets it toward $6.50. However, a highly bullish situation could drive the price of WIF to $10 in the long term. At the moment of report, WIF is trading at: - $2.8416 on KuCoin exchange - $2.8449 on WhiteBIT exchange - $2.839 on OKX exchange
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🚀 According to NewsBTC: $BTC Cash Price Revisits Support In the past few days, there has been a steady decline in Bitcoin Cash price like Bitcoin and Ethereum. BCH declined below the $450 and $440 support levels to move into a short-term bearish zone. A low was formed at $421 and the price is now consolidating losses. There was a minor move above the $430 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $457 swing high to the $421 low. Bitcoin cash price is still trading below $440 and the 100 simple moving average (4 hours). Immediate resistance on the upside sits near the $438 level. There is also a key bearish trend line forming with resistance at $438 on the 4-hour chart of the BCH/USD pair. The trend line is close to the 50% Fib retracement level of the downward move from the $457 swing high to the $421 low. A clear move above the $440 resistance might start a decent increase. The next major resistance is near $4502, above which the price might accelerate higher toward the $465 level. Any further gains could lead the price toward the $480 resistance zone. If Bitcoin Cash price fails to clear the $438 resistance, it could start a fresh decline. Initial support on the downside is near the $425 level. The next major support is near the $420 level, where the bulls are likely to appear. If the price fails to stay above the $420 support, the price could test the $400 support. Any further losses could lead the price toward the $384 zone in the near term.
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đŸ’” According to AMBCrypto: $PEPE Bullish Pattern is Set in Motion AMBCrypto reported earlier that PEPE was heading towards its ATH to retest that level. The trend continued as the meme coin came closer to testing its ATH. In fact, Crypto Tony, a popular crypto analyst, also pointed out this development in a recent tweet. As the meme coin was on track to test its ATH, its price increased by more than 3.6% in the last seven days. At the time of writing, the meme coin was trading at $0.000008732 with a market capitalization of over $3.67 billion. The possibility of PEPE going above its ATH seemed likely to happen in the coming days as a bullish ascending triangle pattern emerged. The meme coin’s price has started to consolidate inside the bull pattern since the 1st of April. At press time, it was on the verge of breaking out of the pattern. A few of the metrics suggested a successful breakout. For example, PEPE’s price remained above its 20-day Exponential Moving Average (EMA). The Relative Strength Index (RSI) also registered an uptick, hinting at a continued price increase. However, a few of the indicators suggest otherwise. The Chaikin Money Flow (CMF) registered a sharp decline. The Money Flow Index (MFI) also, after a comfortable rise, went down slightly, which might restrict PEPE from breaking above the pattern. 
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