🔥🔥🔥 #Ethereum 's (ETH) $4,000 Is New Goal, Shiba Inu ($SHIB ) to Explode in Symmetrical Triangle, Cardano ($ADA ) on Verge of Reversal
Ethereum (ETH) appears to be forming an ascending channel pattern, suggesting a potential climb towards $4,000. The lower line acts as support around $3,072, while the recent resistance at $3,500 is a crucial level to watch. A breakout above $3,500 could lead to higher resistance levels, aiming for $4,000. However, a dip below $3,072 might prompt a reassessment of the #bullish scenario.
Shiba Inu (SHIB) is showing signs of potential volatility surge as it nears the apex of a symmetrical triangle formation. The breakout direction from the triangle, with upper boundary at $0.00002776 and lower support at $0.00002515, will determine the next price movement. Upside breakout could target $0.00002987, while downside breakout may find support at $0.00002236.
Cardano (ADA) is approaching a pivotal level around $0.57, historically strong support. A rebound from this level could target $0.62 resistance, with potential rally towards $0.65. Failure to hold $0.57 support might lead to further declines, with significant support near $0.5266. A bounce from current levels, accompanied by increased trading volumes and positive sentiment, could indicate readiness for a climb, potentially retesting recent highs.
Source - u.today