📈 Analysis and Prediction (SHIB and MNT):

👍 #SHIB/USDT - Technical analysis on the weekly timeframe indicates that since August 2022, the price of #shib has fallen below the descending trend resistance line. The decline led to a minimum of $0.0000054 in June 2023. After several unsuccessful attempts to break through, Shiba Inu finally rose above the descending trend resistance line. At that point, the resistance had persisted for just over 480 days. After the breakthrough, the price reached a maximum of $0.000011 and started to fall again. However, last week, SHIB confirmed the trend line as support and rebounded. Forecast: The daily chart leans towards a positive trend. Price action shows that SHIB has been trading inside an ascending parallel channel since June 2022. Movement within the pattern led to a maximum of $0.0000119 on December 17, 2023. The rise confirmed the channel resistance line and initiated a downward movement. During the decline, the meme coin's price dropped below the channel's midline, and the RSI fell below 50. However, on January 8, Shiba Inu formed a bullish candle, rising above the minor support at $0.0000092. If the asset holds above this level, it could grow by 27% to the channel resistance line at $0.0000123.

🚀 #MNT/USDT - Well-known crypto traders and analysts remain optimistic about the future trend of MNT. Forecast: Technical analysis on the six-hour timeframe indicates that the price of #mnt will continue its parabolic rise. This is related to the wave pattern: the most likely calculation suggests that the asset is in the third wave of a five-wave growth. A 1:1 ratio of the first and third waves will lead to a maximum of $0.93, which is 17% higher than the current price. However, since the third wave often expands, it may reach a length of 1.61 times the first wave at $1.14.

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