$PHA For the PHA price prediction for the next 24 hours, the analysis is based on the current technical data and market movement:
1. Support and resistance levels:
Major support: $0.320
Minor support: $0.305
Major resistance: $0.350
Minor resistance: $0.370
2. Price predictions:
If the resistance level at $0.350 is broken with strong trading momentum, the price is likely to reach $0.370 or higher.
In case of strong selling pressure and breaking the support level at $0.320, the price may drop to $0.305.
3. Important technical indicators:
Relative Strength Index (RSI): If it stays in the 40-60 area, the market is neutral. Any exit to 70+ may indicate a rise, but if it falls below 30, there may be a strong decline.
Volume: If the volume increases significantly, a strong price movement may follow.
4. General Expectation: Bullish scenario: If the market stabilizes and breaks the resistance, the price may range between $0.350 and $0.370. Bearish scenario: If the buying momentum weakens, the price may move between $0.320 and $0.305.
Bitcoin is consolidating, but within the framework of correction. This phase may last for a long time, as the market awaits Trump's inauguration and the actions of politicians. Disappointment may lead to a deeper correction, for example to 70 km, and positive preconditions will become an elevator engine.
Scenario: the price has no direction, the market is neutral, in consolidation, but globally we have an upward trend.
Since we have no direction, we can trade from its limits. It is worth paying attention to 92k and 100k - the limits of consolidation.
Idea: Accordingly, now the price is heading towards resistance and there is no reason to break it. We are waiting for a false breakdown and a further fall to 92k
On the monthly frame, we will find that the currency has given up the pressure that was after the Corona period, and this is a good indicator for the beginning of the year. If you notice that it is difficult to return to the previous point of the chart, it is clear that the old trend has closed. God willing, deals like this should not be compensated because they are taken from the beginning. If you notice, you will find the df# Working with itself and its directions are different. I hope my prediction is correct that this currency will start building upward charts in the coming months. It is also excellent for those who want to store a currency. And God knows best. But be careful
Most popular digital currencies 1. Bitcoin: The first and most popular digital currency, launched in 2009. 2. Ethereum: Provides a platform for creating decentralized applications in addition to being a digital currency. 3. Ripple: Mainly used to transfer money between financial institutions. 4. Litecoin: It is characterized by faster transaction processing compared to Bitcoin$BTC $ETH $LIT
“Can SHIB reach $1?” Shiba Inu ($SHIB) is a popular cryptocurrency among crypto investors, and some believe it could be a great opportunity to make big profits if its value increases significantly. The question of whether SHIB will reach $1 depends on several factors: 1. Supply size: SHIB has a very large amount of tokens available (trillions), which makes reaching $1 require a huge market capitalization that exceeds the total value of the current cryptocurrency market. 2. Burning: Continuous burning of tokens can reduce the available supply, which could increase its value if demand for it increases. 3. Public acceptance: Increasing adoption of SHIB as a means of payment or in economic projects can support its value. 4. General market movement: The success of major cryptocurrencies such as Bitcoin and Ethereum could affect the SHIB market positively or negatively. Currently, $SHIB reaching $1 seems unrealistic unless there are radical changes in the market, such as very large burns or widespread global adoption.