CandleFocus

Citigroup Analysts See ETH and SHIB as Key to Altseason Revival in 2025

Citigroup analysts believe that altcoins have the potential for growth in 2025, particularly Ethereum. They expect favorable policies to encourage investments in altcoins and predict that 2025 could witness the next "altseason," driving up prices for cryptocurrencies like Shiba Inu (SHIB). Currently, SHIB is experiencing a mild bearish trend, with resistance levels proving difficult to break. Key support is located around $0.00002100, while the immediate resistance lies at $0.00002150. The RSI suggests bearish momentum, but approaching oversold territory indicates a potential reversal. The MACD points to a bearish trend, but shrinking histogram bars suggest weakening momentum and a potential trend reversal in the future.

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