CandleFocus

Shiba Inu (SHIB): 250% Needed to Reach ATH, Will Ethereum (ETH) Hold Above $3,000? Solana (SOL) Might Enter Price Correction

Summary: - Shiba Inu (SHIB) still has a long way to go before reaching its all-time high (ATH), needing a further 250% price increase. - Recent bullish activity has raised SHIB above significant moving averages, indicating potential upward movement. - SHIB must hold support levels around breakout points to continue its recovery path. - Ethereum broke through the $3,000 barrier but struggles to maintain this level due to increased selling pressure from key players. - ETH's ability to hold onto this price point may determine its immediate future trend. - Ethereum's recent breakout above moving averages has propelled the rally, but the RSI suggests the upward momentum may be waning. - Solana (SOL) has seen strong gains but shows signs of slowing momentum, indicating a possible price correction. - SOL has risen above important moving averages, and a correction to these levels could be beneficial for buyers to reenter the market. - A pause or minor retracement in the upward trend is expected for SOL, and immediate support is at $177.

Related News