Shiba Inu (SHIB): Get Ready for Golden Cross, Solana (SOL) on Verge of Failing, Ethereum (ETH) Fights With Major Resistance Level
Author: Content Editor
Shiba Inu (SHIB) is showing signs of a possible breakout as it approaches a golden cross, a bullish pattern where the 50-day moving average crosses above the 200-day moving average. If the golden cross occurs, SHIB may see a spike in price and potentially surpass resistance levels.
Solana (SOL) is at a critical juncture with a potential bearish double-top pattern. The asset's critical support is at $141, and a break below this level could signal a more severe decline. However, SOL's strong ecosystem and widespread adoption provide long-term potential despite the current uncertain outlook.
Ethereum (ETH) is facing resistance at the 100 EMA, hindering its ability to launch into a stronger uptrend. The asset's recent downward volume trend adds to this difficulty. Breaking through the $2,700 resistance could lead to a stronger rally, but ETH must overcome these obstacles to maintain momentum and restore bullish sentiment.