The Ethereum price has seen a sharp increase recently, reaching around $2,616, due to an increase in open interest and breaking through significant resistance levels. However, it still faces resistance at $2,800 and the continuation of its momentum remains uncertain.
Shiba Inu (SHIB) has shown signs of a bullish phase, breaking through a resistance level at $0.000018. Sustained hold above this level could indicate an upward trend, with a potential target of $0.000020. However, SHIB will require steady buying pressure to maintain its momentum.
Solana (SOL) is showing a possible double-top pattern, which could lead to trouble in the near future. The asset has been approaching a crucial resistance level at $155, which historically has caused a pullback in price. If SOL fails to break above $155, it may experience a significant decline.
Traders and investors should closely monitor these crypto assets and their respective resistance and support levels to gauge the continuation or reversal of their current trends.
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