Shiba Inu (SHIB) is showing signs of a potential price rebound, with a double-bottom pattern forming near the crucial support level of $0.00002079. If this pattern holds, SHIB could target resistance at $0.00002294 and $0.00002314, with a potential move towards $0.00002550. However, low volume indicates the need for more market involvement to confirm the breakout. Ethereum (ETH) is bouncing back after holding its 200 EMA at $3,108 and is now testing the 100 EMA at $3,265. Breaking above resistance at $3,500 could lead to further upside, while a failure to sustain upward momentum could result in a decline to $3,000. Bitcoin (BTC) is gaining momentum and has recovered from support levels near $92,000. A break above short-term resistance at $97,500 could pave the way for a retest of the $100,000 level. Rising volume and neutral RSI indicate potential for further price increase. However, a drop below $92,000 could lead to a retest of $87,500 and potentially $78,124.
- Content Editor ( u.today )
- 2025-01-11
Ethereum (ETH) Price Finally Retraces, Shiba Inu (SHIB) Double-Bottom Reversal In, Bitcoin (BTC) Volume Spike Propels Bullish Moves