Dogecoin’s Long-Term Support Line in Danger: Potential Sharp Drop Ahead
The price of Dogecoin (DOGE) is in danger of breaking the long-term upward support line that has been present on the chart for almost a year A bearish break could trigger a sharp drop in DOGE. However, short-term timeframe indicators indicate that the price will start to bounce first. The Doge ...
Shiba Inu (SHIB) Price Analysis: Rebound Potential from Long-Term Support
The price of Shiba Inu (SHIB) has finally reached the support line of the long-term pattern. The price is in the process of launching a rebound, but its credibility has yet to be confirmed. If SHIB makes a bearish breakout from the triangle, the support structure that has existed for a year will ...
Ripple’s Recovery Attempt: Implications for XRP’s Future Dynamics
Ripple tries to recover above the midline of the long-term pattern. Success or failure could have serious implications for the future dynamics of XRP. While short-term indicators suggest that XRP will continue to rise, the longer-term outlook remains unclear and leans toward a bearish outlook. ...
Solana (SOL) Exchange Rate Breaks Key Support Line, Indicating Correction Ahead
The Solana (SOL) exchange rate has finally broken below the upward support line, which had previously persisted on the chart for 128 days This bearish breakout indicates that the Solana growth phase that began in January is now over. If that is indeed the case, we are looking at a correction in t ...
Technical Analysis: Shiba Inu (SHIB) Exchange Rate Threatened by Bearish Breakout
The Shiba Inu (SHIB) exchange rate maintains a long-term pattern, but the shorter-term price structure is threatened by a bearish breakout. The popular meme coin SHIB, created by the Shiba Inu project, is an ERC-20 format token and one of the main rivals of Dogecoin. As the results of the tech ...