Cryptocurrencies continue to show diverse trends: Shiba Inu and Bitcoin are on the rise, while Ethereum faces challenges.
Analysis of Shiba Inu Growth
Shiba Inu shows a confident upward trend, surpassing important resistance levels. The current price hovers around $0.00001444 USDT, after breaking through the $0.00001350 support, opening the way for further growth if it stays above the 100-day moving average.
Current Bitcoin Dynamics
Bitcoin is strengthening, rising cautiously above key levels. Its current price is about $87,390. The steady trade volume lends more credibility, possibly leading to a breakout above the $90,000 mark soon.
Ethereum's Possible Reversal
Ethereum faces pressure following a failed attempt to break above the 26-day moving average. Currently trading at around $2,095, there are concerns of a potential reversal if it fails to overcome this level.
Overall, Shiba Inu and Bitcoin are showing signs of sustained growth, while Ethereum is in a challenging position facing significant technical barriers.
