The latest market analysis covers three key assets: Shiba Inu, Ethereum, and Web3 ai, whose dynamics may influence investor interest.
Shiba Inu: Support and Potential Breakout
Shiba Inu is holding steady above the $0.00001100 support level, showing signs of resilience after several weeks of downward pressure. The token now sits just below a key resistance zone between $0.00001234 and $0.00001238. A breakout above this range could open the door to a move toward $0.00001368 if volume holds.
Ethereum: Pause After Rally
Ethereum is trading around $2,511 after a notable pullback from last week’s high near $2,800. Despite the nearly 9.4% drop, key on-chain metrics continue to strengthen. More than 35 million ETH is now staked, reducing the circulating supply and indicating growing conviction.
$WAI: Real Utility and High ROI
Web3 ai utilizes the $WAI token, which is tied to platform functionality. The presale has already raised $8.5 million, with the current token price at $0.000443 and launch value locked at $0.005242, indicating a high potential return for early investors. The platform intends to offer various tools that will simplify interactions with cryptocurrencies.
In summary, Shiba Inu and Ethereum show intriguing changes contingent on the market, while Web3 ai focuses on creating real utility for users. All three assets continue to draw investor attention.
