Price analysis 8/15: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin and altcoins met selling at key overhead resistance levels and investors are unsure whether traders will buy the current dip. Bitcoin (BTC) has been witnessing a tough battle between the bulls and the bears near the $25,000 level. A clear winner may not emerge in the short term due to a lack of a catalyst and because there is no major macroeconomic data scheduled for this week in the United States. Data points from Asia or Europe may increase volatility, but they are unlikely to start a new directional move.Anthony Scaramucci, founder and managing partner of Skybridge Capital, in....
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SHIB was trading almost 15% higher during today’s session, as its price approached a ten-day high. Its fellow meme coin, DOGE, was also in the green on Tuesday, with prices hitting their highest point since June 12.
Shiba Inu (SHIB)
SHIB was once again in the green on Tuesday, as it continued to move away from this weekend’s lows.
Over the weekend, SHIB/USD fell to an intraday low of $0.00000707, which was its lowest point since October 2021.
Since then, prices have picked up momentum, and today saw prices hit an intraday peak of....
SHIB’s price shows strength as it bounces from a downtrend range price rallied to a high of $0.0000122 with eyes set on $0.0000135. SHIB could rally more as the price creates more bullish bias breaking out of its range channel with good volume as SHIB army could push the price to $0.0000135. SHIB’s price remains strong on the daily timeframe above the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The price of Shiba Inu (SHIB)has had a tough time dealing with this current bear market, with the price suffering so much decline in the past six months.....
SHIB’s price shows strength as it continues its rally, with eyes set on a high of $0.00002 as the price tends to mimic DOGE. SHIB could rally more as the price creates a bullish bias and holds above its range channel after a successful breakout. SHIB’s price remains strong on all timeframes as the price trades above the 50 Exponential Moving Average (EMA). The price action shown by Shiba Inu (SHIB) in the past few days has been a replica of what we see with the price of DOGE in the past few days as it continues to lead the charge for memecoin rallies. Although the price of....
The price of the Shiba Inu (SHIB) could be set for a major run as it holds its support against Tether (USDT). Bitcoin’s (BTC) price saw a bounce from $23,000 to $24,800 as the favorable news from the consumer price Index (CPI) saw a good response across the boards in the crypto market as the price of Shiba Inu eyes $0.00001700. Related Reading: AVAX Holds Steady And Sets Sights On $50 Barrier Breach The consumer price Index measures inflation in the economy, due to market sentiments this affects the prices of assets. (Data feeds from Binance) Shiba Inu Price Analysis On The Weekly....
The price of Avalanche (AVAX) slips at $30 against Tether (USDT) as Avalanche (AVAX) eyes key support to hold the price from selling off. AVAX showed great strength rallying to a high of $30 but was rejected as Bitcoin’s (BTC) price continued to go lower, affecting the price of AVAX from trending higher. (Data from Binance) Related Reading: Why Bitcoin Is Oversold As BTC Reclaims Territory North Of $20,000 Avalanche (AVAX) Price Analysis On The Weekly Chart According to the chart, the price of AVAX had a strong bullish bias at $30, but the price was rejected from that region,....