Market watching to see if SHIB, ADA and SOL can capitalize on this signal for epic rebound
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
If ADA sustains its current rebound, bulls may target the daily SMA 50 at $0.44 and the daily SMA 200 at $0.542. If this proves successful, a 100% rally appears possible, with targets at $0.68 and $0.8.is attempting a decisive break above the daily SMA 200 at $133, which could be critical to its bullish momentum. A break over the daily SMA 200 at $156.19 would be a strong indication, aiming for highs of $188 and $204.
The coming days will be crucial in determining whether SHIB, ADA and SOL can capitalize on these buy signals and begin a sustained upward trend.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Price analysis 6/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAXTraders continue to accumulate Bitcoin ETFs, signaling that they expect the uptrend to resume.
Read more »
Price analysis 6/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAXStrong inflows into the spot Bitcoin ETFs show that investors believe the range-bound action is a buying opportunity.
Read more »
Price analysis 5/31: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAXAnalysts believe that Bitcoin’s consolidation is likely to break out to the upside.
Read more »
Price analysis 5/30: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAXBitcoin’s range-bound action has not stopped investors from snapping up Bitcoin ETFs.
Read more »
Shytoshi Kusama's Important Message Shared by SHIB Team With CommunityMember of SHIB team has passed bullish message from lead developer to SHIB army
Read more »
Major SHIB Call Issued by Shiba Inu Team to Community, Here's What It SaysSHIB team representative has addressed Shiba Inu critics and SHIB community
Read more »