Shiba Inu (SHIB) Is Sleeping: When Will It Wake Up? Solana (SOL) on Reversal Support, Is Bitcoin (BTC) Finally Safe on $60,000?

Market showing neutral dynamic, which may cause some issues

Shiba Inu Is Sleeping: When Will It Wake Up? Solana on Reversal Support, Is Bitcoin Finally Safe on $60,000?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.

Shiba Inu Is Sleeping: When Will It Wake Up? Solana on Reversal Support, Is Bitcoin Finally Safe on $60,000?Time-wise, we might witness a sharp rise in volatility driving the price toward the next psychological level of $0.000018 if SHIB breaks through the $0.000015 resistance in the next two weeks.At $140, the 200-day exponential moving average represents a critical support level where Solana is currently resting.

If this support is broken, there could be more losses with possible targets at or below $130. On the daily chart, Solana's relative strength index indicates that it is in a relatively neutral zone, indicating that it may move in either direction in response to market catalysts.The psychological threshold of $60,000, which traders and investors have been keeping a careful eye on, has been breached byrecently.

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