The year has started well for Stellar Lumens as evidenced by a notable 30% rebound in prices. This rally occurs when XLM crosses the 50 EMA, which is a key sign of potential trend reversals and new upside in the market. Thanks to a favorable market environment and increased trading activity, XLM has gained traction and is currently trading at around $0.45. Being an important technical milestone, a break above the 50-day EMA is considered a special event distinct.

Historically, the bearish phase ends and a more sustained upward trend begins when this moving average is crossed. Around $0.50, a psychological and technical resistance level, is the next possible target price for XLM.

With the overall momentum and optimism in the market, there could be a rally towards $0.60 if the asset is able to overcome this hurdle. With alternative currencies such as XLM As Bitcoin gains more strength and stability, the market as a whole has shown signs of stabilization.

A bounce could also occur if it is unable to hold above the 50 EMA, testing the support levels at $0.39 and $0.30.

Bitcoin is ready

Bitcoin is going through a pivotal phase at the beginning of 2025, when its price will reach about $96,700. Signs of a potential slowdown are showing even though the asset has been able to hold on to much of the momentum it gained during the late 2024 rally. One major problem is that Bitcoin is having difficulty staying above the 50 EMA, an important technical level that it frequently signals. to market trends.

Inability to Bitcoin Maintaining a strong hold above this line despite a few recovery attempts raises questions about the strength of the upward momentum. Failure to recover and maintain this level has historically resulted in prolonged consolidation or even decline. Additionally, trading volume has been fairly low, suggesting that recent price action may not have the strong support needed for a long-term rally.

Stronger buying pressure is required for Bitcoin to break through the $100,000 psychological barrier, a key resistance area, and verify that its upward trajectory remains intact. But there are some bright spots for Bitcoin in 2025. Growing institutional interest and growing acceptance of cryptocurrencies as popular financial assets is driving cautious optimism permeating the market as a whole.

A more ambitious uptrend may be possible if Bitcoin can break through current resistance and gain traction above the $100,000 threshold. Conversely, Bitcoin may retest the lower levels if it is unable to reclaim important support levels such as $95,000 and $92,000, with the 200 EMA approaching $76,000 as an important safety net.

Shiba Inu hacks

An important step has been taken before Shiba Inu When it broke the 100 EMA, a crucial technical resistance level that had been a barrier for weeks. Although this breakout shows that the bulls are trying to regain control, the bigger picture suggests little chance of a rally in the short term. Since SHIB is currently trading at around $0.00002326, a breakout of the 100 EMA indicates a change in market sentiment.

This trend may attract traders looking to capitalize on short-term momentum. But trading volume is still low, indicating that market players are not completely convinced. Technically, SHIB has a tough ride ahead of it. The 50 EMA is the next major resistance and has historically served as a barrier during recoveries. Significant buying pressure will be needed to push Gray Above this level so that it can continue its upward trajectory.

A bounce towards the 200 EMA, which has consistently provided support, at around $0.000021 could occur if this is not done. Considering the state of the market as a whole, SHIB's growth prospects appear limited. The asset's recent price action indicates a consolidation pattern rather than strong highs.

Adding to the doubts about the Shiba Inu's future performance is the company's reliance on speculative trading rather than fundamental catalysts. Unless a major catalyst emerges, SHIB stock may continue to trade within a narrow range in the coming weeks. SHIB's path may be affected by spikes in volume and changes in the larger cryptocurrency market, so investors should keep an eye on this.