The trading volume of Ethereum, the second largest cryptocurrency by market cap, has increased significantly recently. This significant rise is a sign of increased market activity because it means that traders and investors are participating more actively. Although the price Ethereum It has declined recently, and there are signs that it may be ready for a comeback and even another rise.

Ethereum, currently trading at around $3,632, has crossed the 50-day Exponential Moving Average (EMA), a crucial resistance level that, when broken, often acts as a bullish indicator. The bullish structure of the asset on the daily chart has been reinforced by the ongoing support above the 26 EMA.

Maintaining these technical levels could pave the way for a rally towards the psychological resistance area at $3,800, making it important for traders. Significant capital is said to be flowing into Ethereum as evidenced by the significant rise in trading volume, a clear indicator of market interest.

The Relative Strength Index (RSI) is trending in the neutral zone at 55, which is significant despite the increase in trading volume. This means that there is still a possibility for this Ethereum To rise without reaching an overbought state. Ethereum has strong support at $3,500 on the downside, supported by the 26 EMA as well as the recent surge in buying activity. It may provide a strong foundation for the next part of the rally if this level holds.

ETH may return to the $3,300 mark as the 100 EMA provides an additional safety net if this support is not maintained. Ethereum market sentiment remains cautiously optimistic. A large number of market participants are likely betting on a bullish scenario based on increased trading volume. However, the asset must decisively cross $3,800 in order to verify the continuation of its upward trajectory. Ethereum may reach the next important resistance level of $4,000 or higher with a successful breakout.

Shiba Inu are under stress

The Shiba Inu is currently going through a difficult phase in the market as it is stuck between important levels of support and resistance. The asset is currently trading at $0.00002375, and has been in a tight range that may determine its near-term future as it has not made any notable moves in recent sessions.

At $0.000025, a critical resistance level, Gray The price remains just below the 50-day Exponential Moving Average (EMA). As a ceiling on SHIB's price movement, this level has proven difficult to break. On the downside, the 100-day moving average at $0.00002220 was a vital source of support to halt further declines. Given these circumstances, SHIB now has a limited trading range, and market participants are carefully watching its next move.

The lack of clear guidance underscores the market's current hesitation regarding SHIB's immediate outlook. The apparent decline in trading volume is one of the major problems that SHIB is currently facing. The asset may find it difficult to move outside its current range due to the lack of strong buying or selling pressure, which is indicated by this decline in activity. The Relative Strength Index (RSI), which measures market momentum without clear bullish or bearish sentiment, is also hovering around the 49 level.

At a crossroads, Shiba Inu She finds herself stuck between two critical junctures that could determine her course in the coming days. SHIB's price action will likely remain erratic and unpredictable until it breaks out of this range.

Since a breakout of either level could determine the direction of SHIB's next big move, traders should keep a close eye on the $0.00002220 support level and $0.000025 resistance level.

Solana needs more

Solana recently broke through an important downtrend line, indicating that the price action may be about to reverse. The asset is still having difficulty breaking the crucial resistance of the 50-day Exponential Moving Average (EMA), which currently sits at $218, despite this bullish technical signal.

Sol The price has been in a bearish pattern for several months by a downtrend line, which acted as resistance. Typically, a break above this line indicates bullish sentiment and potential upside momentum. The 50 EMA is the next important hurdle for Solana, but this breakout was not accompanied by buying pressure or sufficient trading volume. It may open the door to a rally towards the next resistance level at $240 if Solana can break above the Exponential Moving Average (50 EMA).

On the downside, the 26 EMA represents strong support for Solana around the $200 level. The asset could return to $178 where the 100 EMA offers further support if this support is not maintained, reviving bearish sentiment. The lack of significant volume that accompanied the breakout of this trend line is among the most worrying indicators. If trading activity does not increase significantly, the sustainability of the move is still in doubt.