The collapse of Shiba Inu (SHIB) raises the embarrass

The collapse of Shiba Inu (SHIB) raises the embarrass
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Sheba Eno It suffers from one of its biggest declines in modern history due to dramatic sales. The artistic structure of the distinctive symbol was destroyed as it decreased under the axial EMA for 200 days. Watching with pessimistic expectations, Shayb has witnessed a significant decrease in investor confidence and market activity, as nearly 60 % of the trading volume lost. Adult holders, also known as whales, increases the worst things by emptying their positions in large quantities.

It is practically impossible for SHIB to find strong support at the current levels due to the massive sale pressure caused by this huge liquidation direction. Although their sudden departure often bends the troubles in the future, the whales are generally considered the stabilizers of the market. SHIB is currently trading much lower than the support level of $ 0.0022 at about $ 0.00001785.

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SHIB/USDT Plan by Tradingview

Since EMA violated for 200 days, the distinctive symbol is now exposed to more severe corrections. SHIB may test the following important support levels at $ 0.000015 if the sale of the sale continues, and in the worst cases, it may decrease to $ 0.000011. The bullish trend is that the reflection is not completely possible. If SHIB is able to recover $ 0.0022 with an increase in size, this may lead to speculative and stop levels. This would require great participation in the market, although it is unlikely to be the current situation.

Short -term prospects for Gray It is still dark in general. A declining image is drawn through a mixture of technical breakdowns, which reduces size and whale activity. Since the distinctive symbol crosses this risky water, investors should be very careful. SHIB may continue to decrease in the near future if there is no change in feelings or prominent market incentives.

Dogecoin falls sharply

As Dogecoin continues to decline, it approaches a turning point. EMA for 100 days, a decisive support level that was a safety network for investors, has already seen a decrease in value. There are great doubts regarding Dog's ability to maintain its upward path in the near future in light of this breach. Dogecoin is currently trading between $ 0.32 and $ 0.25, which is seriously approaching the next important support level.

A complete reflection of its last upward gathering will occur if less than this level erupted, which may likely lead to a rush of panic sales. After making this step, Dog may reflect its previous gains and go to the long bear market. Doug 'Problems increase the lack of purchasing power. Because of the uncertainty in the market, the volume decreased significantly, indicating that traders are retreating.

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In addition, the decrease in the RSI index (RSI), indicating that the momentum is fixed on the declining side. Dodge You may be able to avoid a more important correction if he can recover its location over EMA for 100 days in the coming days. Given the general mood of the market, this may require a significant increase in the purchase activity, which does not seem likely to be.

Nevertheless, the bounce at this level may give bulls some hope and pave the way for the recovery equipment about $ 0.35 and higher. Investors must now monitor the support level of $ 0.25. It will not be limited to collapse without this level to the end of the update Doug, but may also pave the way for additional declines, and may reach $ 0.20.

Bitcoin loses $ 100,000

with BitcoinA recent decrease less than $ 100,000, investors are concerned. However, the careful examination of its technical indicators indicates that recovery may not be far away. The 50 -day EMA is a decisive support level that has been historically provided as a launch pillow for prices, and is currently where Bitcoin is traded. When Bitcoin remains above 50 EMA, which is frequently seen as a turning point for short -term trends, the bulls are still in control.

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Looking at the current location, Bitcoin may return to above $ 100,000 in the coming days if the purchase pressure is picked up. In addition, there are currently no indications of a major collapse in the general structure of the original. Currently, the size trends are inconsistent. Selling pressure was not strong enough to push Bitcoin to below other important support levels such as $ 95,000 despite the recent decline in purchase of interest.

The market may be unified and prepared for its next large movement, as shown in the balance between buyers and sellers. It will be necessary to restore $ 100,000 and keep momentum over this bitcoin psychological barrier to confirm recovery. It is possible to restore confidence and may start another gathering about 105,000 dollars or higher if this level is broken. On the other hand, Bitcoin may drop further if it is unable to keep 50 EMA, with $ 91,000 as the following decisive support.



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