The latest insider information that ignites the market!
"Shiba Inu tokens surge! Solana stops plummeting, Ethereum rebounds, and the market reverses the trend"
With Shiba Inu tokens breaking through key resistance, the market's hope for a reversal has been rekindled. Recently, Shiba Inu tokens have struggled to break out of the ongoing downward trend and broke through the downward resistance line. This change has made investors optimistic about its future trend. If the price continues to break through the current resistance level, it is expected to usher in a larger increase. Currently, the price of Shiba Inu is about $0.0000156, and the key support level is $0.0000145. If the price can break through $0.0000165, it may climb again to $0.0000170 or even higher. It is worth noting that the return of large investors is becoming the focus of market attention, and usually such activities mean that future prices are expected to rise. However, the market needs to be wary of the risk of false breakthroughs and avoid trend reversals.
Meanwhile, Solana has finally stopped its ongoing downward trend after weeks of price declines. Solana once encountered severe selling pressure due to the outflow of meme tokens and the increase in scams within the system. However, Solana showed signs of stabilization as the price found support near $170. If market sentiment turns positive, the price may break through $192 and continue to move towards the $201 target. But if the market turns pessimistic again, Solana may also fall back to the $150 range. Therefore, despite the current uncertainty, Solana still maintains a relatively strong foundation and its long-term prospects are expected to remain bright.
Ethereum's recovery has injected a shot in the arm for the market. After a sharp drop in the early stage, the price of Ethereum has steadily recovered to $2,817, showing the recovery of market confidence. In particular, after the security incident, the market's trust in Ethereum has recovered, driving the price up. Although the current price is below the 50-day and 200-day major moving averages, the bullish trend has not been fully confirmed in the short term, but the market sentiment has become positive. If Ethereum breaks through the $3,000 mark, it may further confirm the upward trend. The current price rebound coupled with higher trading volumes indicates that investors are regaining interest in Ethereum and it is expected to continue to recover its market position in the future.
