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Reading: Solana (SOL), Baby Dogecoin and Shiba Coin Chart Commentary
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EdaFace Newsfeed > Latest News > Altcoin News > Solana (SOL), Baby Dogecoin and Shiba Coin Chart Commentary
Altcoin News

Solana (SOL), Baby Dogecoin and Shiba Coin Chart Commentary

vitalclick
Last updated: September 25, 2024 7:11 pm
4 months ago
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Contents
To the left (LEFT)Shiba Coin CommentBaby Dogecoin

Bitcoin $63,882 price It remains above $63,000 and SHIB is among the top altcoins of the day. Solana has broken $150 again. Although the $65,000 resistance remains challenging for BTC, we can say that the bulls will not give up easily as we have not seen a similar rapid pullback. So SOL, Baby Dogecoin $0.109275 And what are the latest predictions for Shiba Coin?

To the left (LEFT)

Largest by market value Ethereum $2,629 rival Solana is making a comeback. Although the price has exceeded $150 BTC Returning from the $ 65,000 resistance, it also started the new day with a red candle. No problem, for now it is positive that it is holding above the $ 144 and $ 148 levels. If the upward momentum accelerates and BTC supports the SOL Coin bulls with a new $ 65,000 test, $ 162 can be targeted again, and there is a $ 188 resistance above it.

SOL Coin This year, it has made 4 attempts at $188 but failed. Although it is the victim of the rapid change in general market sentiment, while hopes for the last quarter are strong, this time it may see closings above the $210 resistance. Afterwards, the target will be $256 again.

Shiba Coin Comment

From the bottom on September 18 Shiba Coin It has recovered over 20%. Although there is no general increase in demand for meme coins, Shiba Coin is positively differentiated. This was due to the announcement of more details for the layer3 trial. Since the team said that they could announce important developments soon, someone is evaluating the opportunity as there is a possible rise period ahead.

Closing above $0.00001579 could bring a new trial to $0.00001745. Parallel channel support is at $0.00002088 and it seems difficult to talk about a real reversal without reclaiming this level.

Baby Dogecoin

Making one of his speculative rises BABY DOG It last formed similar candles in March. It rose by 14 percent in the last day and if it can hold above $ 0.00000000235, it may test the 0.00000000332 level again. It formed candles similar to the ones it forms today on October 25, 2021, January 10, 2022, February 6, 2023, April 17, 2023 and March 4, 2024. At the end of all of them, we saw that the price erased its gains by at least half within 1 week.

It is not known whether history always repeats itself, but if it does the same thing for the sixth time, a 50 percent drop can be expected within a week.

Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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