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

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

vitalclick
Last updated: September 26, 2024 8:08 pm
4 months ago
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Contents
Solana (LEFT)Shiba CoinBaby Dogecoin

Today Shiba Coin It has experienced an impressive rise and BTC price’s continued closes above $65,000 are motivational. The rest of the altcoins are likely to join the bullish bandwagon. If BTC can remain strong in the coming hours, we may see new peaks for SOL, SHIB and BABY DOGE. So what are the current predictions?

Solana (LEFT)

We mentioned that the price falling to 120 dollars at the beginning of September could provide a short-term buying opportunity. As a matter of fact, purchasing investors have taken advantage of this opportunity at least 6 times since March. Tried many times from $120 to $156 SOL Coin It offered a 30 percent profit opportunity each time.

Now it continues to close above $150 for more. The next target is the key $162 level and floor sales may concentrate at this level as in previous attempts. Supportive environment for SOL Coin bulls however BTC It will occur if it targets $68,000 above $65,000.

While the fragility in the general market sentiment has turned the markets upside down for 2 quarters, if a real upward rally period begins in the last quarter, SOL Coin can reach $ 210 with closings above $ 188.

Shiba Coin

Second largest by market value meme coin Today it is up nearly 30 percent. Although the altcoin, which peaked at $0.00001937, faced profit sales here, it still lingers above the upward support at $0.00001742. This shows that the environment is still suitable for testing the parallel channel support we explained before.

If the $0.00001937 level can be broken in volume, the next target will clearly be the parallel channel support at $0.00002093. However, with such a huge increase in a few days Shib On the front, it is not something we are used to lately. In other words, after the retreat to the support level, a new attempt and then the test of $ 0.00002609 may come. Closings above $0.00002952 will now reflect the new ATH appetite.

Baby Dogecoin

BABY DOGE, which has risen rapidly many times before and returned half of the gains, has not yet done so. 1 week will be up tomorrow. If BABY DOGE If it can remain strong, we can say that this time the downward trend has reversed and the ground has begun to form for the new ATH. In the decline, below $0.000000001804 may be the region where sales accelerate. Upper wicks tell us that profit sales are intense. The next 48 hours may be extra risky.

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

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