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Reading: Attention for 48 Hours: AVAX, Shiba Coin and Especially PEPE Coin
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EdaFace Newsfeed > Latest News > Technical Analysis > Attention for 48 Hours: AVAX, Shiba Coin and Especially PEPE Coin
Technical Analysis

Attention for 48 Hours: AVAX, Shiba Coin and Especially PEPE Coin

vitalclick
Last updated: December 6, 2024 8:58 pm
3 months ago
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next 48 hours cryptocurrency It will probably be a period of high volatility for the markets. In bull markets BTC After such big peaks in price, altcoins want to move. Current conditions show that we may see big movements in altcoins with the excitement of the weekend that will start hours later.

PEPE CoinAVAX and Shiba Coin

PEPE Coin

In addition to being one of the largest meme coins by market value, Ethereum $3,882.9 The most interesting meme coin on the network. Moreover, it attracted so much attention last year amid market volatility that Binance exchange and others were forced to list it. Currently, the ETH price has exceeded 4 thousand dollars PEPE Coin started to move.

Most popular on the network meme coins Due to its early rise and rapid response to today’s rise, PEPE Coin can make good gains over the next 48 hours.

The breakout level for PEPE Coin will be $0.00002197, above which $0.0000233 may be tested at the end of the week as closings begin. Then, investors who want to set a new all-time record price will target the $0.00002599 ATH zone. The preservation of $0.00002007 as support, the rise in ETH price and BTC regaining 6-digit prices seem extremely supportive

AVAX and Shiba Coin

Neither altcoin could make that big of a gain in the recent rise. In addition, both are considered assets with high potential. Shiba Coin, one of the largest cryptocurrencies, ranks second in terms of market value. meme coin. Moreover, with the success it achieved in building its own ecosystem, it brought a different perspective to the meme coin world.

If we see an increase in the price in the coming hours with the support of the recovery in the general market sentiment, the resistance at $0.00003293, which we have pointed out many times, can be overcome. After this, the peaks of 0.00003952 and 0.00004555 will come to the agenda.

The ongoing closes above the $0.00002971 resistance suggest that Shiba Coin price might be on the eve of a new exciting upward move.

AVAX The critical threshold for the parallel channel resistance is the $50 level and the price is above it. If it can be permanent, $60 may be exceeded in the coming hours. The short-term peak target is at $65.4.

Disclaimer: The information contained in this article does not constitute 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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