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Reading: Shiba Coin, BONK and FLOKI Coin 23-24 January Predictions
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EdaFace Newsfeed > Latest News > Technical Analysis > Shiba Coin, BONK and FLOKI Coin 23-24 January Predictions
Technical Analysis

Shiba Coin, BONK and FLOKI Coin 23-24 January Predictions

vitalclick
Last updated: January 23, 2025 7:09 pm
2 hours ago
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Bitcoin (BTC) $101,713.0 price At the time of writing, it is at the threshold of 102 thousand dollars and altcoins generally continue the day in red. Although the fluctuation in the BTC price pushed altcoins to their bottoms last year, Trump’s arrival is pregnant with major events in the medium and long term. So, what are the predictions for SHIB, BONK and FLOKI Coin?

Shiba Coin ReviewBONK and FLOKI Coin Review

Shiba Coin Review

Even if for a short time TrumpCoin Its market value has even surpassed Shiba Coin TON CoinIt even passed . However, as the excitement around Trump Coin faded, Shiba Inu (SHIB) rose again to the position of the second largest meme coin. Despite this, the price fell below the support point at $0.00002077, which we have pointed out many times.

If SHIB price continues to decline and starts closes below $0.00001892, then the support point at $0.0000155 could be tested. Depending on the performance of the BTC price in the coming days, this is the bottom target in case of overselling. However, if the parallel channel support is withdrawn again, a return to the middle area of ​​the channel, that is, to the $0.0000249 region, is expected.



BONK and FLOKI Coin Review

first time BONK Coin We saw an ETF application for yesterday. BONK took its place in the application for cryptocurrencies such as Trump Coin. BONK Coin also has a spiritual counterpart in the community, as it represents the days when the Solana network was revived.

BONK Coin It is now just above the $0.0000290 support and as long as it maintains it, no new local bottom is expected near $0.0000216. However, if support is lost, needles may be seen further below, up to $0.00001833. This year will be interesting for BONK Coin as any new altcoin ETFs that are approved will fuel positive sentiment about others as well.

The target for BONK Coin in the market recovery is the resistance point at $0.0000447, following $0.00003401 and $0.0000392.

RWA Excitement in the field is growing, and the FLOKI team can capitalize on this with concrete steps related to its RWA initiative. It hasn’t seen much impact so far and the TOKEN initiative is not a big deal for RWA. Maybe we’ll see him sign agreements with noteworthy partners to experiment with different styles?

The support point at $0.0001262 is maintained but may be tested depending on BTC performance. In the optimistic scenario, a return to the 0.0001624 and 0.0002113 dollar targets is expected.



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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