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Reading: Solana (SOL), Avalanche (AVAX) and Shiba Coin Price Predictions
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EdaFace Newsfeed > Latest News > Technical Analysis > Solana (SOL), Avalanche (AVAX) and Shiba Coin Price Predictions
Technical Analysis

Solana (SOL), Avalanche (AVAX) and Shiba Coin Price Predictions

vitalclick
Last updated: January 24, 2025 11:08 pm
2 days ago
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Contents
Solana (LEFT)Avalanche (AVAX)Shiba Coin Review

Bitcoin (BTC) $105,174.1 It’s stalled at $106,000, and the SEC canceled SAB121 as one of the first things to happen. Cryptocurrencies were opened to large banks from day one, and the new administration will continue to encourage large financial institutions regarding cryptocurrencies. So what are the predictions for SOL, AVAX and Shiba Coin?

Solana (LEFT)

Trump did what was necessary for the new ATH and risk appetite increased again in altcoins SOL Coin will seek their true peaks. Reasons such as the token issued by US President Trump on the Solana network and the fact that Solana is US-based are promising for SOL Coin. Moreover, the new generation breast coins It’s dense on the Solana network, and all of this benefits the network’s cryptocurrency.

$258 is already the key zone and SOL Coin, which continues to close above it, is expected to make new highs between $273 and $295. This shows that SOL Coin bulls are still not breaking away from the ATH struggle.



Avalanche (AVAX)

Avalanche, one of the biggest SOL Coin competitors and compared to Solana in terms of TVL $36.2 very weak. AVAX It has still not been able to achieve permanence above $38. This situation causes new bottom tests up to $33.3. Popular that couldn’t even reach its peak last year altcoin In the short term, it may test the $42 and $48 zones with a general market rise.

Shiba Coin Review

Although Trump displaced him from the rankings over the weekend, Shiba Coin quickly regained its seat. Even though it is the second largest meme coin, it is trading close to the $0.0000195 support. It may have made quick gains with Trump’s election, but despite many major developments between then and now, Shiba Coin acts as if Trump had never been elected.

A retracement of $0.00002097 could bring about a new move towards $0.00002608. After this, the parallel channel resistance of $0.0000293 will be targeted. The last point to be exceeded for the real big move is $0.00003319. who has been away from the top for 49 days Shiba Coin It should now start a comeback from the bottom area. There are similar structures in many altcoins, which supports the possibility of a return.



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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