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Reading: AVAX, Shiba Coin and ETH 7 February Price Forecasts
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EdaFace Newsfeed > Latest News > Technical Analysis > AVAX, Shiba Coin and ETH 7 February Price Forecasts
Technical Analysis

AVAX, Shiba Coin and ETH 7 February Price Forecasts

vitalclick
Last updated: February 7, 2025 6:50 pm
3 days ago
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Bitcoin (BTC) $97,393.9 He crashed at the same speed at the same speed at $ 98,000 and rapidly rising within a few hours. Altcoin investors are now accustomed to these movements, which have become thoroughly wear. Following the lasting bear markets for years, the ongoing unpleasantness in the crypto makes the price of BTC insignificant. Well Avax, Shib And Eth What do current estimates point for?

Avax Coin CommentShıb and Eth Comment

Avax Coin Comment

AVAX, one of the largest smart contract platforms, is located just above $ 22.39 support. The level, which has successfully worked as a lock support point for a long time, remained intact despite the sub -wick in recent days. Alright AVAX PRICE Could he get recovered? No.

Avax bulls did not succeed due to continuous ups/downs in the BTC price, although he trials to get back the $ 27 level. In the longer version of the boring process after ETF approval, the market is stuck. If the $ 27 threshold can be exceeded, new trials may come to $ 38 and $ 44. In the short term, lower levels of closes from day to day are not positive for Avax.



Shıb and Eth Comment

Shiba coin While we were talking about it for a long time, we drew attention to the level of $ 0.00001617 as a support point. While closing below the support point continues, new risks of decrease up to $ 0.00001236 become apparent.

For ascension BTC Excessive negative fluctuation in the price needs to be rinse. But for this, we should see strong signals on interest rate cuts, and Trump’s desire for a global trade war.

Ethereum (ETH) $2,742.7 He is still the largest Altcoin and still continues to have ridiculous price movements. While the price is fixed around $ 3,300, the bored investors are now experiencing worse days due to the price that linger under $ 2,800. The price of 0.276btc in ETHBTC parity lost 0.03. When we saw such things before, Altcoin markets were soon gathered, but Eth There is still no hope for a return.

The price in the ETHUSDT parity is in the 2.714 band. The price had thrown a needle for $ 2346 in the recent decline, and now it is under the parallel channel resistance of $ 2746. Last year, the rise began after lingering below this level for nearly 100 days.

Here, too, it can be targeted over $ 3,080 with over resistance closes.



Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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