Market Evaluation and Crypto Currency Predictions

The trading volume in the cryptocurrency market continues to decline over the weekend. Recent data from the US and ETF movements indicate a downward trend in the markets. Especially the future price movements of AVAX, TON, and SHIB cryptocurrencies are a matter of curiosity. Avalanche (AVAX) experienced a decrease in value and its market value dropped to $17.13 billion as it lost the $50 support level. If the negative trend continues, it is predicted that AVAX could drop to an important support level of $42. However, in the event of a possible recovery, the price is expected to return to the $60 and $65 levels. On the other hand, it is estimated that the price could fall as low as $31 due to excessive sales. TON Coin Analysis The bulls continue to strive to rise above the $4.73 level for TON Coin. If successful, it is expected that the price […]

Market Evaluation and Crypto Currency Predictions

The trading volume in the cryptocurrency market continues to decline over the weekend. Recent data from the US and ETF movements indicate a downward trend in the markets. Especially the future price movements of AVAX, TON, and SHIB cryptocurrencies are a matter of curiosity.

Avalanche (AVAX) experienced a decrease in value and its market value dropped to $17.13 billion as it lost the $50 support level. If the negative trend continues, it is predicted that AVAX could drop to an important support level of $42. However, in the event of a possible recovery, the price is expected to return to the $60 and $65 levels. On the other hand, it is estimated that the price could fall as low as $31 due to excessive sales.

TON Coin Analysis

The bulls continue to strive to rise above the $4.73 level for TON Coin. If successful, it is expected that the price will reach the $5.69 resistance level and aim for $7.09 with the support of Bitcoin.

Shiba Coin Review

Bulls are struggling to rise above the 20-day EMA for Shiba Inu (SHIB). RSI and moving averages currently present a balanced outlook. If the price closes below the 50-day SMA, it is expected that SHIB will fall to the support of $0.000017. In an optimistic scenario, it is possible to reach the resistance levels of $0.000033 and $0.000039 if the 20-day EMA is accepted as support.

Useful Information for the Reader

The critical support level of AVAX is $42, with recovery targets of $60 and $65.
The level that TON Coin needs to surpass for a successful rise is $4.73, with the next resistance point being $5.69.
The 50-day SMA observed as a breaking point for the SHIB price is considered an important indicator in a bearish scenario.

Fluctuations in the cryptocurrency market and technical analysis provide important clues for investors’ buying and selling decisions. The specified support and resistance levels can help investors develop strategies.

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how to buy crypto?
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