Market Evaluation and Crypto Currency Predictions

The trading volume in the crypto currency market continues to decline over the weekend. Recent data from the US and ETF movements indicate a downward trend in the markets. In particular, future price movements of AVAX, TON, and SHIB crypto currencies are a matter of curiosity. Avalanche (AVAX) has experienced a decline in value and market capitalization of $17.13 billion, due to losing the $50 support level. If the negative trend continues, it is anticipated that AVAX may drop to an important support level of $42. However, in case of a potential recovery, the price is expected to return to the levels of $60 and $65. On the other hand, it is predicted that the price may drop to $31 due to excessive selling pressure. TON Coin Analysis Bulls continue to strive to surpass the $4.73 level for TON Coin. If successful, it is expected that the price will reach […]

Market Evaluation and Crypto Currency Predictions

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

Avalanche (AVAX) has experienced a decline in value and market capitalization of $17.13 billion, due to losing the $50 support level. If the negative trend continues, it is anticipated that AVAX may drop to an important support level of $42. However, in case of a potential recovery, the price is expected to return to the levels of $60 and $65. On the other hand, it is predicted that the price may drop to $31 due to excessive selling pressure.

TON Coin Analysis

Bulls continue to strive to surpass the $4.73 level for TON Coin. If successful, it is expected that the price will reach the resistance level of $5.69 and target $7.09 with support from Bitcoin.

Shiba Coin Review

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

Useful Information for the Reader

The critical support level for AVAX is $42, with potential recovery targets being $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 SHIB’s price, is considered an important indicator in a bearish scenario.

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how to buy crypto?
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • bitcoinBitcoin(BTC)
    $69,934.00-0.54%
  • ethereumEthereum(ETH)
    $3,729.72-1.49%
  • tetherTether(USDT)
    $1.00-0.10%
  • binancecoinBNB(BNB)
    $616.51-0.24%
  • solanaSolana(SOL)
    $179.981.06%
  • staked-etherLido Staked Ether(STETH)
    $3,732.52-1.36%
  • usd-coinUSDC(USDC)
    $1.00-0.12%
  • rippleXRP(XRP)
    $0.53-3.66%
  • dogecoinDogecoin(DOGE)
    $0.165665-2.00%
  • the-open-networkToncoin(TON)
    $6.35-0.83%
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