Market Evaluation and Cryptocurrency 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) has experienced a loss of value and its market value has decreased to 17.13 billion dollars after losing the $50 support level. If the negative trend continues, it is expected that AVAX could drop to an important support level of $42. However, in the event of a potential recovery, the price is expected to return to the $60 and $65 levels. On the other hand, it is predicted that the price could drop to $31 due to excessive selling pressure. TON Coin Analysis The bulls continue to strive to rise above the $4.73 level for TON Coin. If successful, it is likely that the […]

Market Evaluation and Cryptocurrency 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) has experienced a loss of value and its market value has decreased to 17.13 billion dollars after losing the $50 support level. If the negative trend continues, it is expected that AVAX could drop to an important support level of $42. However, in the event of a potential recovery, the price is expected to return to the $60 and $65 levels. On the other hand, it is predicted that the price could drop to $31 due to excessive selling pressure.

TON Coin Analysis

The bulls continue to strive to rise above the $4.73 level for TON Coin. If successful, it is likely 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 raise the price above the 20-day EMA for Shiba Inu (SHIB). The RSI and moving averages are currently showing a balanced outlook. If the price closes below the 50-day SMA, it is expected that SHIB will drop to the $0.000017 support. In an optimistic scenario, if the 20-day EMA is recognized as the support, reaching the resistance levels of $0.000033 and $0.000039 is possible.

Useful Information for Readers

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

The fluctuations in the cryptocurrency market and technical analyses provide important clues for investors’ buying and selling decisions. The specified support and resistance levels can help investors develop a strategy.

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how to buy crypto?
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