After a brief drop, Bitcoin Currently posted a moderate recovery at around $ 96,934. Since Bitcoin is consolidated near the important levels of support, the feeling of the market is always prudently optimistic. Is Bitcoin ready to exceed $ 100,000? It is always an open question. A new test of the resistance level of $ 98,000 is obvious in the recent Bitcoin prices movement, the 50 -day EMA currently negotiating at $ 98,665.
A bullish push that targets psychological resistance to $ 100,000 could be initiated by a successful rupture above this level. If $ 98,000 is not recovered, Bitcoin can return to $ 93,300, where the 200 -day EMA currently offers solid support. Given Bitcoin’s ability to maintain more than $ 90,000, the general trend remains optimistic, but the momentum is declining.
The RSI indicator indicates that Bitcoin can move aside before making a clear break because it is neither onbound nor occurrence. A thrust to $ 100,000 is very likely if the Bitcoin maintains the support greater than $ 95,000 and the volume increases.
The bullish configuration could however be canceled by a drop below $ 93,000, which makes Bitcoin vulnerable at additional risks down for $ 85,000. Although the global market trend is still positive, Bitcoin must recover $ 98,000 convincingly before trying to reach $ 100,000.
XRP recovery is not enough
After reaching the level of crucial support of $ 2.18, XRP has demonstrated a moderate recovery and is now negotiated at around $ 2.45. Even if this upward trend may seem encouraging, questions about the sustainability of this recovery are raised by a more in -depth examination of the data on the chain.
Recently, XRP experienced a significant drop in its local summit of $ 3.20, falling to $ 2.18 before regaining steam. The following significant resistance level is $ 2.69, while the 50 -day EMA serves short -term support at the moment. Stronger momentum for Xrp would be indicated by a clear break above this level, which could lead to another attempt at $ 3.00.
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If it is unable to maintain its current level, XRP can move to the following significant support, which is located at $ 1.65 and ensures stability, according to the 200 -day EMA. If the market as a whole becomes more pessimistic, this scenario is likely to occur. A major concern for XRP is the apparent drop in network activity.
The data provided indicates that the number of transactions executed has decreased considerably, reaching only 693,898 on February 9, 2025. A strong activity on the chain is generally required for a positive rally, but the volume of transaction decreases that XRP has Not the support he needs for long -term survival.
Shiba Inu pressed by the Cross of Death
The prospect of a cross of death aggravates things for Shiba Inu, who is already having trouble recovering from the recent decline. A cross of death generally indicates a longer downward trend, when the 50 EMA fall below the EMA 200. Although the technical indicators do not yet seem to be strong enough, Salogner Currently tries to recover from his recent hollow of $ 0,00001616.
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In recent weeks, the value of Shib has gradually decreased, deviating considerably compared to its last peak of $ 0.00002,200. The 100 EMA is currently used as resistance after having already dropped below important mobile averages. Shib can continue to be under down pressure if it does not exceed $ 0.00001850. If Shib is unable to break up over EMA 200, which is currently $ 0.00002042, the probability of a death cross increases.
This model previously trained long declines for many assets, so Shib is at a critical moment. In order to prevent a greater drop, Salogner Must continue to increase and break above the 50 EMA. The momentum could return in favor of the Bulls with a robust recovery.
Moving above 0.0000001850 could indicate a potential trend reversal, while the shib falling below 0.00001500 could confirm more. Investors should also keep an eye on the volume of negotiation, because a low volume may indicate insufficient purchase support for a real recovery.