Shiba Inu (SHIB) is attracting attention again as analysts expect prices to rise as much as 215%. This prediction has led to questions about whether the token will be able to surpass the $1 mark by 2025. As Solana (SOL) consolidates after a recent pullback, a new altcoin, Yeti Ouro (YETIO), is also becoming a favorite among crypto whales due to its play-to-earn model.
Shiba Inu News: Bullish Potential Fueled by Hidden Divergence
Shiba Inu price has displayed a strong reversal trend which is further supported by a hidden bullish divergence. It was noted that even though Shiba Inu Coin was trading at lower lows, the relative strength index (RSI) of the currency was trading at higher lows. This trend indicates that buying pressure is increasing and soon after, the Shiba Inu price may break out of the consolidation phase.
Shiba Inu coin price is breaking above the critical resistance level of $0.000081, which will likely lead to a sharp price rise. According to technical analysis, the token could rise by 215%, reaching levels last seen in 2024. This would be a major gain for the Shiba Inu coin price after the token was unable to maintaining an upward trend over the previous months.
Solana News: Considers $500 Target Despite Recent Correction
Among the major cryptocurrencies, the price of Solana recently experienced a correction following its rise to $264. The SOL retracement pushed the token towards an important support zone around $200.
This pattern called “cup and handle” formed on the weekly chart of SOL and caught the trader’s attention. This obvious reversal in the chart pattern indicates a bullish breakout. If SOL/USD crosses the neckline at $260, then it could reach a potential 96% appreciation, taking the token price to $500.
The Solana price prediction suggests that market indicators that include the Bollinger Bands trend (BBTrend) demonstrate that bearish pressure is building up. The BBT trend has turned negative over the past eight days and could signal short-term problems ahead of SOL before it rebounds.
Yeti Ouro attracts crypto whales with innovative gaming features
Yeti Ouro is a new altcoin on the Ethereum blockchain that has recently attracted attention because it has meme coin and play-to-earn features. The company’s major game, Yeti Go, is a racing game designed to run on Unreal Engine 5, in which players receive incentives in the form of YETIO tokens for participating in tournaments and challenges.
The project is nearing the finish line of the first stage of its pre-sale, raising more than $566,000. Having a total token supply of 1 billion and implementing a deflationary burn mechanism, Yeti Ouro plans to maximize value for its investors. This is demonstrated by the real-world gaming use cases that the token has incorporated into its system, making it very attractive to investors while the second pre-sale stage is already underway.
The development team recently shared a behind-the-scenes video showing the team at work. This coincides with a Black Friday deal of 20% off token sales, running from November 29 to December 2.
Now, major crypto whales have started including Yeti Ouro in their assets along with other tokens such as Solana. This growing interest is expected to increase usage of YETIO as the game progresses in development.
Join the Yeti Ouro community
Website: https://yetiouro.io/
Telegram: https://t.me/yetiouroofficial
Discord: https://discord.gg/YtUsEZ2ZrV
X (officially Twitter): https://x.com/yetiouro
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