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# Shiba Inu (SHIB) Exhibits a Negative Volume Indication, Bitcoin (BTC) Aims for a $90,000 Surge?, Solana (SOL): Rebound Approaching?
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Shiba Inu’s trading volume has experienced a notable increase, yet the overall background of this expansion is far from optimistic. While a jump in volume frequently suggests escalating dynamism and curiosity, its appearance within a downward trend should prompt caution. Notwithstanding regaining a crucial resistance point, SHIB has been stuck in a downward trend for the last few months.
The asset is presently valued around $0.00001322 and is encountering difficulty in achieving any substantial upward momentum. Even with the recent volume rise, the price movement stays feeble, implying that selling pressure, rather than actual accumulation, is likely fueling the majority of the volume. A major resistance level persists at the descending trendline.
Anticipated Binance Coin (BNB) Valuation for March 26th
For SHIB to suggest a possible change in momentum, it needs to surpass $0.00001508. However, if purchasers do not intervene, additional decreases towards $0.00001200 stay a definite possibility, especially considering the present negative structure. Usually, volume spikes accompany robust upward trends in a bull market, supporting price increases. However, this volume increase is occurring within SHIB’s bearish market.
The curiosity of individual investors diminishes, the availability of cash decreases, and large participants withdraw their assets – this combination often indicates problems. This pattern of trading volume usually indicates further price declines in the future, rather than recovery. If SHIB cannot overcome its main resistance level, an increase in trading volume may cause even greater downward pressure.
## Bitcoin Confrontation
Bitcoin is again trying to overcome a critical resistance level that has limited its upward movement – the $90,000 mark. After a significant recovery from recent lows, the cryptocurrency is now fighting this psychological barrier, forcing investors to wonder if this time will be different.
Currently trading at around $89,994, Bitcoin is just below the critical resistance of $90,000. A successful breakthrough could pave the way for further profits; key levels at $98,000 and $94,000 will become the next important goals. However, if BTC faces resistance at this level, a rollback to lower support areas is possible, which may lead to another correction.
Market sentiment remains complex as traders assess global macroeconomic factors, liquidity conditions and overall risk appetite. Although the recent recovery from $85,000 shows that buyers are entering at lower prices, it is not clear whether they have enough strength to push Bitcoin above $90,000.
If BTC can close above $90,000 with a large volume, this will indicate a renewed bullish momentum. After confirming the breakthrough, the next major resistance will be at $98,000, which could trigger a rally towards $94,000 and possibly higher. If Bitcoin overcomes these levels, it could set its sights on the $105,000-$110,000 range in the coming weeks, returning it to the path towards new historical highs. Toncoin (TON) Value Forecast for March 26th
Conversely, failure to break through $90,000 may cause another rollback.
Alright, let’s examine what is unfolding in the digital currency markets, mainly concentrating on Bitcoin and Solana:
**Bitcoin (BTC):**
Get ready, as if Bitcoin cannot sustain its current level, we might observe a decrease to roughly $82,000, with $85,000 functioning as the immediate safeguard. The failure to overcome that $90,000 barrier could initiate a wider market adjustment, and alternative digital currencies would probably experience greater losses. A major fall could even force Bitcoin to retest the $78,000 – $80,000 area, which would certainly make the optimists cautious.
**Solana (SOL):**
Solana is exhibiting some rebound after its latest downturn, presently trading above $147. However, avoid getting overly optimistic immediately. The average price movements are still appearing negative, and there’s a possible “bearish crossover” developing, which could indicate further decrease. Even considering this short-lived recovery, the general market signals advise carefulness. After dropping below $130, Solana has succeeded in recovering with some upward drive.
If Solana cannot sustain its rebound, we might see it drop sharply to the mental mark of $100. The feared “bearish crossover” pattern could compel Solana towards a more significant pullback, rendering it hard for purchasers to take back command. While there’s a brief positive movement, the larger view remains worrying.
A continuous rise past $170 would be an obvious indication that buyers have regained control. However, if Solana persists in getting better and retakes important barriers, it could prevent the “bearish crossover” situation completely. The coming together of the 50-day and 200-day EMAs makes a “bearish crossover,” a negative formation that usually comes before additional falls, more probable.
