Shiba

Ethereum

Bitcoin

Shiba Inu

Gains

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-soars-as-ethereum-and-shiba-gear-up-for-potential-breakthroughs" rel="noopener noreferrer nofollow">Bitcoin Soars as Ethereum and Shiba Gear Up for Potential Breakthroughs</a><br></p>
<p style="text-align: justify">The <a href="https://en.bitcoinhaber.net/bitcoin-climbs-towards-record-highs-as-ethereum-gains-strength" rel="noopener noreferrer nofollow">cryptocurrency</a> market has surpassed the $2.1 trillion mark, with <a href="https://en.bitcoinhaber.net/major-bitcoin-movement-antpools-transfer-to-binance-stirs-speculation" rel="noopener noreferrer nofollow">Bitcoin</a> leading the surge and altcoins like <a href="https://en.bitcoinhaber.net/ethereums-recovery-in-progress-despite-uncertainties-ahead" rel="noopener noreferrer nofollow">Ethereum</a> (ETH), Shiba, and AVAX following closely. Investors of altcoins are optimistic about significant gains should Bitcoin stabilize at higher levels, signaling a robust period for digital currencies.</p>
<h2 id="ethereum-poised-for-growth">Ethereum Poised for Growth</h2>
<p style="text-align: justify">ETH, the second-largest cryptocurrency by market cap, shows promise of achieving new price records according to weekly charts. Analysts believe that if Ethereum maintains its value above $3,200, it could target a climb to $3,577 and possibly beyond to reach new all-time highs. A firm stance above $3,577 could set Ethereum on a path to even greater milestones, despite potential price corrections in between. It faces resistance yet at $4,116 and $4,511 levels. However, its performance against Bitcoin is a slight concern, as it needs to consistently outperform Bitcoin to ignite a solid bull run.</p>
<h2 id="shiba-inu-makes-notable-gains">Shiba Inu Makes Notable Gains</h2>
<p style="text-align: justify">Shiba Inu, another prominent altcoin, has experienced a double-digit percentage increase. It has recently spiked by 10.7%, catching the attention of investors eager to capitalize on its ascending trajectory. Shiba Inu’s growth comes as other altcoins like SOL see a slowdown, providing a window of opportunity for Shiba to advance further.</p>
<p style="text-align: justify">Investors are keeping a close watch on Shiba Inu’s ability to sustain above $0.00001051, which could establish a firm support level. If Shiba Inu manages to secure this support, it might aim for the $0.00001142 resistance within its current trading channel. A successful closure above this resistance could signal the onset of new highs for the meme coin.</p>
<h2 id="avax-struggles-to-keep-up">AVAX Struggles to Keep Up</h2>
<p style="text-align: justify">While AVAX has achieved higher peaks recently, the coin appears to have taken a back seat, stalling below the anticipated $40 threshold. A close above $40.8 could open the floodgates for a potential rally towards the $44 mark. AVAX may be lying low for now, but if Bitcoin maintains its current price level, AVAX could gear up for another shot at $50.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/bitcoin-soars-as-ethereum-and-shiba-gear-up-for-potential-breakthroughs" rel="noopener noreferrer nofollow">Bitcoin Soars as Ethereum and Shiba Gear Up for Potential Breakthroughs</a></h5>

Bitcoin Soars as Ethereum and Shiba Gear Up for Potential Breakthroughs

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