Cryptocurrency

April

Shiba Inu

Avalanche

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-price-predictions-for-avax-and-shib/" data-wpel-link="internal">Cryptocurrency Price Predictions for AVAX and SHIB</a><br></p>
<p style="text-align: justify"><strong>Meme coins</strong> and layer1 altcoins had notable gains in the recent surge. However, this did not last long. <a href="https://coin-turk.com/yuzde50-dusuk-fiyata-bitcoin-almak-ister-misiniz" data-wpel-link="internal">Bitcoin</a> (<a href="https://coin-turk.com/bitcoin-btc-dolari-uce-katladi-kriptoda-kacinilmaz-son-yaklasiyor" data-wpel-link="internal">BTC</a>) lost its price level of $64,000 again, causing altcoins to turn red. While a few altcoins were exceptions, AVAX and SHIB saw a decline of about 4%.</p> 
<h2 style="text-align: justify" id="avalanche-avax-price-prediction">Avalanche (AVAX) Price Prediction</h2> 
<p style="text-align: justify">Despite major news this year, <a href="https://en.coin-turk.com/avax-sees-potential-recovery-key-resistance-level-looms-ahead/" data-wpel-link="internal">Avalanche</a>, one of the largest smart contract platforms, experienced weak gains. Compared to Solana, AVAX has not recovered as expected. At the time of writing, the <strong>AVAX price</strong> is at $36.88. Avalanche has not been able to overcome resistance between its 20-day EMA ($40) and $42.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-344253 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/AVAX-25-Nisan-Tahmin.png" alt="" width="1273" height="786"></p> 
<p style="text-align: justify">The drop in <a href="https://en.coin-turk.com/bitcoin-crosses-30000-following-u-s-data-release-what-do-experts-say/" data-wpel-link="internal">BTC</a> price indicates strong bearish momentum for AVAX. On the other hand, concerns about a consolidation period for BTC that could last weeks or even months are dampening risk appetite. Indeed, the leading cryptocurrency has been trapped below $69,000 since April.</p> 
<p style="text-align: justify">If the weakness in AVAX price continues and BTC does not make a sharp turnaround, prices could drop to support levels between $32 and $27. Closures below this range might signal a deeper dip towards $20. Conversely, closures above $42 could reclaim the $50 breakout level and increase appetite for a triple-digit price target.</p> 
<h2 style="text-align: justify" id="shiba-coin-shib-price-prediction">Shiba Coin (SHIB) Price Prediction</h2> 
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/shiba-inu-leader-kusama-responds-to-coinbases-campaign/" data-wpel-link="internal">Shiba</a> Inu</strong> broke above the downtrend line on April 21 but failed to break the often-discussed $0.000028 resistance. Bulls will continue to be stuck in a narrow range unless they can surpass the 50-day SMA ($0.000028). The reversal of the short-term downtrend depends on crossing this critical region.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-344254 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/Shiba-Coin-25-Nisan-Tahmin.png" alt="" width="1272" height="787"></p> 
<p style="text-align: justify">If resistance is broken, a rally towards the $0.000033 and $0.000039 resistance levels could extend. However, considering the risks brought by losses in BTC price, support levels might be tested. In that case, $0.000020 could be the first stop. Of course, cryptocurrencies are full of surprises, and charts do not definitively predict the future.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/cryptocurrency-price-predictions-for-avax-and-shib/" data-wpel-link="internal">Cryptocurrency Price Predictions for AVAX and SHIB</a></h5>

Cryptocurrency Price Predictions for AVAX and SHIB

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