SOL ETF

Dogecoin

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/investors-monitor-bitcoin-price-shifts" data-wpel-link="internal" rel="noopener noreferrer nofollow">Investors Monitor Bitcoin Price Shifts</a><br></p>
<p style="text-align: justify">Bitcoin (BTC) continues to experience price fluctuations with no clear trend reversal. Investors are keenly watching the upcoming US inflation data. Depending on the results, a temporary rise may occur if there’s no adverse <a href="https://newslinker.co" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">news</a> from MTGOX. This article reviews the latest chart analyses for SOL, DOGE, and TON Coin, shedding light on potential price movements.</p>
<h2 id="solana-s-short-term-outlook">Solana’s Short-Term Outlook</h2>
<p style="text-align: justify"><a href="https://en.bitcoinhaber.net/solanas-surge-nears-100-milestone-as-bnb-takes-fourth-in-market-cap-race" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana</a> (SOL) is currently priced at $140, aiming for the SMA50 target of $151. This goal might trigger short-term profit-taking, potentially leading to another attempt at $116. If the topic of spot SOL ETF applications maintains traction, investor enthusiasm for a rise in the short to medium term could increase. A breakout above the SMA50 will confirm higher level demand due to market sentiment and ETF influences, possibly invalidating the descending triangle formation as the price ascends.</p>
<h2 id="dogecoin-struggles-with-resistance">Dogecoin Struggles with Resistance</h2>
<p style="text-align: justify">Dogecoin (DOGE), the most established meme coin, is facing a different market landscape compared to earlier years. New <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a> are leaning towards newer meme coins with higher growth potential like PEPE, BONK, and FLOKI. DOGE remains under the $0.12 breakout level. If the downward trend continues, DOGE might drop to $0.09, confining it between $0.12 and $0.09. A successful breakout above $0.12 could shift focus to $0.14 and $0.18.</p>
<h2 id="key-insights-for-investors">Key Insights for Investors</h2>
<p style="text-align: justify">– Monitor US inflation data for potential short-term BTC price rises.<br> – Watch for SOL’s movement towards and beyond the SMA50 to gauge market sentiment.<br> – Consider alternative meme coins with higher growth potential as DOGE remains under pressure.<br> – Track TON Coin’s progress past the EMA20 for signs of continued recovery.</p>
<h2 id="ton-coin-s-potential-rise">TON Coin’s Potential Rise</h2>
<p style="text-align: justify">TON Coin has made a significant stride towards its long-term objectives by announcing a new layer2 to strengthen its ecosystem. The coin rebounded from the $6.77 support level, with buyers re-entering the market. A critical level to surpass next is the EMA20 at $7.39, followed by potential ascents to $7.72 and $8.29. The $6.77 support level will remain a crucial point to watch below.</p>
<p style="text-align: justify">Investors are closely observing these developments to make informed decisions in the volatile cryptocurrency market.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/investors-monitor-bitcoin-price-shifts" data-wpel-link="internal" rel="noopener noreferrer nofollow">Investors Monitor Bitcoin Price Shifts</a></h5>

Investors Monitor Bitcoin Price Shifts

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