FLOKI

when

Shiba Inu

Coin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/altcoins-reclaim-support-levels" data-wpel-link="internal" rel="noopener noreferrer nofollow">Altcoins Reclaim Support Levels</a><br></p>
<p style="text-align: justify">Following heavy selling pressure, altcoins have started to recover their support levels as of June 25. Bitcoin’s (BTC) resurgence to $62,000 has helped altcoin <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a> minimize their losses, though the market is still far from the highs witnessed when BTC was at $72,000. Some altcoins have regressed to last year’s levels, prompting questions about the <a href="https://newslinker.co" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">future</a> trajectories of SHIB, FLOKI, and <a href="https://en.bitcoinhaber.net/insight-into-the-rise-of-high-value-xrp-investors" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP</a>.</p>
<h2 id="what-is-the-outlook-for-shiba-inu">What Is the Outlook for Shiba Inu?</h2>
<p style="text-align: justify">Shiba Inu (SHIB) saw a significant drop on June 14, breaking below its parallel channel support and losing nearly 24%. Despite attempts to rebound, SHIB has not yet reclaimed this critical support level. If Bitcoin remains robust, the bulls may aim to recover the support at $0.0000209. Achieving this would be crucial for targeting higher peaks at $0.000038 and beyond. However, if SHIB lingers at its current levels, new lows between $0.000012 and $0.0000099 could be expected.</p>
<h2 id="how-is-floki-coin-performing">How Is FLOKI Coin Performing?</h2>
<p style="text-align: justify">During its peak, many FLOKI Coin investors opted not to sell despite being in profit, only to realize later that selling at the highs might have been a wise move. Currently, demand at lower levels has been observed at $0.000149, with investors buying even during the most recent dip. The goal now is to achieve closures at $0.000198 and above. If the bulls succeed, targeting $0.0003006, the last hurdle before the all-time high, becomes feasible. However, excessive selling could push FLOKI Coin down to $0.000096.</p>
<p style="text-align: justify"><strong>Key Inferences for Investors</strong></p>
<ul>
 <li>Shiba Inu needs to reclaim the $0.0000209 support to aim for higher peaks.</li>
 <li>FLOKI Coin shows strong demand at lower levels, indicating investor confidence.</li>
 <li>XRP’s support at $0.48 is pivotal for future recovery.</li>
</ul>
<h2 id="what-are-the-predictions-for-xrp-coin">What Are the Predictions for XRP Coin?</h2>
<p style="text-align: justify">XRP Coin has not seen significant changes despite Bitcoin’s stability. The price has dropped back to $0.46, and it is attempting to reclaim the $0.48 support. Familiar price regions continue to dominate, reminiscent of levels discussed in September and October 2023. A sustained bull performance appears unlikely unless XRP turns the $0.58 level into solid support. If Bitcoin recovers, XRP could test this level and aim for higher resistances at $0.74 and $0.937. Surpassing $1.3 in market value terms, however, remains a challenging feat for XRP.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/altcoins-reclaim-support-levels" data-wpel-link="internal" rel="noopener noreferrer nofollow">Altcoins Reclaim Support Levels</a></h5>

Altcoins Reclaim Support Levels

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Ďalšie články zverejnené 26. 6. 2024

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