COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Shiba Coin Experiences Significant Rise as BTC Stays Strong
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Technical Analysis > Shiba Coin Experiences Significant Rise as BTC Stays Strong
Technical Analysis

Shiba Coin Experiences Significant Rise as BTC Stays Strong

In Brief

  • Shiba Coin and other altcoins are experiencing significant price increases.

  • Solana shows potential for further gains if it maintains current momentum.

  • Market conditions indicate risks for Baby Dogecoin in the upcoming days.

İlayda Peker
İlayda Peker 2 years ago
Share
SHARE

Today, Shiba Coin witnessed an impressive surge, with Bitcoin $78,323 prices closing above $65,000, boosting market sentiment. It is likely that other altcoins will follow this upward trend. If Bitcoin maintains its strength in the upcoming hours, we could see new peaks for SOL, SHIB, and BABY DOGE. What are the current predictions?

Contents
Solana (SOL)Shiba CoinBaby Dogecoin

Solana (SOL)

We previously highlighted that the price drop to $120 at the beginning of September could provide a short-term buying opportunity. Indeed, investors who bought at this level have seized this chance at least six times since March. SOL Coin has made multiple attempts to rise from $120 to the $156 range, offering a profit opportunity of approximately 30% each time.

Now, closing above $150 continues. The next critical target is the $162 level, where selling pressure could intensify as seen in previous attempts. A supportive environment is present for SOL Coin bulls, especially if Bitcoin aims for $68,000 above $65,000.

Shiba Coin

As the second-largest meme coin by market capitalization, Shiba Coin rose approximately 30% today. It peaked at $0.00001937, encountering profit-taking, yet remains above the support at $0.00001742. This situation indicates that a test of the previously mentioned parallel channel support is still feasible.

If the level of $0.00001937 is broken with significant volume, the next target will clearly be the parallel channel support at $0.00002093. However, such rapid rises have not been common for Shiba recently. Thus, a retreat to the support level could lead to another attempt and possibly a test at $0.00002609. Closing above $0.00002952 would reflect a new appetite for all-time highs.

Baby Dogecoin

Previously, Baby Dogecoin $0.095806 has rapidly surged, returning half of its gains, but it has yet to do so this time. If BABY DOGE can maintain its position, it could signal the end of the downtrend and the potential for a new all-time high. The area below $0.000000001804 might witness increased selling pressure. The upper wicks indicate that profit-taking is prevalent, making the next 48 hours potentially risky.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Altcoins make gains as bitcoin recovers above $69,000 with optimism from new agreement news

Crypto Markets Brace for Volatility as Oil Surge Adds Pressure on SOL, XRP, and AVAX

Bitcoin Slides as Iran Talks Stall and Altcoins Feel the Pressure

Bitcoin Reclaims $68,000 as ADA, LINK, and AVAX Lead Altcoin Surge

Bitcoin Bounces Back from $62,000 Low as Altcoins Rally with Double-Digit Gains

İlayda Peker 26 September, 2024 - 10:58 pm 26 September, 2024 - 10:58 pm
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article Analysts Predict Significant Price Increases for AMB Coin and TAO Coin
Next Article Experts Provide Insights on Bitcoin’s Price Movements
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Bitcoin faces $78,000 resistance as sellers line up at $80,000
Bitcoin (BTC)
Ethereum whales ramp up short bets as price hits $2,000
Ethereum (ETH)
Cardano halves treasury funding request to $46.8 million for 2026
Cardano (ADA)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?