Author: Coincu News

SHIB eventually fell to the USD 0.000030 support, which is the best zone to reverse the current downtrend. This is because this level is its all-time high to date. In addition, the downtrend forms an ending crossover (blue area). A break out of this triangle could push the price up to the $ 0.000034 resistance and potentially initiate a significant rally. Daily SHIB / USDT Chart | Source: TradingView Technical indicators Volume: The volume remains low during this correction. However, a trend reversal should prompt buyers to quickly look back at past price movements. RSI: The RSI hits higher lows…

Since hitting an all-time high (ATH) of $ 4,870 on November 10, Ether price has hit lower lows throughout the past 50 days. If this trend continues, it will likely bottom out at $ 3,600. However, the data on the derivatives market signals that professional traders are not concerned about the current bearish structure of the market. Ether / USD price chart | Source: TradingView Local highs keep getting lower over the 12 hour period as growing regulatory concerns drive investors off the market. During a press conference on December 17, the governor of Russia’s central bank, Elvira Nabiullina, announced that the…