Can Toncoin’s latest TON price analysis hint at a breakout, or will Shiba Inu’s bearish indicators keep it grounded? While Shiba Inu price prediction remains cautious, and Toncoin wrestles with critical resistance, those looking for the next big crypto might need to look elsewhere for real gains.
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Key Levels in Focus: TON Price Analysis Shows Breakout Potential
The latest TON price analysis suggests Toncoin might be at a critical turning point. After a prolonged downtrend, TON is hovering near the 0.618 Fibonacci retracement at $3.88, a key level for potential trend reversals. The descending wedge pattern visible in the 4-hour chart indicates a possible breakout, and the Relative Strength Index (RSI) is showing early signs of bullish divergence. If TON breaks above $3.88, it could target the next resistance at $4.72, with a longer-term goal at $5.56 if momentum holds strong.
However, the TON price analysis also presents a bearish scenario. Failure to break above $3.88 could lead to another leg down, potentially revisiting $3.00 or even testing the critical support at $2.68. The RSI remains neutral, and volume confirmation will play a key role in determining TON’s next move.
Shiba Inu Price Prediction: Bearish Signs and Future Potential
The latest Shiba Inu price prediction paints a cautious picture for the meme coin. The formation of a rising death cross, where the short-term moving average crosses below the long-term moving average, suggests that Shiba Inu may face a downturn. Coupled with negative divergence in the Relative Strength Index (RSI), it’s likely that Shiba Inu could see further declines in the near future.
Despite these bearish signals, the Shiba Inu price prediction also hints at some potential support zones, with the price possibly stabilizing between $0.000025 and $0.000035 in 2025. Reaching the ambitious $1 mark remains nearly impossible, as Shiba Inu’s market cap would need to surge by approximately 6,000%. With the current trend and market sentiment, Shiba Inu’s price is more likely to remain below the lofty aspirations for the foreseeable future.
Last Take
The latest TON price analysis shows Toncoin at a critical juncture, with a potential breakout above $3.88 offering an upside target of $4.72. Meanwhile, the Shiba Inu price prediction suggests a more cautious outlook, with bearish technical indicators keeping its ambitious $1 goal out of reach.
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