The post Shiba Inu (SHIB): Another Zero or Full Recovery, Solana (SOL) Golden Cross Comes Back, Dogecoin (DOGE): Crucial Price Moment appeared on BitcoinEthereumNews.com.

Solana has chance Dogecoin reaching breakpoint As it hovers just above the crucial psychological support zone close to $0.00001100, Shiba Inu is in perilous territory. The strength of any short-term bullish attempts is called into question by the recent recovery bounce off the local bottom, which was shallow and had low volume. The bearish pressure is still very much in place because the price is below all of the major moving averages, including the 50, 100 and 200-day EMAs. SHIB has been locked in a consistent downward trend since early June, as the chart makes evident, with the asset failing to regain important resistance levels at $0.00001214 and $0.00001339. These thresholds are now effective overhead obstacles. SHIB/USDT Chart by TradingView The declining volume, on the other hand, indicates a more concerning picture: investor interest is waning and SHIB is especially susceptible to abrupt declines due to the lack of buying activity. It is possible that the asset will add another zero to its price if the current support gives way and SHIB is unable to stay above $0.00001100. In addition to being emotionally devastating for retail holders, this would also signify a general decline in trust in SHIB’s recovery story in the face of a fiercely competitive meme coin market.  That being said, there is still hope. There is still a chance for a short-term recovery that targets $0.00001350 and even $0.00001499 if bulls can hold the current level and reclaim the 26 EMA near $0.00001214 with significant volume. But since the market is currently exhibiting few signs of life, the onus of proof is on the bulls. Solana has chance After recovering from the $130 support level and regaining some short-term momentum, Solana (SOL) is beginning to show early signs of life once more. At $144, SOL is edging…

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Filed under: News - @ June 27, 2025 5:21 am