Cardano (ADA) in Dire State, Shiba Inu (SHIB) Needs Some Help, Ethereum (ETH) Dominance Continues

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Unfortunately, we are not going to see beginning of bull trend just yet

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The RSI is in the bearish zone below the level of 50, suggesting that SHIB lacks buying strength and may thus continue to drift lower until a major positive trigger arises.needs to regain and retain its 50-day EMA for it to come back to a stable state, and in an ideal scenario, it would do this on an expanding trading volume. The next resistance levels to watch would be the 100-day EMA around the $0.000027 and 200-day EMA around the $0.

 

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