Will SHIB Add Another Zero? Bitcoin and Ethereum’s Next Moves Are Critical

• SHIB breaks below crucial support, raising concerns of further declines toward $0.000009.
• Bitcoin falls below $104K support; the next test lies at $ 97K – $99 K for potential reversal.
• Ethereum struggles below key EMAs, with support at $2,400-$2,450 and risk of further decline.

Shiba Inu (SHIB), Bitcoin (BTC), and Ethereum (ETH) are approaching significant points in their price trends. SHIB has dropped in price after falling below critical supports, and Bitcoin has shown signs that it may reverse following its recent highs. Ethereum is moving within an upward-sloping channel, struggling to choose a clear path.

As of press time, Shiba Inu is trading at $0.00001237, down by a 7.80% drop over the past day. The meme coin recently dropped below its 50-day EMA support, which had been holding its price for the previous few months. As a result of this breach, there is a concern about lower prices, which could drop below the support range of $0.0000120-$0.000009. In this case, SHIB would increase by another zero, and this could make investors anxious and more likely to sell their SHIB.

More selling is putting pressure on SHIB, since its RSI is…

The post Will SHIB Add Another Zero? Bitcoin and Ethereum’s Next Moves Are Critical appeared first on Coin Edition.