Ethereum Makes Biggest Comeback in Q4, Shiba Inu to Enter New Bullish Market Phase, Solana Doubletop Pattern Incoming?Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies.
Ethereum Makes Biggest Comeback in Q4, Shiba Inu to Enter New Bullish Market Phase, Solana Doubletop Pattern Incoming?The break of the 50-day moving average, which frequently marks the start of a more robust bullish trend, has occurred. There is still more resistance for Ethereum to overcome, though, especially in the $2,800 price range, which might be difficult to do without enough buying pressure.Whether Ethereum can maintain this momentum over the next few days is the question at hand.
It is important to remember that there is still uncertainty on the cryptocurrency market as a whole, and SHIB will require steady buying pressure to maintain its upward momentum. Investors looking to confirm the beginning of a new bullish market phase should keep a close eye on both price action and on-chain signals.looks to be developing a possible double-top pattern, which could indicate trouble for the stock in the near future.
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