, the reversal on numerous assets commenced. However, in less than 24 hours, the situation on assets like Shiba Inu and Dogecoin changed drastically, causing moves on assets no one could have expected. But unfortunately, not every cryptocurrency on the market can boast of such an effective move.One of the least expected moves on the market was a massive 20% comeback of Shiba Inu after days of consolidation around the same price level.
From a technical perspective, Shiba Inu broke through the local 200-day moving average resistance level that acted as a selling guideline for the token since 2021. Unfortunately, it is too early to call Shiba Inu's move a full-blown reversal considering the enormous losses In order to become profitable for the majority of holders, Shiba Inu would need to gain almost 100% of its current price level.
Unfortunately, Dogecoin's rebound was not as impressive as SHIB's, but it still shows high potential for a further recovery.Unfortunately, not every cryptocurrency on the market feels like moving upward. Cardano's price performance against the U.S.
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