Days are not precisely good for three tokens—Dogecoin (DOGE), Shiba Inu (SHIB), and Ethereum (ETH). Ether, for one, comes as a surprise considering the approval of the final forms of Spot ETF is right on the table, in front of the US Securities & Exchange Commission—that is, the SEC. DOGE and SHIB may have dipped in reaction to the prevailing market conditions.
SHIB is down by 2.85% in the last 24 hours. It is listed at $0.00002238 to test the resistance of $0.000021 effectively. Falling beneath that margin would potentially attract a larger number of declines. The current exchange value is also down by 6.27% in the last 7 days, with impact evident on the market, which has plummeted by 2.90% at the press time. The 24-hour trading volume is up by 40.59%, but it is believed that investors are liquidating their holdings.
Overall, sentiments for SHIB are bearish. It has seen 43% green trades in the last 30 days. The 14-day RSI is 43.66, and volatility is 4.50%. The 50-day SMA and 200-day SMA are $0.00002451 and $0.00001790, respectively. The Fear & Greed Index still has a mark of 72 intact for the token.
Near-term predictions are optimistic. Over the next 30 days, the value is expected to rise 227.22%, reaching $0.00007494.
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Dogecoin is down by 2.78% in the last 24 hours, at $0.1402. The market cap is still above $20 billion, but there is a slight decline of 2.77% at the press time. DOGE is further down by 11.27% in the last 7 days and 3.05% in the last 30 days. Sentiments were expected to be neutral; however, they have transitioned to being bearish, with 47% green trades in the last 30 days.
The near-term prediction is in red, with the dip of 14.04% expected to take the value to $.124296 from the current listing. The 14-day RSI is at 40.07. The 50-day SMA and 200-day SMA come to $0.154108 and $0.124201, respectively, applicable in the same order.
Prevailing conditions are bearish, and so is the near-term prediction – it is only safe to assume that DOGE has a difficult phase coming up despite the Musk factor, wherein it was expected that Elon Musk would integrate DOGE into X payment services.
Ether ETFs can still make a splash of a bull run, but that would require the agency to give a green light to registration forms. Until then, ETH has retraced its steps back to a lower value of $3,539.83—away from the $4,000 milestone.
Sentiments are neutral, backed by 57% green trades in the last month and a volatility of 9.84%. The 14-day RSI comes to 57.96. The 50-day SMA and 200-day SMA are $3,340.62 and $2,904.62, respectively.
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DOGE, SHIB, and ETH seek immediate support levels of $0.1400, $0.000021, and $3,500. Future price movements on the chart remain to be seen in the days to come.
