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**Shiba Inu (SHIB) Bull Run Can Start Now, Ethereum (ETH) Is Alive, Bitcoin (BTC) to $100,000 Secured?**
The crypto market has witnessed a remarkable turnaround in the past few days, with major assets like Bitcoin (BTC), Ethereum (ETH), and Shiba Inu (SHIB) showing signs of life. Amidst the recent turmoil, it appears that investors are slowly returning to the market, pushing prices higher.
In this article, we’ll explore the current trends and provide insights on whether a bull run for SHIB is imminent, while also examining the performance of ETH and BTC.
**Shiba Inu (SHIB) – A Bull Run Imminent?**
After plummeting to new lows in recent months, SHIB has finally started to show some signs of recovery. Despite facing significant challenges, the asset’s price has managed to climb back up by a respectable margin. This upward momentum could be the catalyst for a larger-scale bull run, as it seems that the selling pressure is starting to wane.
The current RSI (Relative Strength Index) reading indicates that the asset may have reached oversold levels, making a short-term reversal plausible. With this in mind, we recommend keeping an eye on SHIB’s chart for any signs of further upward momentum, which could potentially spark a larger bull run.
**Ethereum (ETH) – The Awakening**
In recent months, ETH has been struggling to find its footing, failing to maintain any significant gains despite repeated attempts. However, the recent market shift appears to be working in favor of the second-largest cryptocurrency by market capitalization.
ETH’s current price action suggests that it may have finally turned a corner, as it approaches a crucial resistance level at $[insert value]. If this level is breached, we could see ETH make a strong push higher, potentially even reaching new all-time highs.
**Bitcoin (BTC) – A Journey to $100,000**
The world’s largest cryptocurrency has been steadily climbing since the beginning of 2023. The current upward momentum appears set to continue, as BTC’s RSI is still relatively low and not indicating any signs of overbought levels.
As a result, we believe that BTC may have room to extend its gains further, potentially even reaching the psychologically significant $100,000 mark during the next macro wave. However, traders should keep an eye out for possible rejections in the $90,000-$92,000 resistance zone, which could lead to brief pullbacks.
In conclusion, it appears that the crypto market is finally showing signs of recovery, with SHIB, ETH, and BTC all exhibiting upward momentum. While we cannot predict the future with certainty, we believe that these trends have significant potential for further growth.
Source: https://u.today/shiba-inu-shib-bull-run-can-start-now-ethereum-eth-is-alive-bitcoin-btc-to-100000-secured
