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Recent Surge: SHIB has gained nearly 20% from its weekly low of $0.00001583.Golden Crossover Potential: The convergence of the 50-day and 200-day SMA indicates a likely golden crossover, supporting a bullish outlook.Double Bottom Formation: A double bottom reversal at the 23.60% Fibonacci level ($0.00001633) reinforces the uptrend.Fibonacci Targets: The immediate target is the 50% Fibonacci level at $0.00002144, with further potential toward $0.00003591.Broader Market Influence: Bullish sentiment in the broader market recovery could further fuel SHIB’s climb.

Will CFX Price Reclaim $0.50? Fibonacci level Breakout Signals Major RecoveryWith a resurgence in buying pressure, the CFX price is back in action and ranks among the top 24H performers. Rising nearly 4% in the last 24 hours, Conflux approaches the $700M market cap. With a new recovery run in the daily chart, will the CFX price reach the $0.50 psychological mark? Find out more about the Conflux price trend in our detailed analysis. CFX Price AnalysisIn the daily chart, CFX price action shows a falling channel breakout rally struggling to gain momentum. After a bullish failure to sustain dominance above the 200-day EMA and the 38.20% Fibonacci level at the $0.20 psychological mark, the CFX price dropped below the 50-day EMA. TradingviewAfter making a recent low at $0.1290, the DeFi token is back in action. As the broader market recovers, the altcoin has recovered by 18.09% in the past 5 days from its 7-day low at $0.1290. Currently, it is trading at $0.1526 with an intraday pullback of 1.87%. The intraday pullback faces opposition from the 50-day EMA at $0.1574. The dynamic resistance is a neckline of the recent V-shaped recovery and warns of a new lower-high formation. Technical indicators:MACD: As the bullish resurgence propels the CFX price, the MACD indicator prepares for a bullish crossover. EMA: The 50-day and 200-day EMA maintains a lateral trend with the death cross possibility teasing the long-term holders. Will CFX Price Hit $0.50?The 23.60% Fibonacci level breakout is likely to test the 38.20% level or the $0.20 psychological mark. However, for a sustained recovery, the uptrend must break above the $0.20 mark. This will increase the chances of a golden crossover between the 50-day and 200-day EMA and face the crucial resistance of 50% Fibonacci level at $0.2425. The $0.2425 resistance level has resulted in multiple reversals between April and May and will likely consolidate market prices. In case of a broader market recovery, the 50% Fibonacci level breakout is likely to hit the $0.51 mark or the apex of the falling channel pattern. Hence, if conflux exceeds the $0.24 psychological mark in November, the chances of reclaiming the psychological mark of $0.50 will significantly increase. Conversely, the crucial support for the altcoin remains at the $0.15 psychological mark and $0.11 psychological mark.Wondering if CFX will hit $5 in 2024? Find out now in Coinpedia’s well-rounded CFX price prediction, and subscribe to us for all the latest updates!

Breakout Rally: SUI is showing a strong breakout from a falling channel, which has triggered a bullish rally.Support & Trendline: Price is finding reliable support at the 50-day EMA and a new ascending support trendline.Morning Star Pattern: The recent 16.82% jump formed a massive bullish engulfing candle, suggesting a bullish continuation.Fibonacci Levels: SUI is challenging the 100% Fibonacci level; next targets are set at $3 (1.272) and $4.80 (1.618).RSI Strength: Bullish momentum is evident as the RSI surpasses the 14-day SMA, approaching the overbought zone.Rounding Bottom Formation: A completed rounding bottom reversal pattern hints at strong underlying bullish sentiment.Psychological Resistance at $2: There is a constant struggle to maintain price action above the psychological $2 level, which is crucial for further gains.Positive EMA Alignment: Daily EMAs (50, 100, 200) are positively aligned, reinforcing the uptrend.Potential Pullback Zones: In a bearish scenario, the next support levels are near $1.85 at the support trendline and the 50-day EMA at $1.7303.Volume Surge: A significant uptick in trading volume indicates strong buying interest, further supporting the bullish outlook.

Current Price at $68,217: Bitcoin trades above the $68,000 support level, suggesting sustained buying interest as it attempts to consolidate recent gains.Resistance at $70,000: BTC faces a crucial psychological resistance at $70,000. A breakout above this level could signify bullish momentum, targeting higher levels.Support at 61.80% Fibonacci ($66,167): The recent pullback found support at the 61.80% Fibonacci level, around $66,167, a level likely to act as a buffer in case of a downturn.Double Bottom Reversal: On the 4-hour chart, a double-bottom pattern hints at a bullish reversal, with the neckline positioned around $68,200, indicating a potential breakout point.78.60% Fibonacci Resistance ($69,000): The recovery rally is targeting the 78.60% Fibonacci level around $69,000. Breaking this level could confirm a continuation of the uptrend.RSI Divergence on 4-Hour Chart: The RSI shows divergence, supporting the double-bottom pattern and hinting at a continuation of the bullish reversal if the RSI strengthens further.Short-Term Target at 23.60% Fibonacci ($68,359): BTC needs to surpass the 23.60% Fibonacci level at $68,359 on the 4-hour chart to gain short-term bullish momentum, which may lead to a retest of $70,000.Institutional Inflows in Bitcoin ETFs: Bitcoin ETFs have seen a ~$3.5 billion net inflow over three weeks, signaling strong institutional support, likely to bolster BTC’s price stability and potential uptrend.Retest of Resistance Trendline Breakout: The recent pullback acts as a retest of the resistance trendline breakout, suggesting that BTC could maintain its upward trajectory as long as it holds above this level.Trend-Based Fibonacci Target at $70,817: A breakout above $70,000 could push BTC towards the trend-based Fibonacci target at $70,817, reinforcing the strength of the bullish trend.Next Fibonacci Targets at $73,500 and $75,500: Short-term bullish targets lie at the 78.60% ($73,500) and 100% Fibonacci levels ($75,500), setting potential ceilings for the rally.

Resistance at $0.15: DOGE faces strong resistance at the $0.15 psychological level. Breaking above this could open the path for a sustained uptrend.Golden Crossover: The recent golden crossover between the 50-day and 200-day EMAs signals a bullish shift, with potential for an extended rally if the crossover holds.Fibonacci Resistance at $0.1432: DOGE struggles to move past the 38.20% Fibonacci retracement level at $0.1432. This level remains a key resistance for further upward movement.Next Target at $0.1571: Should DOGE break the $0.1432 resistance, the next Fibonacci level at 50% ($0.1571) is the short-term target, indicating potential for additional gains.Support at $0.1239: Key support for DOGE sits at $0.1239, a crucial level that may act as a rebound point if the price faces increased selling pressure.Medium-Term Target at $0.1930: If bullish momentum extends, DOGE could challenge the 78.60% Fibonacci retracement level at $0.1930, positioning it closer to the $0.20 range.Sideways Trend Near $0.135 to $0.146: The current sideways movement suggests consolidation around this range, with potential for breakout depending on volume and broader market strength.

Resistance at $177: Solana's bullish momentum struggles at the $177 level, indicating a strong resistance, which, if breached, could signal further upward movement.Potential Drop to $150: If the bearish trend strengthens, SOL could slide down to the $150 support level, especially if it breaks below the key $164 neckline.Triple Black Crow Pattern: On the 4-hour chart, three consecutive bearish candles form a triple black crow pattern, a potent bearish reversal signal, indicating possible downward pressure.Rising Channel Formation: The recent price movement shows a rising channel pattern, but failure to make a new high suggests possible exhaustion in the uptrend.Double Top Reversal Signal: The failure to surpass $177 has formed a potential double top, warning of a bearish reversal if the neckline at $164 is breached.50 EMA Support at $168: Immediate support sits around the 50 EMA at $168, a critical level for bulls to defend in case of further bearish pressure.Key Trendline Support Near $165: A rising trendline near $165 adds another layer of defense, where a break below could intensify the selling pressure.200 EMA Support at $156: The 200 EMA at $156 serves as a crucial support, acting as the final defense before a potential slide to the $150 psychological level.Ascending Triangle Formation: A reversal from current support levels could shape an ascending triangle pattern, setting the stage for a breakout above $177.Volatility Amid Bitcoin's Fluctuations: Bitcoin's current volatility near $67,000 could affect SOL's trajectory, adding pressure on SOL’s support levels.Psychological Resistance at $200: If SOL gains momentum, the next significant psychological resistance level stands at $200, a critical milestone in the potential uptrend.

Floki shows a breakout rally from a falling channel, gaining momentum.A new support trendline forms, reinforcing the higher low formation.An ascending triangle pattern is emerging, with the glass ceiling at the 38.20% Fibonacci level of $0.0001654.Floki is currently trading at $0.0001529, with an intraday gain of 7.43%.The bullish engulfing candle began from the 23.60% Fibonacci level of $0.0001415.Floki has surpassed the 200-day EMA, indicating growing bullish strength.A golden crossover between the 50-day and 200-day EMAs is likely, signaling further bullish momentum.MACD and signal lines remain in positive alignment, supporting the uptrend.The ascending triangle breakout could push Floki toward the top of the falling channel pattern at $0.0003204.Floki has an upside potential of more than 100%, indicating a possible 2x rally.The current price action suggests Floki is positioned for a strong continuation of the bull run.A breakout from the triangle pattern could trigger the next leg of the rally toward $0.0003204.

Dogecoin price has jumped 24.57% in 8 consecutive bullish candles.DOGE surged 62.64% from its recent low of $0.08049 on August 5th.The price action completed a rounding-bottom reversal after surpassing $0.1282.MACD shows a positive crossover with growing momentum and bullish histograms.The 50-day EMA uptick increases the likelihood of a golden crossover soon.Dogecoin social activity spiked to a 12-month high, with dominance increasing by 1.55%.DOGE faces resistance at $0.14, resulting in a long-wicked intraday candle.The uptrend has surpassed the 23.60% and 38.20% Fibonacci levels.The next price targets are $0.14404 at the 50% Fibonacci level and $0.1591 at 67.80%.DOGE may reach $0.1835 if the bullish trend continues with broader market recovery.Key support levels stand at $0.1151 and $0.10 psychological mark.Market sentiment remains bullish at 84%, despite a 10% decline.

Litecoin surges 13.43% in five days, breaking the $73 resistance.LTC price forms a V-shaped reversal, leading to a rising channel rally.Currently trading at $72.27, Litecoin tests the overhead resistance trendline.The intraday candle shows price rejection at the 38.20% Fibonacci level near $76.A minor pullback is possible following rejection from the $76 mark.The 200-day EMA provides strong support at $70.66, sustaining bullish momentum.An uptick in the 50-day EMA suggests a potential golden crossover soon.MACD and signal lines remain positively aligned, reflecting increased bullish strength.A breakout above the $82 mark could target the 78.60% Fibonacci level at $97.77.Litecoin needs to surpass the $82 resistance to potentially hit $100.If a pullback occurs, key support levels are at $68.53 and $60.Litecoin's bullish channel formation signals continued upward momentum toward $100.

BNB price action is currently in a short-term recovery phase, with an ascending triangle pattern forming near the $600 psychological resistance.The altcoin has been consolidating between $464 and the $600 supply zone, with BNB trading at $583 after a 2.91% recovery.BNB is trading above both the 50-day and 200-day EMAs, signaling strength in the price action.The 50% Fibonacci level at $587 acts as immediate resistance, but a bullish engulfing candle suggests an increased likelihood of an overhead breakout.The 50-day and 200-day EMAs show a sideways movement in a positive alignment, giving a neutral trend signal.A bullish crossover in the MACD and signal lines near the resistance level strengthens the chances of a breakout.If BNB breaks out, potential targets are $711 and $863 based on Fibonacci extensions.On the downside, critical support levels include the local trendline and the 23.60% Fibonacci level at $522.