U.Today – The year started well as evidenced by the 30% price recovery. This rise occurred as XLM crossed the 50 EMA, an important sign of a possible trend reversal and new market strength. Due to favorable market conditions and increased trading activity, XLM has gained momentum and is currently trading around $0.45. As it is an important technical milestone, a break above the 50 EMA is very noteworthy.
Historically, the bearish phase has ended and a persistent upward trend has begun when this moving average is crossed. Around $0.50, the psychological and technical resistance level, is the next possible price target for XLM.
With general market momentum and optimism, a rally towards $0.60 could be on the cards if the stock can overcome this hurdle. With altcoins like XLM gaining ground and holding firm, the overall market has shown signs of stability.
A reversal may occur if it cannot hold above the 50 EMA, testing support levels at $0.39 and $0.30.
Bitcoin is fine
Bitcoin is in a critical phase as 2025 progresses, and its price hovers around $96,700. Signs of a potential downside are emerging even though the commodity has managed to hold on to much of the momentum it gained in late 2024. One of the biggest problems is that Bitcoin has trouble staying above the 50 EMA, an important technical level that often indicates market trends.
Bitcoin’s inability to maintain a strong hold above this line despite several recovery attempts raises questions about the strength of the bullish momentum. Failure to recover and hold this level has historically resulted in long consolidation or declines. Additionally, trading volume has been very low, suggesting that recent price movements may lack the strong support needed for a long-term rally.
Strong buying pressure is needed for Bitcoin to break through the $100,000 psychological barrier, which is a major resistance point, and confirm that its bullish trajectory remains. But there are bright spots for Bitcoin in 2025. Growing institutional interest and the growing acceptance of cryptocurrencies as a mainstream financial asset is driving the cautious optimism that pervades the market as a whole.
A more bullish trend is likely if Bitcoin can break through the current resistance and gain strength above $100,000. Conversely, Bitcoin may retest lower levels if it cannot regain key support levels such as $95,000 and $92,000, with the 200 EMA near $76,000 serving as an important safety net.
it breaks through
A key move was made by Shiba Inu when it crossed the 100 EMA, a key technical resistance level that has been a barrier for weeks. While this breakout shows that the bulls are trying to regain control, the bigger picture points to a small chance of a temporary high. As SHIB is currently trading around $0.00002326, a breakthrough of the 100 EMA indicates a change in market sentiment.
This trend may attract traders who want to gain momentum in the short term. But the trading volume is still low, which shows that the market players are not very sure. From a technical perspective, SHIB has a tough journey ahead. The 50 EMA is the next major resistance and has historically acted as a barrier during a recovery. Buying pressure will be needed to push SHIB above this level to continue its upward trajectory.
A pullback to the 200 EMA, which has been providing support, at around $0.000021 is possible if this is not done. Given the overall market situation, SHIB’s growth prospects seem limited. Recent commodity price movements show a consolidation pattern as opposed to tight circles.
Also raising doubts about Shiba Inu’s future performance is the company’s reliance on speculative trading as opposed to fundamental catalysts. Unless a major catalyst emerges, SHIB may continue to trade in a narrow range in the coming weeks. The track of SHIB may be affected by the increase in volume and changes in the main cryptocurrency market, so investors should be aware of this.
This article was originally published on U.Today
