U. Today – The year is off to a good start as evidenced by the impressive 30% return. This spike occurred as XLM crossed the 50 EMA, a key indicator of a trend reversal and a new market uptrend. Thanks to favorable market conditions and increased trading activity, XLM has gained traction and is currently trading around $0.45. Being an important technical step, a break above the 50 EMA is more noticeable.
Historically, a bearish phase has ended and a continuous uptrend has begun when this moving average crosses. Around $0.50, the psychological and technical resistance level, is the next price target for XLM.
With the momentum and general market optimism, a rally towards $0.60 could be on the cards if the asset is able to overcome this barrier. With altcoins like XLM gaining ground and holding steady, the entire market has shown signs of stability.
A recovery is possible if it cannot hold above the EMA of 50, testing support levels at $0.39 and $0.30.
Bitcoin is good
Bitcoin is at a critical level as 2025 progresses, with its price hovering around $96,700. Signs of a possible slowdown are emerging even though the asset has managed to hold on to much of the momentum it gained at the end of the 2024 rally. One of the main problems is that Bitcoin has difficulty 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 a few recovery attempts raises questions about the strength of the bullish momentum. Failure to recover and hold this level has historically led to prolonged consolidation or decline. In addition, 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 the psychological barrier of $100,000, the biggest resistance point, and confirm that the bullish trajectory remains. But there are bright spots for Bitcoin in 2025. The growth of institutional interest and the growing acceptance of cryptocurrencies as a mainstream financial asset is driving cautious optimism that affects the overall market.
A more bullish trend is likely if Bitcoin can break through current resistance and gain traction above $100,000. On the other hand, Bitcoin may retest lower levels if it is unable to regain important support levels like $95,000 and $92,000, with the 200 EMA near $76,000 serving as an important safety net.
he pierces
An important step was made by Shiba Inu when it broke the 100 EMA, an important technical resistance level that has been a barrier for weeks. Although this breakout shows that the bulls are trying to regain control, the bigger picture points to little chance of a short-term upside. Since SHIB is currently trading around $0.00002326, the achievement of the 100 EMA indicates a change in market sentiment.
This trend can attract traders looking for short-term momentum gains. But trading volume is still low, indicating that market players are not very confident. From a technical perspective, SHIB has a tough journey ahead. The 50 EMA is the next resistance and has historically served as a barrier during a reversal. Significant buying pressure will be needed to push SHIB above this level to continue its upward trajectory.
A retracement of the 200 EMA, which has provided constant support, around $0.000021 is possible if this is not done. Given the overall market situation, SHIB's growth prospects seem limited. The asset's recent price action shows a strengthening pattern against strong rallies.
Further raising doubts about Shiba Inu's future performance is the company's reliance on speculative trading as opposed to fundamentals. Unless a major catalyst appears, SHIB may continue to trade in a narrow range in the coming weeks. SHIB's track can be affected by volume increases and changes in the larger cryptocurrency market, so investors should keep an eye on these.