According to the predictions of machine learning algorithms and analysts, the prices of SHIB, SOL, ETH and BTC may fluctuate between the levels below in June.
Machine learning algorithm determines SHIB price for June
The SHIB price has gained attention again in recent weeks after the announcements about the Shibarium update. However, according to the machine learning algorithm developed by PricePredictions, the price will not be able to evaluate these news efficiently.
According to the predictions of the algorithm, SHIB will trade at around $0.000008327 at the end of June. This represents a 1.66% decrease from current levels. SHIB is currently trading in the $0.0…08652 zone, where it is up around 2% on the day.
Technical analysis shows that the closest support level for Shiba Inu price is at $0.000008. This support will be the area where buying pressure is likely to increase, resulting in a potential price spike. On the other hand, $0.00000894 will act as resistance to prevent the price from making any further upward moves.
$25 next for Solana (SOL)?
Having crossed the $20 mark earlier this week, Solana (SOL) continues its upward trajectory, bolstered by increased user engagement and recent positive comments from the project’s co-founder.
Most of SOL’s gains were sustained throughout the week as last month’s price action remained down about 4%. Still, since the start of the year, its price has increased by a whopping 112% from just $9.99.
As for price predictions, crypto expert Altcoin Sherpa points to $20.73 as critical support. The analyst highlighted this area as a ‘scary spot’ for the SOL. If it goes below that, the bears will likely drag the price down to $14-15.
On the other hand, as investment expert Jimie points out, the next obvious level of resistance for the SOL is $26. “If SOL can close above $21.3, miss/buy maybe a good idea,” says the analyst.
Can Ethereum reach $2,000?
After network fees returned to their normal levels, Ethereum (ETH) price moved up a bit. However, there is still a strong resistance level that should turn into support for the upside moves.
Specifically, crypto analyst Crypto Tony noted the optimism surrounding the recent Ethereum price surge. However, he also recommended walking away, as “we won’t really be able to move higher unless we turn $2,000 to support,” according to his tweet and chart pattern analysis.
As the crypto expert puts it, “the clue to bear control is in the highlighted section. 3 waves rise from lows shows bearish trend.” Indeed, according to chart analysis, Ethereum is currently performing a corrective up move with “one more leg down overall” on the cards.
Artificial intelligence waiting for drop in SHIB sees bullish for Bitcoin
Bitcoin is currently busy retrieving the psychologically important $28,000 level. PricePredictions’ machine learning algorithm predicts that the price will trade $27,540.35 by the end of June. This level is a tiny bit higher than the current $27,164.40 BTC price.
cryptocoin.com In this article, we have included the short-term Bitcoin price expectations of famous forecasters.
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