But almost no plus from U.Today
U.Today – The year has started well, as evidenced by the remarkable 30% price recovery. This increase occurs when XLM crosses above the 50 EMA, an important sign of possible trend reversals and a new uptrend in the market. Thanks to a favorable market environment and increased trading activity, XLM has gained traction and is currently trading at around $0.45. As a significant technical milestone, the break above the 50 EMA is particularly noteworthy.
Historically, when this moving average is crossed, a bearish phase has ended and a more sustained uptrend has begun. Around $0.50, a psychological and technical resistance level, is the next possible price target for XLM.
Given the momentum and general market optimism, a rally towards $0.60 could be possible if the asset can overcome this obstacle. As altcoins like XLM gain ground and remain stable, the market as a whole is showing signs of stabilization.
A retracement could also occur if it fails to sustain above the 50-EMA and tests the support levels at $0.39 and $0.30.
Bitcoin is getting ready
Bitcoin is in a crucial phase at the beginning of 2025 and its price is around $96,700. There are signs of a possible slowdown, although the asset has managed to maintain much of the momentum gained during the late 2024 rally. One of the main problems is that Bitcoin is having a hard time staying above the 50 EMA, a crucial technical level that often signals market trends.
Bitcoin’s inability to hold strongly above this line despite some recovery attempts raises questions about the strength of the bullish momentum. Failure to recover and maintain this level has historically led to a prolonged consolidation or even a decline. Additionally, trading volume has been rather light, suggesting that recent price movements may not provide the strong support needed for a long-term recovery.
Stronger buying pressure is needed for Bitcoin to break through the psychological $100,000 level, which is a key resistance area, and confirm that its uptrend is still ongoing. But there are some bright spots for Bitcoin in 2025. Growing institutional interest and acceptance of cryptocurrencies as everyday financial assets is driving the cautious optimism that is permeating the entire market.
A more ambitious uptrend could be possible if Bitcoin can overcome current resistance and gain traction beyond the $100,000 threshold. Conversely, Bitcoin could retest lower levels if it fails to regain key support levels such as $95,000 and $92,000, with the 200 EMA near $76,000 serving as a crucial safety net.
breaks through
Shiba Inu made a significant move when it broke through the 100 EMA, a key technical resistance level that has been a hurdle for weeks. Although this breakout shows that bulls are trying to regain control, the bigger picture suggests that the chance of a short-term uptrend is slim. With SHIB currently trading at around $0.00002326, a breakout of the 100-EMA suggests a change in market sentiment.
This trend could attract traders looking to capitalize on the momentum in the short term. However, trading volumes are still low, suggesting that market participants are not very confident. From a technical perspective, SHIB faces a difficult journey. The 50 EMA is the next major resistance and has historically served as a barrier during rallies. To push SHIB above this level would require significant buying pressure for it to continue its uptrend.
Failure to do so could result in a pullback towards the 200-EMA, which has always provided support, around $0.000021. Given the overall market situation, SHIB’s growth prospects appear to be limited. The asset’s recent price movement suggests a consolidation pattern rather than strong rallies.
Further doubting Shiba Inu’s future performance is cast by the company’s reliance on speculative trading rather than fundamental catalysts. Unless a major catalyst emerges, SHIB could continue to trade in a tight range in the coming weeks. SHIB’s performance can be affected by volume spikes and changes in the larger cryptocurrency market, so investors should pay attention.
