Shiba Inu (SHIB) is garnering attention again as analysts expect a price surge of as much as 215%. This forecast has led to questions regarding whether the token will be able to surge past the $1 mark by the year 2025. While Solana (SOL) is consolidating after a recent pullback, a new altcoin, Yeti Ouro (YETIO), is also emerging as a favorite of crypto whales due to its play-to-earn model.
Shiba Inu News: Bullish Potential Fueled By Hidden Divergence
Shiba Inu price has displayed a strong reversal pattern which is further backed by a hidden bullish divergence. It has been noted that while Shiba Inu Coin has been trading at lower lows, the currency’s Relative Strength Index (RSI) has been trading at higher lows. This pattern indicates that the buying pressure is rising, and shortly thereafter, Shiba Inu’s price may break out of the consolidation phase.
Shiba Inu coin price rises above the critical resistance level of $0.000081, then it is likely to spur a steep price surge. According to technical analysis, the token could increase by 215%, reaching levels last observed in 2024. This would be a major gain for Shiba inu coin price after the token was unable to sustain an upward trend for the previous months.
Solana News: Eyes A $500 Target Despite Recent Correction
Among the major cryptocurrencies, Solana price has recently had a correction following its rise to $264. The SOL retracement has pushed the token to an important support zone of around $200.
This pattern called the “cup and handle” has formed on SOL’s weekly chart and has attracted the trader’s attention. This evident chart pattern reversal indicates a bullish breakout. If the SOL/USD breaks through the neckline at $260, then it could reach a 96% appreciation potential bringing the token price to $500.
Solana price prediction suggests that market indicators that include the Bollinger Bands Trend (BBTrend) demonstrate bearish pressure is building up. The BBTrend has become negative over the last eight days and might signal short-term troubles ahead of SOL before it rebounds.
Yeti Ouro Attracts Crypto Whales With Innovative Gaming Features
Yeti Ouro is a new altcoin on the Ethereum blockchain that has recently attracted attention because it has features of meme coins and play-to-earn games. The company’s major game Yeti Go is a racing game that is designed to run on Unreal Engine 5, where players are given incentives in the form of YETIO tokens for competing in tournaments and challenges.
The project is nearing the finish line of the first stage of its presale, collecting over $566,000. Having a total token supply of 1 billion and implementing a deflationary burn mechanism, Yeti Ouro is planning to maximize the value for its investors. This is evidenced by real-world gaming use cases that the token has incorporated into its system, making it very appealing to investors with the second presale stage already underway.
The development team has recently shared a behind-the-scenes video showing the team at work. This coincides with a Black Friday 20% offer on token sales running from 29th November to 2nd December.
Now, the major crypto whales have begun to include Yeti Ouro in their assets together with other tokens such as Solana. This growing interest is expected to increase YETIO’s usage as the game advances through its development.
Join the Yeti Ouro Community
Website: https://yetiouro.io/
Telegram: https://t.me/yetiouroofficial
Discord: https://discord.gg/YtUsEZ2ZrV
X (Formally Twitter): https://x.com/yetiouro
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
