The rapid recovery of the leading crypto currency Bitcoin (BTC) after its decline to $ 28,800 allowed crypto currencies such as Shiba Inu (SHIB), Holo (HOT) and Chiliz (CHZ) to turn its direction up.
The Price of Shiba Inu and Prospects
At the time of the publication of the article, Shiba Inu was listed at $0.0000069 Dogecoin it is known that he has a clone. After Dogecoin received a big increase in 2021, a lot of joke coins appeared, and what is popular in them Shiba Inu It has happened.
According to analysts’ statements, SHIB’s price movements are similar to both Dogecoin’s and Bitcoin’s price movementswhat a connected way it is moving forward. Therefore, in fact, not only SHIB, but also all altcoins to record increases Bitcoin priceit needs to rise above significant levels of support.
Nevertheless, analysts note that the current charts show that the 0.0000070 dollar The price of SHIB he says that he is trading as an important resistance for it and that this figure should first be increased for the rise. it is believed that if it is above the 0.0000070 dollar, a strong resistance may be encountered at the 0.0000075 dollar.
Reviews of Holo and Chiliz
among the most popular crypto currencies of 2021, HOT and CHZ can easily be dec. The HOT price While setting a record with $0.0315 on April 5 The price of CHZ on March 13, it set a record with 0.8915 dollars.
But at the moment both cryptocurrencies are trading well below their record highs. Although analysts say that they do not expect very large price movements for the two crypto currencies in the short term, due to developments in the medium and long term HOT and CHZ it is believed that they have the potential to raise their prices.