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Bitcoin and Other Cryptocurrencies Price Analysis for December 18th

The article provides technical analysis and price predictions for 11 cryptocurrencies: Bitcoin, Ethereum, Shiba Inu, Dogecoin, Cardano, Avalanche, Chainlink, and others.

Here are some key points from the article:

  • Bitcoin: No specific predictions or targets mentioned in the article.
  • Ethereum: No specific predictions or targets mentioned in the article.
  • Shiba Inu (SHIB): Price predicted to drop to $0.000022 if 50-day SMA is broken, but also has a potential for recovery to $0.000030 if price rebounds off the 50-day SMA with force.
  • Dogecoin (DOGE): Price predicted to slump to $0.35 if it breaks below 20-day EMA, and potentially drop further to $0.30 if bears continue selling on rallies.
  • Cardano (ADA): Price predicted to range-bound action in the near term, with sellers trying to pull price down to $0.90 and buyers defending above $1.20.
  • Avalanche (AVAX): Price predicted to drop to 50-day SMA ($39.52) if it sustains below 20-day EMA ($47.71).
  • Chainlink (LINK): Price predicted to slump to 20-day EMA ($24.85) if it breaks below $27.41, and potentially drop further to $23.
  • Other cryptocurrencies: No specific predictions or targets mentioned in the article for other cryptocurrencies.

Please note that these predictions are based on technical analysis and should not be taken as investment advice.

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