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Ethereum, Shiba Inu, Avalanche Price Analysis: 22 October
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Cryptocurrency prices plunged today as Bitcoin declined from the all-time high it hit two days ago. Some altcoins like ETH, SHIB were trading with cuts over the last 24 hours while AVAX appeared to be in for a bull run.
Ether traded as high as $4,373, before it started correcting. AVAX saw continuing bullish momentum while Shiba Inu noted bearish signs in the near term.
Ethereum [ETH]
Source: TradingView, ETH/USD
ETH registered a 1.44% fall over the last 24 hours and was trading at $4116.53, at press time. This price was well above its immediate support level that stood at $3641.56. The 4-hour chart depicted a bullish trendline, affirming the bullish price action in recent times. However, key technicals pointed towards decreasing buying
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