Shiba Inu’s recent rally brought significant optimism, with the meme coin recording a 65% rise this month. However, its upward trajectory has faced resistance, stalling attempts to continue its climb. 

Despite this, the shift in momentum presents a chance for SHIB to breach a key multi-month resistance level.

Shiba Inu LTHs Take Charge

The MVRV Long/Short Difference highlights a positive shift as long-term holders (LTHs) are back in profit for the first time in four months. Since mid-July, profits were primarily realized by short-term holders (STHs), typically a bearish signal. STHs often sell at profits, leading to increased selling pressure.

Conversely, LTHs are known for their HODLing behavior, often retaining supply for more than 12 months. This reduces sell pressure, providing price stability and support for Shiba Inu. The return of LTH profitability could play a critical role in stabilizing SHIB and supporting future price rallies.

Shiba Inu’s transaction volume has mostly been dominated by loss-bearing trades recently. This bearish activity overshadowed profitable transactions, raising concerns among investors. However, the scenario could shift as SHIB’s price consolidates and stabilizes.

As losses decrease and profits begin to rise, transaction volume trends may turn bullish. Stabilized prices typically attract investor confidence, which could encourage greater activity in profit-making trades. This shift in macro momentum suggests a potentially favorable outlook for SHIB’s recovery`.

SHIB Price Prediction: Supporting a Rise

Shiba Inu is currently trading at $0.00002503, holding above its support level at $0.00002267. The meme coin is now targeting a breach of $0.00002976, a key resistance level.

A consolidation between these ranges could allow SHIB to build momentum for another rally. Favorable market conditions would strengthen this possibility, giving the meme coin a chance to climb higher.

However, losing the critical support at $0.00002267 could result in a downturn. If SHIB slips to $0.00002093, it would invalidate the bullish thesis, potentially leading to a decline in investor sentiment

Ethereum began November with a remarkable 40% rally, but sustaining the momentum has proven challenging for the altcoin king.

As the price stabilizes above $3,000, a significant boost from institutional interest might help reignite Ethereum’s bullish trend. Ethereum ETFs are at the center of this resurgence, recording historic inflows.

Ethereum Has the Institutions’ Support

Over the past week, Ethereum ETFs experienced their largest weekly inflows since launch. BlackRock led the surge with a staggering $286 million, while the combined inflows across all ETFs reached $550 million. This influx reflects growing institutional confidence, driven by Ethereum’s price recovery and Bitcoin’s recent all-time highs.

The surge in ETF activity highlights institutional investors’ increasing reliance on Ethereum as a diversified asset. This trend is strengthening Ethereum’s position in the crypto market, potentially providing the momentum needed to overcome its recent price stagnation. Market sentiment appears to be favoring a bullish outlook.

Ethereum’s institutional demand extends beyond ETFs. According to the latest CoinShares ETP netflow report, November has already seen $789 million in Ethereum inflows from institutions. These large-scale investments reflect renewed interest in Ethereum as a long-term asset.

Additionally, large wallet holders are showing heightened activity, further validating Ethereum’s strong macro momentum. Their investments could be pivotal in driving ETH’s price upward, especially as institutions amplify their exposure to the cryptocurrency. This level of interest highlights Ethereum’s growing role as a key player in institutional portfolios.

ETH Price Prediction: Looking Forward

Ethereum is currently trading at $3,108, holding steadily above its critical support at $3,001. This level aligns with the 61.8% Fibonacci Retracement line, known as the bull market support floor, providing a stable foundation for potential gains.

Should institutional activity and positive market sentiment persist, Ethereum could breach the $3,248 resistance, enabling a continued uptrend. This move would position the altcoin king for further growth, solidifying its bullish trajectory.

decline would invalidate the bullish outlook, potentially dampening investor confidence. Ethereum’s ability to maintain momentum hinges on sustaining key support levels and capitalizing on its institutional backing.

Dogecoin (DOGE) recently surged to a three-year high of $0.43 on November 12 before retreating to $0.38, maintaining a 3% daily increase.

However, on-chain data shows that the price spike has led many long-term holders (LTHs) to take profits. If this trend persists, DOGE risks losing much of its recent gains in the short term.

Dogecoin’s LTHs Sell For Profit

BeInCrypto’s assessment of Dogecoin’s on-chain performance has revealed a decline in its Mean Coin Age over the past week. Per Santiment, this has dropped by 1% over the past seven days. 

Mean coin age refers to the average age of the coins in circulation. It gives insight into how long their owners have held coins before being moved or sold. When this metric falls, it means coins that have been held for a long time are being moved or traded more frequently. It is often a bearish sign that indicates that LTHs could be cashing out their profit.

Moreover, the positive readings from DOGE’s market value to realized value (MVRV) ratio suggest that the meme coin is currently overvalued. This may have prompted its LTHs to want to sell for profit. According to Santiment’s data, DOGE’s current MVRV ratio is 232.36%. 

The MRVR ratio is a key metric used to analyze a cryptocurrency’s valuation relative to its historical price trends. It compares the market value (the current price of all coins in circulation) to the realized value (the price at which coins last moved on the blockchain).

A positive MRVR ratio suggests that the market value is greater than the realized value. This indicates that the asset is overvalued. Historically, many view this as a signal to sell their holdings for profit.

At 236.36%, DOGE’s MVRV ratio suggests that its current market value is 236% higher than its realized value. Therefore, if all its holders were to sell, they would realize 236%  gains on average. Such a high MVRV hints at a prolonged period of price correction as more investors take profits.  

DOGE Price Prediction: Why LTHs Must Stop Selling

Currently trading at $0.38, DOGE sits just below the $0.39 resistance level. Increased selling pressure could push the price down to its support at $0.31.

A failure to hold this level may trigger a sharper decline, pushing DOGE below the $0.30 mark and potentially toward $0.21. Such a move would further distance the DOGE meme coin price from any rally beyond $0.47 and a return to $0.50, last seen in May 2021.

However, if market sentiment turns positive and long-term holders (LTHs) hold their positions, increased demand for DOGE could drive its price past $0.47, bringing the $0.50 price zone back into reach.