Market in the last 24hrs
SHIBUUSDT saw an overall bullish trend in the last 24 hours but the price can be seen moving down recently in the last couple of candles. Trading volume has been high in the last 24 hours.
Today’s Trend analysis
The price is at a crucial junction as it nears the middle Bollinger band which usually act as a strong support line but the general momentum of the price and indicators suggest a bearish trend in the future. If the price accepts the middle Bollinger band is accepted as a support line then we might see the price resume its bullish trend.
Price volatility remained high at approximately 12.05%, with the day's range between $0.0000093— $0.0000083.
Price at the time of publishing: $0.0000087
SHIBU’s market cap: $3.4 Billion
However, the Indicator summary is giving a 'BUY' signal on SHIBUUSDT.
Out of 11 Oscillator indicators, 0 are giving a SELL signal, 9 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 2 are giving SELL signal, 1 is giving neutral and 12 are giving a BUY signal.
Traded volume remained high in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
SHIBUUSDT saw an overall bullish trend in the last 24 hours but the price can be seen moving down recently in the last couple of candles. Trading volume has been high in the last 24 hours.
Today’s Trend analysis
The price is at a crucial junction as it nears the middle Bollinger band which usually act as a strong support line but the general momentum of the price and indicators suggest a bearish trend in the future. If the price accepts the middle Bollinger band is accepted as a support line then we might see the price resume its bullish trend.
Price volatility remained high at approximately 12.05%, with the day's range between $0.0000093— $0.0000083.
Price at the time of publishing: $0.0000087
SHIBU’s market cap: $3.4 Billion
However, the Indicator summary is giving a 'BUY' signal on SHIBUUSDT.
Out of 11 Oscillator indicators, 0 are giving a SELL signal, 9 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 2 are giving SELL signal, 1 is giving neutral and 12 are giving a BUY signal.
Traded volume remained high in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!