Shiba Inu ( CRYPTOCAP:SHIB ), one of the leading meme cryptocurrencies, is making headlines again as its burn rate skyrocketed over 8000%. Despite facing a broader bearish market, this dramatic spike has reignited investor optimism, hinting at a potential bullish breakout on the horizon. Let’s dive deeper into the factors driving this surge and explore the...
Many altcoins are currently in Accumulation Phase and/or approaching great buy zones. This is the part of the cycle where there seems to be very little action, and the price moves in a range and sideways.
It's safe to say that we can expect sideways/range trading until BTC moves the market. In a previous update, I mentioned how it is crucial to watch not only...
SHIBA INU is going to make some incredible gains in the coming months. This coin is very popular in Japan, and as the Japanese Yen continues to lose value, the remaining buying power will seek after assets to preserve capital.
Watch SHIBA INU as a sign for what's coming to XRP, as XRP will follow.
Enjoy!
The price of Shiba Inu is $0 .0000 116 today with a 24hour trading volume of 355 million dollar. This represents a 3% price increase in the last 24 hours and a 7% price increase in the past 7 days.
Data from the Ethereum blockchain has revealed that the recently launched Koyo token project has moved forward with a major burn of the meme inspired cryptocurrency...
I have been following CRYPTOCAP:SHIB for quite a long time, and it is in a very long downtrend. This chart is similar to the setups I have created for other coins; it highlights a great zone to refill your portfolio with a high probability of good performance.
DYOR, check my other setups; they are all good and doing +30% with no leverage. Don't forget to take...
We'll take a look at a few methods of chart analysis that ultimately says a Shiba Inu increase season is on the horizon.
✅ RSI
The RSI has been fair to low for an extended period of time. We also observe a bottom out on the RSI where an all time low is observed for the year, likely indicating the bottom is in:
✅ V-Shape Recovery
A strong V-Shaped...
The Shiba Inu coin (SHIB), often referred to as a meme cryptocurrency, has captured significant attention in the crypto community with a dramatic increase in its burn rate. The recent surge of over 7300% in SHIB's burn rate has sparked optimism and speculation about a possible price rally.
Burn Rate Skyrockets
According to Shibburn, the burn rate for Shiba Inu (...
Shiba Inu price today is $0.000012 with a 24hour trading volume of 300 million dollar. SHIB price is up 45% since last month
SHIB is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. during the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. The price of SHIB has soared from...
Amid the overall negativity in the cryptocurrency market, SHIB has significantly dropped in price, falling from a local high of $0.00004605 to $0.00001272. This decline amounts to more than 70%. The asset's price has nearly reached a range of global interest among participants, as confirmed by the volume profile. Currently, there is an attempt to recover the price...
📊Analysis by AhmadArz:
🔍Entry: 1875
🛑Stop Loss: 1728
🎯Take Profit: 2009 - 2137 - 2334
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
CRYPTOCAP:SHIB is in a bullish pennant flag that is about to break out to the upside. It is a beautiful flag with a huge pole, perfectly executed.
The Fibonacci retracement is giving us the target price (TP) with 100% potential.
Just follow the chart; it is pretty obvious. The Stochastic RSI is about to pump on the daily chart.
Everything is aligned for a...
Trading Analysis of Shiba Inu ( COINBASE:SHIBUSD SHIUSD) - 4 Hour timeframe
Overall Trend:
Downtrend: The price being below the 50, 100, and 200-period moving averages since June 7th suggests a strong downtrend.
Short-term movement:
Difficult to assess: A 4-hour timeframe doesn't provide enough information to definitively say if there's a current uptick...
👨🏻💻 CRYPTOCAP:SHIB
#SHIB had a quick dip below the support line to trigger stop losses, but is now showing a strong upward movement👀
We'll have to wait and see if the price can break through the descending resistance, as the next move will be decided by a break of the triangle pattern📈
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Follow #CryptoEase and...
📊Analysis by AhmadArz:
🔍Entry: 2425
🛑Stop Loss: 2244
🎯Take Profit: 2606 - 2808
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Hello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the...
#SHIB CRYPTOCAP:SHIB has broken the downtrend, sustained above the resistance, and completed the retest. This gives us a bullish signal. We can position ourselves accordingly.
#SHIB
The price is moving in a bearish channel on a 4-hour frame and is adhering to it to a large extent
The price rebounded well from the green support area at the support level 0.000022000, which is a strong level.
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI...
