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Shibatoken

SHIB To start exiting the downtrend, Shiba must first break its downtrend line and reach and cross the 0.00001856 area, which is also an important resistance. Unfortunately, in the daily time frame and in the range of 0.00001916, the probability of a death cross is very high, and if it happens, a worse downtrend will be expected. But if it can close a strong candle above 0.00002123 in the 8-hour time frame, the death cross will be invalidated. My targets for the next 2 months for Shiba can be 0.00004807 and 0.00007078. In the event of a correction and market decline, the number 0.00001028 will be available. Shiba is dependent on the positive movement trend of Ethereum, so it can be said that with the rise of Ethereum, Shiba will also be bullish.
by delshad1522
Shiba Inu AnalysisShiba Inu Analysis Shiba Inu has recently experienced a downtrend, breaking through a significant support level. Currently, it appears to be retesting this level; however, this remains unconfirmed until the candle closes. In my view, it would be prudent to await the closure of the current candle before contemplating a short position. I also believe that the pair is still aligned with the broader downward trend and has yet to complete its downward movement. I would be interested in hearing your perspective on Shiba Inu's current market behavior. Please remember that market conditions can change rapidly, and it is essential to conduct thorough analysis and consider risk management strategies before making any trading decisions. Cheers!
COINBASE:SHIBUSDShort
by sirkamal
1
SHIBA INU Cup & Handle could signal potential 300% plus gains!Shiba Inu has left holders very disappointed after the 'Trump Pump' seemingly left it behind, as other, more sought-after altcoins made life-changing gains. However, it does appear that Shiba may still have a few tricks up its sleeve. If this pattern holds true, we could see Shiba make gains upwards of 300% over the next 2 to 6 months. Watch the fair value gap area for potential buy orders, as this area held up nicely in the past. Good luck, and always use a stop-loss!
COINBASE:SHIBUSDLong
by MetaShackle
SHIB 50% profitThis chart presents a trading opportunity for SHIB/USDT with clear take-profit (TP) levels and a promising uptrend cycle. 📈 Analysis: The yellow moving average (MA) highlights a trend shift to bullish momentum. SHIB's price has crossed this line, indicating a potential breakout. 🚀 A strong support level is visible near 0.00002139, preventing further downside. 🛡️ The green zone represents the risk-free entry point, suggesting limited downside risk if proper stop-loss levels are respected. ✅ Targets are clearly defined: TP1: 0.00002373 🎯 TP2: 0.00002641 🥈 TP3: 0.00003212 🥇 A big uptrend cycle suggests SHIB could reach these targets as it attracts more buyers. 🐂 Strategy: Entry Zone: Current price levels around 0.00002139 are favorable for opening long positions. 💹 Stop Loss: Place at 0.00002019 to limit risks. 🛑 Profit-Taking: Gradually secure gains at each TP level. 📊 Market Sentiment: Volume bars show increasing participation, signaling that buyers are stepping in. If this continues, SHIB is likely to hit its targets. 🔥 Final Note: This is a low-risk, high-reward setup based on technical indicators and market structure. Always monitor the market for sudden changes and stick to your plan. ⚠️
Long
by EhsanZeydabadi
SHIB USDT updateThe analysis is in daily time form, so it takes a little time. Based on the base that was formed below, I sent my analysis, which fortunately was flawless I checked it more closely today, not much has changed, but I sorted it out and with more precise targets Friends, there is no doubt that Shiba is bullish, but it is necessary for this trend to close above 30 candles with a strong body and turn this range from 27 to 29.5 into a strong support. So, in my opinion, it is still too early to say that his promotion is certain Wait for it to come above this range, close the candle and then safe entry for those who are still waiting for the opportunity to buy. Shiba's support: 0.00002628 0.00002450 0.00002313 Shiba resistors: 0.00002958 0.00003300 0.00003915 Shiba targets: near: 0.00004699 0.00006942 Round: 0.000105 0.0001412 0.0001644
Long
by delshad1522
Analyzing the Impacts of Shiba Inu's Ambitious US Hub Plan Shiba Inu's Bold Vision for a US Blockchain Hub Shiba Inu, the popular meme coin, has recently made headlines with its ambitious plan to establish a strategic blockchain innovation hub in the United States. This bold move, proposed by lead developer Shytoshi Kusama, has sent ripples through the crypto community, leading to a significant 23% surge in the price of SHIB. A Silicon Valley for Crypto Kusama's vision is to create a "Silicon Valley for crypto" within the US, fostering innovation, job creation, and economic growth. The proposed hub aims to attract top talent, startups, and investors to the United States, solidifying its position as a global leader in blockchain technology. The proposed hub, dubbed S.H.I.B., is estimated to cost several billion dollars over a 5-10 year period. However, Kusama believes the long-term benefits far outweigh the initial investment. The hub is expected to generate significant economic activity, create thousands of jobs, and attract numerous blockchain projects to the United States. Key Components of the S.H.I.B. Plan • Infrastructure Development: The hub will invest in state-of-the-art infrastructure, including high-speed internet, data centers, and research facilities. • Economic Incentives: The plan includes tax breaks, grants, and other incentives to attract businesses and talent to the hub. • Talent Development: The hub will focus on education and training programs to develop a skilled workforce in blockchain technology. • Regulatory Framework: The hub will work closely with regulators to create a clear and supportive regulatory environment for blockchain businesses. • Sustainable Practices: The hub will prioritize sustainability, incorporating green energy solutions and eco-friendly practices. The Impact on SHIB The announcement of the S.H.I.B. plan has had a significant impact on the price of SHIB. The cryptocurrency has experienced a 23% surge in value, reflecting investor enthusiasm for the project. This surge highlights the potential of the Shiba Inu ecosystem and its ability to drive innovation and growth in the blockchain industry. The Broader Implications Shiba Inu's ambitious plan is not only significant for the cryptocurrency but also for the United States as a whole. By attracting top talent and fostering innovation, the hub could help the US maintain its competitive edge in the global technology race. Moreover, the S.H.I.B. initiative could have a positive impact on the broader cryptocurrency industry. By creating a supportive ecosystem for blockchain businesses, the hub could accelerate the development of new technologies and applications. Conclusion Shiba Inu's proposal for a strategic blockchain innovation hub in the United States is a bold and ambitious endeavor. If successful, the hub could transform the US into a global leader in blockchain technology, creating significant economic and social benefits. The 23% surge in SHIB price reflects the market's optimism for the project and its potential to drive future growth.
by bryandowningqln
Is SHIB (Shiba Inu) the Next Big Player in the 2024 Bull Market? Shiba Inu (SHIB), the popular meme coin, has been making significant strides in the cryptocurrency market. While it may not be as widely recognized as Bitcoin or Ethereum, SHIB has garnered a dedicated following and has shown remarkable resilience. As the 2024 bull market unfolds, several signs suggest that SHIB could emerge as a dominant force, potentially triggering a 90% price surge. 1. Strong Community and Social Media Presence: One of the most significant factors driving SHIB's potential is its passionate and active community. The SHIB Army, as they are known, has been instrumental in promoting the coin and generating significant buzz on social media platforms. This strong community support has helped SHIB maintain its relevance and attract new investors. 2. Technical Analysis and Chart Fractals: Technical analysis provides valuable insights into potential price movements. Chart fractals, which are recurring patterns in price charts, can be used to identify potential future price trends. Recent analysis of SHIB's chart suggests that the coin may be forming a bullish pattern, similar to historical patterns that preceded significant price surges. 3. Layer-2 Solutions and Ecosystem Expansion: Shiba Inu has been actively exploring Layer-2 solutions to enhance its scalability and transaction speed. By leveraging these technologies, SHIB can address the limitations of its underlying blockchain and attract a wider range of users and developers. Additionally, the expansion of the Shiba Inu ecosystem, including the development of new projects and partnerships, can further fuel its growth. Potential Challenges and Risks: While the future of SHIB appears promising, it is essential to acknowledge potential challenges and risks: • Market Volatility: The cryptocurrency market is inherently volatile, and sudden price swings can occur without warning. Investors should be prepared for potential price fluctuations. • Regulatory Uncertainty: The regulatory landscape for cryptocurrencies remains uncertain, and any unfavorable regulatory developments could negatively impact the price of SHIB. • Competition: The meme coin market is highly competitive, and the emergence of new and innovative projects could divert investor attention away from SHIB. Conclusion: Shiba Inu's strong community, promising technical analysis, and ongoing development efforts position it as a potential breakout candidate in the 2024 bull market. However, investors should approach SHIB with caution and conduct thorough research before making any investment decisions. By understanding the risks and rewards, investors can make informed choices and maximize their potential returns. Disclaimer: This article is for informational purposes only and should not be construed as financial advice. It is important to conduct thorough research and consult with a financial advisor before making any investment decisions.
Long
by bryandowningqln
Is Shiba Inu Poised for a Bull Run Amidst Meme Coin Craze?Is Shiba Inu Poised for a Bull Run Amidst Meme Coin Craze? Shiba Inu (SHIB), the popular meme coin, maintained its steady price trajectory on Wednesday as the broader cryptocurrency market experienced a rebound. While most meme coins, including Dogecoin (DOGE), bounced back from recent declines, SHIB held its ground, hinting at a potential bullish trend. Golden Cross on the Horizon One of the most intriguing developments for SHIB investors is the looming golden cross pattern. This technical analysis indicator occurs when a short-term moving average (MA) crosses above a long-term MA, signaling a potential bullish trend reversal. In the case of SHIB, the 50-day MA is approaching a crossover with the 200-day MA, which could ignite a significant price surge. Why SHIB Might Soar Higher Several factors could contribute to a potential rally in SHIB's price: 1. Increased Burn Rate: A recent surge in the SHIB burn rate, which involves permanently removing tokens from circulation, has boosted investor sentiment. As the supply of SHIB decreases, its potential value could increase. 2. Community-Driven Initiatives: The strong and active Shiba Inu community continues to drive innovation and support the project. Community-led initiatives, such as SHIB: The Metaverse, can attract new investors and fuel price growth. 3. Market-Wide Bullish Sentiment: A broader cryptocurrency market rally, fueled by positive news and regulatory developments, could benefit SHIB and other meme coins. 4. Analyst Predictions and Potential Upside Cryptocurrency analysts are increasingly bullish on SHIB's future. Some experts predict a 10-fold surge to its yearly peak, while others anticipate a massive bullish wave following recent price gains. These optimistic forecasts highlight the potential upside for SHIB investors. Cautious Optimism While the technical indicators and analyst predictions are promising, it's essential to approach investing in SHIB with caution. The cryptocurrency market is highly volatile, and meme coins are particularly susceptible to sudden price swings. Investors should conduct thorough research and consider their risk tolerance before making any investment decisions. Conclusion Shiba Inu's steady price action amidst a broader market recovery and the impending golden cross pattern suggest a potential bullish future. Increased burn rates, community-driven initiatives, and a positive market sentiment could further propel SHIB's price. However, investors should exercise prudence and diversify their portfolios to mitigate risks.
by bryandowningqln
1
SHIBA - Bearish Signal | Weekly TimeframeShiba Inu has formed a bearish double top candle stick pattern in the weekly timeframe. This will likely lead to a drop, especially considering that a key diagonal support has been lost - marking the first invalidation of higher highs, in other words short term BEARISH: We've seen something similar previously, leading to a near -60%drop. Although I really doubt we'll see that kind of pullback (considering it was in the heart of the bearish cycle) I do think a -10% to -15% is possible: _______________________ BINANCE:SHIBUSDT
Short
by Crypto-Check-
1
Shiba Inu Burn Rate Explodes by 6750%- $SHIB to $0.01 Realistic?The Shiba Inu Burn Rate recently rocked by a staggering 6750%. With nearly 27.1 million coins taken out of circulation in a single day, this development has reignited bullish sentiments and heightened expectations among investors hoping to see the token soar to its long-anticipated $0.01 price target. Burn Rate Surge and Ecosystem Growth The Shiba Inu burn rate has long been a key factor in market optimism for the token's future. The recent uptick marks another significant milestone, with the supply steadily decreasing. According to Shibburn data, the total circulating supply now stands at 589.26 trillion coins. This burn activity exemplifies the fundamental economic principle of supply and demand, where a shrinking supply combined with sustained demand can create upward price pressure. Shiba Inu’s ecosystem is also growing in prominence. Its Layer 2 solution, Shibarium, continues to see rising activity. Shibarium has sparked enthusiasm, as its growth signals the potential for further adoption and utility within the network. Such developments draw parallels to the meteoric price rally witnessed during Shiba Inu’s historic bull run in 2021. However, despite this burn surge, Shiba Inu's price dipped by 2.5% to $0.00001806 at the time of writing. The broader market correction has tempered short-term optimism, but long-term prospects remain intact thanks to the ongoing token burns and ecosystem expansions. Prominent figures within the SHIB community, such as marketing lead LUCIE, continue to advocate for the $0.01 target, although they acknowledge that patience will be required for the coin to reach that level. Technical Analysis From a technical perspective, Shiba Inu ( CRYPTOCAP:SHIB ) is trading within a weak channel, struggling to maintain momentum. The Relative Strength Index (RSI) currently sits at 38, signaling that the asset is in oversold territory. This could indicate that a potential reversal is on the horizon, especially as the token attempts to break through key resistance levels. The chart shows that CRYPTOCAP:SHIB recently broke down from a rising wedge pattern, which is traditionally seen as a bearish signal. The falling wedge pattern suggests that a period of consolidation might be imminent before a strong upward movement. The next significant resistance is at the $0.00002 pivot point, which could act as a springboard toward $0.00002174 — the token’s one-month high. A move toward the $0.000021 mark would likely attract a new wave of buyers, potentially triggering a fresh rally. For the bulls to regain control, though, significant token burns will be essential to reduce supply and increase scarcity. The 50, 100, and 200 Moving Averages also present a mixed outlook, indicating further consolidation might occur before a definitive trend emerges. Shiba Inu's Historical Significance and Outlook The Shiba Inu token ( CRYPTOCAP:SHIB ) holds a unique place in cryptocurrency history as the first "mascot" coin to be involved in such a large-scale charitable act. Vitalik Buterin, the co-founder of Ethereum, made headlines in 2021 when he donated a massive amount of CRYPTOCAP:SHIB to the India COVID Relief Fund, a move that remains one of the largest crypto donations ever. This philanthropic association with CRYPTOCAP:SHIB has elevated its status in the eyes of the crypto community. Looking ahead, CRYPTOCAP:SHIB ’s path to the $0.01 price target will largely depend on several factors: the continued burn rate, ecosystem development, and broader market trends. While it remains a long road, the strong community backing and recent technical signals suggest that Shiba Inu ( CRYPTOCAP:SHIB ) could once again surprise investors with a sharp upward trajectory, provided the burn rate continues at its current pace. In conclusion, Shiba Inu’s recent burn rate explosion is a bullish signal for its long-term prospects. Although the token faces immediate challenges due to technical resistance and market corrections, the fundamental outlook remains optimistic. Investors should closely monitor key levels such as $0.000021 and $0.00002 for signs of a potential breakout. As always in the volatile crypto space, patience and a careful eye on both fundamentals and technical indicators will be crucial to navigating the journey toward $0.01.
COINBASE:SHIBUSDLong
by DEXWireNews
Shiba Inu / SHIB analysisShiba 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 as low as $0.000000000056 to an all time high of $0.000084, that is a 1500X times increase within 8 months. some call it Dogekiller too! welcome to crypto zoo!! Shiba Inu lead developer Shytoshi Kusama hints at rising development activity as Shibarium Beta launch date comes near. but lets talk about the chart most of charts looks the same and waiting for break out , I personally took profit and waiting to see can bulldogs break 0.000013 if yes then longing to 0.000014 make sense. if btc goes down then we can back to 0.00001
by moonypto
18
SHIBA INU at a Critical Level (Daily to 30-Minute Time Frame)As requested by a follower, here’s the follow-up to my last chart. SHIB is now sitting at a critical 0.0000177 support level. Will it hold, or are we heading lower to 0.00001666? Key Levels to Watch: Support: 0.0000177 Bearish Target: 0.00001666 Current Trend: If buyers hold 0.0000177, we could see a rebound toward higher levels. If sellers increase pressure, expect a drop to 0.00001666 before any potential reversal. What to Watch: Monitor volume—bulls need to step in soon. Keep an eye on the 30-minute chart for signs of a bounce or breakdown. Appreciate your engagement. Let me know if this helps. Bullish or bearish, what’s your take? MB Trader Trade What you see
CRYPTO:SHIBUSD
by Mindbloome-Trading
2
Shiba Inu | SHIB analysisThe 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 Shiba Inu , helping its burn rate skyrocket. According to the data, first spotted by users on Twitter, Koyo burned an astounding 1.49 billion SHIB tokens in a transaction that helped the burn rate of the meme-inspired cryptocurrency surge over 30,000% in the last 24-hour period. this isn’t the first time Koyo has burned a large amount of SHIB, as earlier this year the project moved 1.1 billion tokens to a dead wallet as well. Koyo, which exclusively debuted on the ShibaSwap DEX last month, has aided Shiba Inu in diminishing its vast supply by 8.75 billion SHIB tokens through various transactions directed to “inferno” addresses since its inception. Shytoshi Kusama, SHIB’s lead developer, recently shared his thoughts on the relationship between Shiba Inu’s price and burns in a telegram chat. According to Kusama, the price of Shiba Inu cannot be influenced solely by burns. In response, the Shiba Inu team has been focused on developing new technologies and utilities to foster SHIB adoption. Kusama believes that only through such efforts can Shiba Inu prices experience the significant increase that everyone desires.a massive SHIB whale has recently expanded its portfolio to nearly 5 trillion tokens after adding an additional 171.68 billion SHIB for around $1.88 million through four different transactions.notably, data from IntoTheBlock has shown that a significant portion of SHIB tokens are now in the hands of long-term investors, highlighting the growing allure of the token among those with an extended investment outlook.according to the firm’s data, holders who have retained their SHIB tokens for over a year cumulatively possess 687.17 trillion CRYPTOCAP:SHIB , valued at more than $7.20 billion. These long-term investors now command nearly 70% of Shiba Inu’s circulating supply. Meanwhile cruisers or market participants who have held their Shiba Inu tokens for one to 12 months, account for 232.54 trillion CRYPTOCAP:SHIB , equating to over $2.43 billion in value. This group represents 23.65% of the token’s total supply. Lastly traders or those who have maintained their SHIB holdings for less than a month, control 63.55 trillion SHIB, which amounts to over HKEX:650 million and constitutes less than 6.5% of the cryptocurrency’s overall supply. Meanwhile the beta test network for Shibarium is named PUPPYNET. As per the blockchain explorer BlockScout, currently (i.e., as of 8:37 a.m. UTC on April 15, the beta version of Shibarium has successfully executed more than 3,234,886 transactions. Data from this PUPPYNET explorer indicates that the number of wallet addresses utilizing Shibarium beta has reached 5,833,825. Presently, the gas fees are 1.01 Gwei, which is virtually cost-free. now lets talk about the price shib army are ready for 0. 000012 , 0. 000013 and 0. 0000135
by moonypto
12
SHIB USDT - FRACTAL Shows Bullish Impulse NextMany 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 BTC, but BTC.D and the TOTAL3 market for the next move: The good news, is that this makes for an excellent time to BUY back into any market. The lowest risk option here would require some patience though, because the accumulation cycle often lasts month. Luckily - we are already a month in of mostly range trading. Here's a look at another altcoin that's possible worth buying - RNDR, which is now approaching a great zone to buy-back : __________________________________ BINANCE:SHIBUSDT
Long
by Crypto-Check-
1
SHIB - This Indicator says SELLSHIB has just flashed a dangerous "SELL" alert. This indicator is highly accurate in higher timeframes, especially the weekly. Look at all the "SELL" signals and how far the price drops after: From a trendline perspective, SHIB HAS to stay ABOVE the current support line (Fibonacci line 0.236). If it falls under, SHIBA will be at risk of falling to the dotted line, which is BEARISH. In case you missed it, my take on Bitcoin for the SHORT TERM: ________________________ BINANCE:SHIBUSDT
Short
by Crypto-Check-
SHIBUSDT: Two Possible Areas for Swing Buy. Dear Traders, We have two possible buying opportunites on SHIBUSDT price is currently accumulating and if price do not decide to manipulate then we can see strong price rebound from current price region. However, if price manipulate then we can see it going down to our second entry there we have imbalance zone which will filled and can see strong bullish rebound. **Like and comment our ideas which will support us to bring you more educational ideas and our views on all financial instruments** Team SetupsFX_
Long
by Setupsfx_
7