BONEUSD / Bone ShibaSwap is having a strong 2 day bullish streak and is near forming a 1day Death Cross.
We don't see this as a long term buy opportunity yet as not only is the price still under the Falling Resistance but hasn't yet hit the Rising Support of the long term Triangle.
In order to confirm the new bullish sequence, the price needs to cross over the...
A target of $7 per token would put the value of Shibarium at about 2.1B
Where the hype goes after that depends on the direction of the project.
My thoughts are that I hope the focus on NFT gaming/metaverse stays strong and that the NFT market place on the chain sees good volume. Could support an active chain and nFT's are engaging enough to keep the community...
Bone ShibaSwap (BONEUSD) has completed a 6 day bullish streak following the rebound on the Symmetrical Pivot Zone. The RSI Lower Highs sequences, as well as the Higher Highs that preceeded them after the rebound on the Support Zone, show that BONE is replicating the December 2022 - February 2023 bull run. As a result, this is an excellent buy opportunity to...
Money flow has been going down.
We may see a bounce soon but I think it will drive down further after.
My opinion is that we will accumulate along side BTC and the TOTAL market until Jan 2024.
With that said. You really never know with the Shib army. Wild things have happened before. If they release new hype you could see volatility with low marketcap ecosystem...
Jan 5th we spoke on $BONE
"Like $BONE, have some
Has outperformed its daddy $SHIB lately
Much smaller mkt cap, great fully diluted & significantly smaller supply
Still way off from highs
IMO if not in, buy on pullbacks
Weekly looks healthy
TODAY
$BONE still pumping
$SHIB #BONE #crypto
