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Shiba

SHIBA INU more gain is comingHello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for SHIBA, 📚💡 As observed, a substantial influx of trading volume has entered the market for this asset, further bolstered by strong backing from one of the largest media platforms and communities within the global cryptocurrency space, which enhances its influence and market visibility. 📚 Despite the current bullish momentum, there remains the possibility of a price pullback toward the next lower Fibonacci support level. 📚✌ However, after this potential dip, we anticipate a rebound and renewed upward movement, leading to a recovery and a subsequent price increase. 🎇💡 🧨 Our team's main opinion is A strong influx of trading volume, backed by major media support, suggests potential short-term pullbacks to lower Fibonacci levels, followed by a recovery and further price growth. 🧨 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Long
by MadWhale
12
The Resilience of Kabosu (KABOSU): A Tale of Meme PotentialIn the ever-volatile world of cryptocurrencies, few tokens manage to capture the essence of community spirit and cultural phenomenon as vividly as Kabosu ($KABOSU). Named after the Shiba Inu dog that became the face of Dogecoin, Kabosu embodies more than just a meme; it's a symbol of resilience, community, and charity. This article delves into the recent market performance of KABOSU, highlighting both its technical chart patterns and its fundamental values that could drive its potential recovery and growth. Technical Analysis: Currently, Kabosu (KABOSU) has been trading within a falling wedge pattern for over two weeks. This pattern, characterized by a series of lower highs and lower lows, often signals a potential reversal. For Kabosu, this could mean it's gearing up for a significant bounce back. The narrowing of the wedge suggests that the selling pressure is diminishing, and a breakout could be imminent, potentially leading to a return to previous highs. With an RSI hovering around 51, Kabosu shows a neutral stance, neither overbought nor oversold. This equilibrium in the RSI indicates that the token might be ready for a move if triggered by external factors like market sentiment or broader crypto trends. Despite the optimistic wedge pattern, the presence of a death cross—where a short-term moving average crosses below a long-term moving average—signals caution. Historically, this pattern suggests bearish momentum, but in the crypto market, such signals can sometimes precede a contrarian move upwards, especially if accompanied by positive developments or shifts in investor sentiment. The performance of Kabosu is not isolated. Given its meme coin status, it's heavily influenced by movements in Bitcoin ( CRYPTOCAP:BTC ) and the overall meme coin sector. The holiday season, including events like Thanksgiving, can often inject unpredictability into market movements, potentially offering a window for turnaround. Beyond the Charts Kabosu isn't just another cryptocurrency; it's a movement with a heart. Dedicated to the memory and spirit of Kabosu, the Shiba Inu dog, the token represents kindness, community support, and charity. This narrative adds a layer of intrinsic value, appealing to investors who value more than just financial returns. Charitable Endeavors: The project's focus on supporting animal shelters resonates with a broad audience, potentially attracting investors who are looking to contribute to a cause while participating in the crypto economy. This unique selling proposition could drive demand, especially if the community grows or high-profile partnerships are announced. Zero Tax Policy: The recent adjustment to a 0% tax on buys and sells simplifies the trading process for holders, removing the friction of transaction fees which might encourage more trading volume and liquidity. Decentralized Commitment: The renounced contract and locked supply are strong signals of commitment to decentralization and scarcity, respectively. These actions can build investor confidence by ensuring that no additional tokens can be minted, theoretically increasing value as demand grows. Conclusion Kabosu ($KABOSU) stands at a crossroads where technical patterns suggest potential for recovery, while its fundamental ethos offers a compelling reason for long-term holding. The interplay between its chart patterns and its community-driven mission might just be the catalyst needed for a rebound. However, investors should remain cautious; the crypto market is notoriously unpredictable, and external factors like regulatory news or shifts in the broader market sentiment can significantly impact performance.
UNISWAP:KABOSUWETH_8407B9.USDLong
by DEXWireNews
SHIBUSD: Expecting a massive pump soon.Shiba Inu just turned bullish on its 1D technical outlook (RSI = 59.750, MACD = 0.000, ADX = 25.625) but practically remains ranged inside a Bull Flag. As long as the 1D MA200 supports though, the trend will be bullish, coming off the HL Zone and a 1D Golden Cross. The Golden Cross before that (December 1st 2023) led to a similar Bull Flag, which after testing and holding the 1D MA200, it broke upwards aggressively to a +575% rise. We expect a similar outcome (TP = 0.000073). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:SHIBUSDLong
by InvestingScope
2
Shiba Inu price rally stalls at $0.0000030 – analysisDespite booking sizeable monthly timeframe gains, Shiba Inu’s price performance has lagged behind its rival memecoins including Dogecoin, PEPE and Solana-hosted BONK. Dogecoin price was mainly driven by Trump’s confirmation of Elon Musk’s involvement in the incoming administration, the likes of PEPE and BONK have also lifted be recent listings on major exchanges including Robinhood and Coinbase. SHIB has now stagnated around the $0.000025 level. On-chain data trends suggest this consolidation phase is at risk of further retracement. Since Shiba Inu price retraced from the monthly timeframe peak of $0.000030 on November 13, whale investors have dialed down demand considerably. However, the $700 million decline in whale demand now puts SHIB at risk of further downswings. In terms of short-term price projection, SHIB technical indicators are also signaling a potential pull-back towards $0.000023. The Donchian Channels, calculated using the 20-day high and low, illustrate a tightening price range. SHIB’s price is currently hovering near the lower boundary of the channel, around $0.00002326. This suggests weakening bullish momentum as sellers test the lower end of this critical range. A close below $0.000023 could trigger additional sell-offs, exposing SHIB to a retest of its next support at $0.000020, which aligns with the lower Donchian threshold from early November. Given the weakening whale demand and bearish technical signals, Shiba Inu appears poised to test the $0.000022 support level in the coming days. If sellers breach this zone, SHIB risks falling further toward $0.000016, a key support level last tested in October.
Short
by paul_endeo
#SHIB/USDT#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 indicator to support the rise, with a downtrend about to break higher Entry price is 0.00002350 The first goal is 00.00002570 The second goal is 0.00002700 The third goal is 0.00002900
Long
by CryptoAnalystSignal
1
SasanSeifi| Will the Uptrend Continue? Key Levels to Watch! 👇previous analyses Hey there, ✌ Based on previous analyses, the price encountered significant demand around the 0.000013 range. With a strong momentum breakout through the supply zone and surpassing the 200-period moving average, the price successfully reached the second scenario target of 0.000020, showing an impressive growth of approximately 50%. However, without confirming a stable position above the 0.000020 level, the price retraced as outlined in the projected scenario. It was noted that the price reacted to the EMA, highlighting the 0.000015 level as a crucial support zone. If this support holds and confirmation is achieved in lower timeframes, the price could once again rise towards the 0.000020 range and even higher targets. As observed, the price was met with renewed demand after maintaining the specified support zone and surged toward the 0.000023 – 0.000025 target range and the 0.000030 level, achieving an additional 83% growth. 👇NEW analyses Currently, after this rally from the 0.000030 level, a negative reaction has caused a pullback toward the 0.000022 area. The outlook leans bullish. The scenario to consider is that, with the 0.000021 level holding and confirmations in lower timeframes, the completion of the pullback could lead the price to a long-term target at 0.000032 and a liquidity zone around 0.000038. Maintaining the critical levels of 0.000021 – 0.000020 is essential. 💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions! Happy trading!✌😎 Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Long
by SasanSeifi
2
DOGE vs SHIB | UPSIDE POTENTIAL | Which is Better for ALTSEASON?DOGE and SHIB have one thing in common : both are meme coins - and that is probably the only thing. They each take turns to pump and dump, based on their position in the Total Cryptocurrency by Market Cap Rank. One of these, stands to gain much more than the other due to a few reasons as pointed out in the analysis. Which one are you rooting for this altseason? Speaking of altseason; don't miss yesterday's important update on BTC, Bitcoin Dominance, TOTAL3 and altseason: _________________________ BINANCE:DOGEUSDT BINANCE:SHIBUSDT
Long
by CryptoCheck-
3
SHIB Swing Long Idea -SHIBA Memecoin TrendSHIB is the second-largest memecoin of all time, and I believe it hasn't reached its full potential yet. We've recently seen huge rallies in DOGE and BONK (refer to my previous analysis, where we captured over a 50% rise in BONK in just two days). I expect SHIB and DOGE to continue surging in the coming weeks. Notably, SHIB hasn’t reached its Spring 2024 high yet, unlike other memecoins, which gives me additional confidence that SHIB has much more room to grow. Technical Analysis: Price is rebounding from a monthly demand zone and has created a weekly demand zone by breaking the bearish trendline that has governed the downtrend since Spring 2024. I'm expecting a retracement back to the weekly demand (marked as the purple zone), which aligns with the Optimal Trade Entry (OTE). It may retrace as far as the trendline, or it may not. I'll be looking for confirmations within the purple zone, labeled 'Max Discount Zone. SL: 0.0152 TP: 0.0456 (Spring 2024 high)
BINANCE:1000SHIBUSDT.PLong
by UA_CAPITAL
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
SHIB/USDT: Bullish Inverse Head and Shoulders Pattern Breakouthello guys. Pattern Formation: The inverse head and shoulders pattern, with a well-defined neckline, indicates a bullish reversal signal. Breakout Confirmation: Price has broken above the neckline, a key resistance level, which suggests a continuation toward higher targets. Price Targets: If the bullish momentum holds, the next major resistance is around $0.00003700, with the potential to reach $0.00005700. Risk: Failure to maintain above the neckline could result in a pullback, potentially re-testing lower levels before any further bullish movement.
Long
by melikatrader94
3
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
#SHIB #SHIBUSDT #SHIBA #ShibaInu #ShibaInuCoin #Analysis #Eddy#SHIB #SHIBUSDT #SHIBA #ShibaInu #ShibaInuCoin #Analysis #Eddy At your request, dear followers, I'm here with a technical analysis of Shiba Inu Coin. In the weekly timeframe, Shiba Inu has an attractive, untouched order block with very high potential. I have marked its significant liquidity areas with green labels for you. As shown on the chart, there is an important swapped area that has turned into a resistance zone and has been retested. I expect it to dump from the red zone, which is our strong supply area, targeting the liquidity of the green-labeled order block and moving toward the specified targets. After this drop to the designated area, with confirmation, we can enter long positions according to the specified targets in the analysis. It’s also suitable for adding to a spot portfolio at the prices of 0.00000992 and 0.00000999. Also invite you to benefit from my Bitcoin setup and analysis... Analysis & Setup of Bitcoin : (( BTC/USD )) : Check Link : According to this analysis 👆 and the long setup I provided on September 11, if Bitcoin wants to move toward the targets of $80,000, $90,000, and $100,000 that I specified, it needs to get the liquidity set around the price of $45,969. 👌 In my view, until the market maker flushes out everyone who has been buying Bitcoin in this prolonged range, those investing in altcoins, and especially those in high-leverage long positions in futures, it’s illogical for Bitcoin to pump toward the specified targets or for a bull run to start in the cryptocurrency market without a sharp drop and a fake breakdown of the $50K level. 😉
by Eddy_Trade_
4