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Shibacoin

SHIB | ALTSEASON | Another PUMP for ShibaInu?The reason why I argue that SHIB (and many other alts) are still due for increases , is largely because of two reasons : ETH, and the BTC.D chart. On the topic of ETH new ATH, more info on that reasoning here: I've been watching (for months) the interplay between the Bitcoin dominance chart, Bitcoin, and the Total3 chart. There's an interesting hidden pattern that exists here if you overlap them together, giving key insights on the timing of the Bitcoin ATH, and Altseason. More info on that here: _____________________ BINANCE:SHIBUSDT BINANCE:ETHUSDT
Long
by CryptoCheck-
1
#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
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
Shiba Inu on the Brink: Major Breakout or Collapse Incoming? SHIB at a Crossroads: Will It Fly or Fall? Shiba Inu is sitting at a key support level around 0.00001704, and the next move could set the tone for what’s coming. If buyers step in and push the price past the resistance zone around 0.00001899, we could see a rally toward 0.000020568 and even 0.000024525. However, if the current support fails, sellers could gain momentum and drive the price down to the 0.000008667 zone. Right now, SHIB is moving within a narrow range, and the next few days will be critical. Watch for strong volume to confirm a breakout or breakdown—either way, a big move is on the horizon. If you found this analysis useful, don’t forget to like, comment, and follow for more updates and insights. Mindbloome Trading/ Kris Trade What You See
CRYPTO:SHIBUSD
by Mindbloome-Trading
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 CryptoCheck-
1
ShibaInu SHIB price at critical zoneJust look who decided to wake up - it's our sweet #ShibaInu CRYPTOCAP:SHIB price is near the upper boundary of the falling channel, it can break through to $0.000020-0.000021 But a safe medium-term purchase, after the OKX:SHIBUSDT price breaks out and fixes outside the channel and closer to $0.000015 This is depicted schematically with a blue zigzag) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
3
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
Shiba Inu Burn Rate Surges Over 8000%, Signals a Bullish TrendShiba 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 technical and fundamental aspects shaping CRYPTOCAP:SHIB 's future. The Surge in SHIB Burn Rate: A Positive Catalyst? According to data from Shibburn dated September 11, the Shiba Inu burn rate surged an astonishing 8193.59% in the past 24 hours. This surge reflects nearly 3 million CRYPTOCAP:SHIB tokens being burned within just one day. Over the past week, an eye-popping 271.05 million CRYPTOCAP:SHIB have been removed from circulation. These burns are significant as they reduce the total supply, theoretically paving the way for price appreciation if demand remains constant. The CRYPTOCAP:SHIB community has been actively engaging in burning tokens, a deflationary mechanism aimed at reducing the overall supply. As demand dynamics shift with ecosystem developments, such as the introduction of new utilities like knBONE on Shibarium, the prospects of a future price surge become increasingly plausible. Fundamental Factors Fueling Optimism Recent developments within the Shiba Inu ecosystem are also contributing to the growing positive sentiment. For instance, Shiba Inu executive Lucie recently highlighted the upcoming knBONE on Shibarium, which could provide significant opportunities for developers and further enhance the utility of SHIB within its ecosystem. With increased burning and ongoing ecosystem improvements, SHIB aims to transcend its meme coin origins and position itself as a more fundamentally sound digital asset. Moreover, Shiba Inu’s expanding adoption and partnerships, including listings on prominent exchanges and integration into payment systems, have further solidified its position in the market. These developments are not just cosmetic; they serve as tangible use cases that could drive future demand for SHIB. Technical Outlook: Can SHIB Break Out of the Bearish Trend? Despite the surge in the burn rate, SHIB’s price has not yet reflected this optimism, trading in the red at $0.00001312, down nearly 2.90% in the past 24 hours. The token’s intraday low and high were recorded at $0.00001297 and $0.00001367, respectively, reflecting broader bearish market conditions. Additionally, SHIB’s market capitalization and 24-hour trading volume declined by 2.85% and 12% to $7.73 billion and $149.92 million, respectively, further indicating a dip in investor enthusiasm. Technically, CRYPTOCAP:SHIB is facing resistance at the $0.00001367 level, with support emerging near $0.00001297. Should SHIB manage to break above these resistance levels, it could set the stage for a bullish rally, targeting the $0.00001500 mark, which has historically acted as a strong psychological barrier. On the downside, investors should be wary of a potential drop to $0.00001200 if bearish momentum persists. The Relative Strength Index (RSI) suggests that SHIB is neither oversold nor overbought, indicating room for movement in either direction. As long as SHIB remains above its 50-day moving average, a sustained breakout may be in the cards. Challenges and Future Considerations Despite the promising burn rates and ecosystem growth, SHIB still faces considerable challenges. The recent hack of an Indonesian crypto exchange, which saw 9 billion SHIB tokens stolen, has caused some market jitters. Additionally, broader market trends, such as Bitcoin's recent pullback, could continue to weigh on meme tokens like SHIB. However, despite these setbacks, analysts remain cautiously optimistic about SHIB’s near-term prospects. The recent surge in burn rate, coupled with ongoing ecosystem advancements, provides a bullish case for the token. According to CoinGape Media, SHIB could see potential gains of up to 8% in the coming days, albeit with some expected volatility. Conclusion: A Glimmer of Hope in a Bearish Market Shiba Inu’s 8000% burn rate surge is a bright spot in an otherwise gloomy crypto market. While the price action remains subdued for now, the deflationary effect of the burns and positive ecosystem developments point toward a more bullish outlook. Investors should keep a close eye on technical indicators and market news to gauge potential breakout opportunities. With the SHIB community’s ongoing commitment to reducing supply and the broader ecosystem’s continuous evolution, Shiba Inu remains a token worth watching as it strives to reclaim its former glory in the crypto market.
Long
by DEXWireNews
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 CryptoCheck-
1