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Shibainu

BITCOIN:D1According to the chart: the price has started an upward movement. It is now in the range of resistance levels. In our indicator, we see divergence, but divergence should be considered for us when the price can penetrate to an important level, otherwise it will invalidate the divergence by being sideways. So we are waiting for price reaction to resistance levels. Know this point, in case of breakout of the resistance levels, the price can easily move up to the level of 63000. Be very careful in finding positions. Suitable areas for buying and selling are indicated on the chart
by youseftn1
🔥 BTC/USDT - Ready for SELL (Scalping) ?As you can see, by checking the Bitcoin chart in the 2-hour time frame, we can see that the price went up to $44,700 from the exact range that I specified and sent you the analysis. Now the price is trading in the range of $43,900, and first I expect a slight correction, and then we will probably be accompanied by the further growth of Bitcoin, monitor the range of $44,730 to $45,500 for a SHORT (SELL) position! Please share your opinion about the possible trend of this chart with me and support us with your likes and comments. Best Regards , Arman Shaban
Short
by ArmanShabanTrading
3
Unraveling the Shiba Inu Conundrum: Burn Frenzy Shiba Inu ( CRYPTOCAP:SHIB ) has once again taken center stage with a whirlwind of developments. As the broader market experienced a downturn, Shiba Inu's community intensified efforts to bolster the coin through an unprecedented burn frenzy. However, the unexpected outcome has left investors and enthusiasts questioning the dynamics behind SHIB's recent rollercoaster ride. The Burn Frenzy and Shibarium Buzz: The recent surge in the SHIB burn rate, soaring by an astronomical 3,963%, has sparked both excitement and concern within the Shiba Inu community. This surge is particularly noteworthy given the community's intensified efforts to cut the token supply amid the recent price declines. A notable contributor to this surge is the heightened interest in Shibarium, a layer-2 blockchain introduced by the Shiba Inu team in 2023. The ecosystem's push towards decentralization and efficiency through Shibarium has fueled enthusiasm among investors. However, the burn frenzy's impact on SHIB's price has not followed the anticipated trajectory. SHIB Burn Stats and Anomalies: According to Shibburn, a platform dedicated to tracking CRYPTOCAP:SHIB token burns, over 1.21 million CRYPTOCAP:SHIB tokens were burned in the last 24 hours alone. Notably, a significant transaction involved the transfer of over 1 million CRYPTOCAP:SHIB tokens from an unidentified wallet to a dead wallet. This move raises questions about the motivation behind such transfers and their potential impact on SHIB's supply dynamics. Despite the staggering burn rate, the SHIB price experienced a 6% dip in the last 24 hours, leaving investors puzzled about the expected correlation between burn rates and price movements. Shiba Inu's Market Position and Demand Surge: As of January 4, 2024, Shiba Inu stands as the 17th largest cryptocurrency with a market capitalization of $5.67 billion. Despite the recent price decline, SHIB has witnessed a surge in demand, with the trade volume soaring by 66.73% to $301.51 million in the last 24 hours. This surge in demand is juxtaposed against a week-long decline of over 11% in SHIB's price. The Historical Perspective: To contextualize the recent developments, it's crucial to note that Shiba Inu is currently 89.12% down from its all-time high of $0.00008845, achieved in October 2021. Despite this, the coin's 1-month returns, buoyed by an initial upward trend in December, recorded a 7% gain. Conclusion: The Shiba Inu community's burn frenzy, fueled by the introduction of Shibarium and the intensified efforts to reduce token supply, has added an intriguing layer to SHIB's journey. As investors navigate the market turbulence and attempt to decipher the dynamics at play, one thing is clear: Shiba Inu remains a cryptocurrency of both volatility and resilience, with its future intricately tied to the ongoing developments within its vibrant and dedicated community.
COINBASE:SHIBUSDLong
by DEXWireNews
🔥 BTC/USDT - Ready for LONG ?By checking the Bitcoin chart in the 2-hour time frame, we can see that the price is still correcting in the range of $42,300 as we expected, and it even managed to fall to $41,300! I hope you have made the most of this analysis! If the price stabilizes above $41,300, I expect that Bitcoin can grow to levels above $44,700 this time, and the mid-term targets of this cryptocurrency will be $45,900 and $47,450, respectively! Please share your opinion about the possible trend of this chart with me and support us with your likes and comments. Best Regards , Arman Shaban
Long
by ArmanShabanTrading
16
🔥 BTC/USDT : The $BTC will fall ? (Read The Caption)By checking the Bitcoin chart in the 2-hour time frame, we can see that the price is trading in the range of $43,600 and if the price cannot penetrate above $44,700 again, we will see a further drop in the price! Important demand ranges are $42,700 to $43,000 and $40,200 to $40,700 respectively! The supply ranges are $43,900 to $44,400 and $45,500 respectively! Please share your opinion about the possible trend of this chart with me and support us with your likes and comments. Best Regards , Arman Shaban
Short
by ArmanShabanTrading
5
SHIB/USDT In the crucial area, Could SHIB Breakout or Rejected ?💎 SHIB, a notable player in the market, is currently advancing towards a critical supply area. Recently, SHIB faced a strong rejection at this juncture. For continued upward momentum, SHIB needs to break through this supply area. A confirmed breakout, probability could set the stage for SHIB to progress towards our identified strong resistance area. 💎 However, should SHIB struggle to breach this resistance and instead consolidate at this level over the next few days, it might face another rejection. Such a development could lead SHIB to retreat towards the support level at $0.00092. 💎 The support area at $0.00092 plays a pivotal role in SHIB's trajectory. A robust bounce from this level is necessary for SHIB to attempt another breakout of the supply area. Failure to sustain and rebound from this support could indicate weakening buyer momentum, raising the possibility of losing this support level. If SHIB breaks below this support, it could be directed towards the lower bullish OB area.
by MyCryptoParadise
Shiba Inu... Tecnicall and Market psychologyFortunately, Shiba has not yet broken its upward trend line, although the profits it gave us were took , and some did not sell, but there is no need to worry, please don't be just a seller .I see Shiba rising until the weekend,, it was a correction of the work of the whales, not a technical analysis. This is where a question arises in the mind that how 22% growth suddenly became a loss in this way, I really don't know, but this is the conspiracy of the whales who can create such a queue with a lot of money. Please don't be a seller, the whales 🐋 note is fixing this situation so that they're can buy at lower prices and sell at higher prices, I hope you will make a great profit by the end of the week.
by Baharmostofi
1
💎 BTC: Bitcoin Will Reach $77,000 or $28,000 ? (READ Caption)With the new analysis of the Bitcoin chart in the weekly time frame, we see that the price, based on the analysis we had, finally managed to hit the target of $44,000 and even managed to record the price of $45,000! Based on my view on the chart, I have determined the important levels of supply, demand, possible targets, etc. that we will address! Currently, the price has reached the supply range of $44,290 to $48,300, as you can see, the initial reaction to this range was corrective! The first support in front of the price range is $35,630 to $38,430. If the price corrects to this range, we will expect an increase in demand! The next possible upward targets are $48,560 and $53,210, respectively, if the desired support is maintained, note that the price level of $53,210 is an important supply level that you can consider for the SELL position! The next mid-term targets are $57,700 and $62,300 respectively! If we want to look a bit more optimistic and long-term, the target of $77,000 will not be far from expectations! Note that this analysis was done in the weekly time frame! Please share your opinion about the possible trend of this chart with me and support us with your likes and comments. Best Regards , Arman Shaban
COINBASE:BTCUSDLong
by ArmanShabanTrading
21
Shiba Inu Burn Rate Soars 83000% As Whale Shifts 4 Trillion SHIBShiba Inu Burn Rate: Shiba Inu has gained significant traction within the broader crypto market as the SHIB burn rate rockets to 83000% amid major whale activity. Shiba Inu Burn Rate: One of the most popular meme coins, the Shiba Inu cryptocurrency, captivated significant attention throughout the broader crypto market today. With the Shiba community witnessing a colossal surge in the SHIB burn rate, a whale transaction detected also appears to have stirred up speculation among crypto market enthusiasts. Furthermore, with the SHIB tokenomics witnessing a gust of developments, the token’s price also appears to have surged phenomenally. Meanwhile, the price also ditched one zero from its value, igniting interest among crypto traders and investors. SHIB Burn Rate Surges Amid Whale Activity The Shiba Inu burn rate over the last 24 hours catapulted a whopping 82896%, evoking bullish market sentiments among crypto market fanatics. Moreover, the token noted 23 million SHIB coins burnt at the time of writing. In the interim, the community marked a total of 410.67 trillion coins burnt from the initial supply. What’s even more intriguing is Whale Alert, a platform providing on-chain data, recently revealed a massive whale transaction amid the burning of coins. Concerning the data, an unknown wallet, 0xda2d9398…95bbe536f9, transferred 4.23 trillion SHIB to another wallet, 0x824ca70d…d5d9d066cd. The coins transferred amounted to $42.21 million as of today, December 9. The colossal whale activity amid the meteoric burn rate appears to have triggered an immense bullish market sentiment for the SHIB token. Furthermore, it also seems like the token is eyed by many smart money wallets, aligning with its price pump. Shiba Inu Price Maintains Price Rally. The self-proclaimed Dogecoin killer, Shiba Inu’s price noted a jump of 3.02%, reaching $0.00001033 at the time of writing. Besides, the coin also marked a substantial increase of 23.12% during the past seven days, accompanied by a monthly pump of 19.91%. Moreover, the token also shredded a zero from its value recently. Although the coin’s price underwent volatile trading in recent weeks, the SHIB cryptocurrency appears to be portraying a promising outlook in the near future.
COINBASE:SHIBUSDLong
by DEXWireNews