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Shibainu

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
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
SHIB Shiba Inu Potential breakoutIf you haven`t bought SHIB before the previous rally: nor sold the top: Analyzing Shiba Inu’s chart, it appears to be entering a phase of accumulation following the conclusion of a falling wedge pattern, which is often a bullish signal. Given this setup, I anticipate a potential upward movement in SHIB over the next two weeks as buying pressure builds. The price action suggests growing momentum, and I’m targeting the next key resistance level at $0.00001500. This zone could act as a pivotal point for the next leg higher if the bullish sentiment continues to strengthen.
Long
by TopgOptions
2
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
Should we buy #Shib or wait?The specified area is very important and vital for #Shiba, if this area is not broken, the price will have a sharp fall, if this level is broken, it can also bring a strong price growth. If you haven't bought Shiba yet, wait for it to cross the trendline and resistance level. If you already have Shiba, you can cross this zone with the risk of freeing. Overall, this area is very important, and I think the price has been deliberately kept in these areas so that if the Bitcoin situation remains positive, Shiba will also break this level and prepare to conquer higher prices. #shib
by Reza_kahe
FLOKI | Meme Season Coming?Shiba killer is back? Recent Binance news indicates that the U.S. arm of the world's largest exchange, is all set to list the popular memecoin Floki Days after recognizing Shiba Inu’s full potential as a result of an internal review and its subsequent delisting from the Binance’s experimental “innovation zone”, the U.S. arm of the world’s largest crypto exchange announced that it will offer Floki, another flagship cryptocurrency from the memecoin genre. On Monday, April 24, the California-based Binance exchange notified its millions of users about the upcoming Floki listing which would initially be paired with both USD and USDT support. The trading for the token is said to go live tomorrow, April 25, 2023 at 5 a.m. PDT / 8 a.m. EDT. However, according to the announcement, the deposit function for FLOKI tokens are currently enabled for users to fund their crypto accounts. Binance has created seven new liquidity pools for crypto including Bitcoin, Shiba Inu, and Dogecoin in response to the growing demand for such cryptocurrencies. Moreover, emerging memecoins like Bone ShibaSwap (BONE), ArbDoge AI (AIDOGE) pumped more than 10% on news of a major exchange listing today. As a direct consequence of this, many in the crypto community are speculating of an impending memecoin rally where market participants anticipate higher retail engagement as an increasing number of exchanges provide support for these altcoins. However, such price movements are heavily dependent on Bitcoin and a further decline from its current levels of FWB:27K would turn out to be devastating for the larger crypto market.
by moonypto
27
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 shows mixed signals: What’s next for SHIB?Over the past week and month, Shiba Inu (SHIB) has posted steady gains despite market volatility. In the last 24 hours alone, it added 2.67%, reflecting the current trends across the broader market. Shiba Inu was consolidating within a symmetrical triangle pattern, a technical formation where prices oscillate between narrowing resistance and support levels. This signals a potential build-up for a significant price move. Traders appear to be accumulating SHIB, betting on a breakout that could trigger a rally. The rationale is simple: higher holdings now could translate into greater profitability if the price takes off. A breakout from this consolidation could push SHIB toward $0.00002954—a level where strong selling pressure might emerge and potentially cap further gains. However, while the accumulation phase is underway, technical indicators suggest the anticipated breakout could be delayed. One indicator is the Parabolic SAR, which has formed dots above SHIB’s price—indicating potential downward pressure that could push the asset’s price lower. The Relative Strength Index (RSI), which measures the speed of price changes and gauges market sentiment, shows similar bearish signals. As of this writing, the RSI has shown a downtick, with the price following suit. If this downward momentum persists, SHIB could see a further decline. The expected target for this move is the support level within the symmetrical triangle pattern, where the price may seek renewed buying interest before any significant upward trend resumes.
by paul_endeo
Shiba (SHIB) – Return to the Right Shoulder of a Head & ShoulderOn the 4H chart, Shiba shows a return to the right shoulder of a “Head & Shoulders” pattern. The price is near a significant resistance level. If this resistance is broken, the next target is at the upper resistance level. Trading Scenario: • Long: If the resistance is broken, aim for the next resistance level to take profits. • Short: If the price is rejected at the resistance, a pullback to lower levels is possible.
Long
by rebenga93
SHIBA INU at Key Support: Will We See a Bounce or Breakdown?Evening Trading Family Shiba Inu (SHIB) is at a pivotal moment as it hovers around a key support level. Traders are closely watching for the next big move. Quick Overview: Shiba Inu, one of the most popular meme coins, has seen significant growth and strong community support. Now, it's testing an important support zone, which could determine its next direction. Upside Potential: A bounce from 0.0001764 could push SHIB toward 0.0001789, and if momentum builds, further gains up to 0.0001829 are possible, setting up for a potential breakout. Downside Risk: If SHIB fails to hold support at this level, a move down toward 0.0001736 and possibly 0.0001701 could be on the horizon. Be prepared for a high-volatility scenario as SHIB tests these crucial levels. Happy Trading MIndbloome Trader
COINBASE:SHIBUSD
by Mindbloome-Trading
3
SHIBUSDT potential test of Down Trend Resistance lineSHIBUSDT is currently in an accumulation phase, with the price oscillating around the 0.000015 level. The market has bounced off this support level twice before initiating an upward impulse move. The most recent swing upward was stronger than the previous one, signaling a potential increase in bullish momentum. Growing expectations of a possible bull run could act as a trigger for further upward movement. The market continues to bounce off the upward trendline, forming higher lows, which indicates buying pressure. Based on this analysis, the price could retest the channel border, potentially leading to further bullish momentum. The target is the resistance zone at 0.00002.
Long
by RTED_Investing
SHIB/USDT Trading Scenario UpdateAfter a significant increase in February and reaching a local maximum of $0.00004575, the price declined to the $0.00001080 mark, which represented a drop of over 76%. As a result of this decline, the quote nearly reached the POC volume level at $0.00001032. Near this level, a rebound was observed, followed by an attempt at recovery. From the perspective of Fibonacci levels, the current asset price is within a favorable range for purchases (between 1 and 0.75). In this range, medium-term purchases can be considered with a target price of $0.00002746, which corresponds to the 0.5 Fibonacci level.
by Rick_SimpleSwap
Shiba In (SHIB) shows bullish head and shoulders patternSHIB, the second-largest coin, plunged over 8% during Monday’s U.S. market trading hours. The sharp plunge can be attributed to Bitcoin drop below $65,000, with an intraday loss of 3%. With the meme cryptocurrency sector often volatile to new market changes, the Shiba Inu price hints at a potential retest to $x. support. Will the uptober rally sentiment trigger a major reversal? Since last weekend, the Shiba Inu price witnessed a notable correction from $0.0000217 to $0.0000178, accounting for an 18% drop. The bearish turnaround likely coincides with the broader market pullback as Bitcoin drops below $65,000 on Monday. With sustained selling, the SHIB price could tumble another 9% before retesting suitable support at $0.000016. The aforementioned level, coinciding with a bullish crossover of 20-and-100-day exponential moving average after 100 days, could recuperate the bullish momentum. The potential reversal will likely reveal a bullish reversal pattern called Inverted Head and Shoulder in daily charts. The chart setup consists of three lows, where the middle low (the “head”) is the lowest, and the two outer lows (the “shoulders”) are slightly higher. If the pattern holds true, the Shiba Inu price could rebound from $0.000016 and rechallenge the neckline resistance at $0.000022. On the contrary, if sellers drive a breakdown below the $0.000016 level, the buyers would also lose EMAs support and invalidate the bullish thesis.
by paul_endeo
1
Unlocking Potential: Guide to Buying SHIBUSDT on SpotIn this detailed guide, explore the intricacies of buying ShibUSDT on the spot market. We'll cover the essential strategies for timing your purchases, managing risks, and understanding market signals. As Shiba Inu continues to gain traction in the crypto community, this guide will help you navigate the volatility and make informed decisions. Whether you're looking to diversify your portfolio or ride the wave of Shiba Inu's popularity, this guide provides the tools to optimize your spot trading experience.
Long
by Darshana_Alwis
SHIB Is BullishFrom where we put the green arrow on the chart, it looks like a big bullish triangle is over. By maintaining the green range, it can move towards the targets. The targets are marked on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark