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Shibainucoin

#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_
2
Shiba Inu price completed correction and will continue to grow ?We would like to believe that the Shiba inu price has already made an a-b-c correction as part of wave 4. But it's worth keeping in mind that a drop in the #SHIBUSDT price down to $0.00001350 - 0.000015 will still keep the upside scenario relevant. But probably most would like to see the price drop no longer fall so much, and for CRYPTOCAP:SHIB buyers to keep the price above $0.000020 and continue to grow with a medium or long-term target of $0.000075 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
Bullish Breakout After Forming Double BottomSHIB has found strong support around $0.00002640 , forming a double bottom pattern on the daily charts. This bullish reversal pattern suggests a potential trend reversal and a breakout to the upside. The price has already risen to $0.00002864 , which I view as a breakout sign. Resistance Levels to Monitor - The first hurdle for SHIB's bullish momentum lies at $0.00002960 . If the price can overcome this initial resistance level, it could pave the way for further gains. - The second resistance zone is between $0.00003050 and $0.00003200 , an area where many experienced traders are likely to take a profit. A successful breakout above this zone would be a significant bullish development. - Finally, if SHIB can surge past $0.00003200 , it could encounter resistance around $0.00003455 . Crypto Impact The overall health of the cryptocurrency market will significantly influence SHIB's price trajectory. If the current bullish momentum in the broader market wanes, SHIB's breakout attempt could falter. In a bearish scenario, SHIB could potentially fall back down to its support level around $0.00002375 .
BITSTAMP:SHIBUSDLong
by Z4F4R
1
SHIB Holders Realize Nearly $373 Million ProfitsShiba Inu ( CRYPTOCAP:SHIB ), the infamous meme coin, has captured the attention of crypto enthusiasts once again with a staggering 55% surge in its price on a weekly timeframe, hitting a year-to-date high of $0.00004567. While the cryptocurrency market experiences a wave of volatility, CRYPTOCAP:SHIB stands resilient, sustaining its gains and defying profit-taking pressures. The recent rally in CRYPTOCAP:SHIB price coincides with Bitcoin and Ethereum's resurgence in 2024, signaling a broader trend of capital rotation within the crypto space. As investors seek alternative avenues for profits, meme coins like CRYPTOCAP:SHIB , along with AI, metaverse, and gaming tokens, emerge as attractive options for speculative investments. Key Catalysts Driving SHIB's Rally At the forefront of CRYPTOCAP:SHIB 's price surge is the relentless pursuit of ecosystem expansion by its lead developer, Shytoshi Kusama. Kusama's efforts to secure the listing of ecosystem token BONE on Binance have injected optimism into the CRYPTOCAP:SHIB community, fueling bullish sentiment and driving demand for the meme coin. Furthermore, the recent burning of 13 billion CRYPTOCAP:SHIB tokens, worth $463,000, on March 9, underscores the commitment to reducing the circulating supply of SHIB, thereby potentially increasing its scarcity and perceived value among investors. Navigating Volatility: Opportunities Amidst Challenges Despite facing significant profit-taking activities, CRYPTOCAP:SHIB price managed to sustain above the psychologically important support level of $0.000030, signaling resilience and investor confidence in the project's long-term prospects. Moreover, SHIB's ability to rebound from a notable dip on March 3, offering a lucrative "buy the dip" opportunity to traders, highlights the underlying strength and resilience of the meme coin amidst market fluctuations. Looking Ahead: Potential for Further Upside With £SHIB's weekly gains of 55% and a reduction in selling pressure as reflected by the decline in CRYPTOCAP:SHIB supply on exchanges, the meme coin is poised for further upside potential. As buying pressure continues to support SHIB's price momentum, investors anticipate a continued climb towards its year-to-date high.
COINBASE:SHIBUSDLong
by DEXWireNews
4
Shiba Inu Price Surged By 60% In Single DayThe recent surge in the price of Shiba Inu ( CRYPTOCAP:SHIB ) has caught the attention of many investors and cryptocurrency enthusiasts alike. In a single day, the value of CRYPTOCAP:SHIB surged by an impressive 60%, bringing it halfway to its all-time high value. This is a remarkable achievement for the meme coin which has been performing exceptionally well in recent times. Several other meme coins have also been performing well in the past few days, with some even crossing their all-time high values. Weekly trading volumes for some of these coins have also surged by up to 3000%. However, Shiba Inu ( CRYPTOCAP:SHIB ) stands out as one of the top-performing meme coins due to its recent surge in value. At present, CRYPTOCAP:SHIB is trading at $0.00004083, which represents a 70% increase in its value from the previous day. Over the past week, the price of CRYPTOCAP:SHIB has risen by an impressive 283%, with a trading volume of $13,338,944,678. This represents a massive surge in trading volume, compared to the $617.67 million trading volume recorded on February 28th. Following the recent surge, CRYPTOCAP:SHIB has climbed up the rankings on CoinMarketCap to become the 10th most popular cryptocurrency, with a market cap of $22,869,329,619. This surge has pushed Shiba Inu's valuation to $25 billion, putting it in close proximity to Dogecoin's valuation of $27 billion. The recent surge in the price of Shiba Inu ( CRYPTOCAP:SHIB ) can be attributed to several factors. For starters, Shiba Inu ( CRYPTOCAP:SHIB ) is the second-largest meme coin after Dogecoin, also known as the "Dog-Killer." Other meme coins such as Bonk and Floki Inu have also gained significant attention, contributing to the bullish market for meme coins, including $SHIB. Another significant factor contributing to the surge in CRYPTOCAP:SHIB 's value is increased buying activity in the market. According to Spot-On-Chain, the founder of MakerDAO, Rune Christensen, recently purchased 7.41 billion CRYPTOCAP:SHIB worth 100K USDC on March 1st, which was responsible for an initial 60% increase in the coin's value. Later on, he purchased an additional 17.629 billion CRYPTOCAP:SHIB with 400K USDC, contributing to a further 20% increase. The launch of CRYPTOCAP:SHIB Identity, which is designed to incorporate Self Sovereign Identity (SSI) into Shiba's projects, is another significant development that is expected to cause a surge in the value of $SHIB. This is scheduled to launch on November 1st, 2024. In conclusion, the recent surge in the price of Shiba Inu ( CRYPTOCAP:SHIB ) is a remarkable feat that has caught the attention of many investors and cryptocurrency enthusiasts. While the value of CRYPTOCAP:SHIB seems to be slipping a little from its peak of $0.00004438 earlier, it remains to be seen what the future holds for this meme coin and whether it will continue to rise or fall.
COINBASE:SHIBUSDLong
by DEXWireNews
shiba/eur the rise or the set?Hi Traders! A quick update on shiba !!!! If the price close up to 1259 then we will see very good returns!! personally it is the number one asset in my portfolio (of course there are others). let's see during the weekend if he can surprise us.. Be careful and always do portfolio management and if you are not in a good mood then go for a walk or read some book!! Traders, if you liked this idea or if you have your own opinion about it, write in the comments. don't forget to follow me for more news and updates. Thanks for reading!
Long
by GP101
Shiba Inu Burn Rate Skyrockets 300% Amid Shibarium BreakthroughsThe latest surge in Shiba Inu's burn rate, a staggering 300% increase according to Shibburn data, has sent shockwaves through the crypto market. In just one day, over 2.03 million CRYPTOCAP:SHIB tokens were incinerated, signaling a fervent commitment from the Shiba Inu community to reshape the tokenomics of their beloved meme coin. What's driving this exponential increase in burn rate? It appears to be a combination of factors, with Shibarium's breakthroughs taking center stage. The Shiba Inu community has been hard at work, unveiling plans to introduce new features for Shibarium, including mechanisms to facilitate SHIB burn alongside network transactions. This strategic move not only enhances the ecosystem's utility but also contributes to the reduction of SHIB's circulating supply, thereby potentially driving up its value. But that's not all. The community's ambitious roadmap includes the imminent launch of KNINE and SHEboshi, two innovative tokens set to further bolster SHIB's tokenomics. KNINE, a liquid staking derivatives token on Shibarium, promises to revolutionize staking mechanisms within the ecosystem. On the other hand, SHEboshi, positioned as an ERC-404 semi-fungible token, adds another layer of utility and diversity to the Shiba Inu ecosystem. The impact of these developments is already being felt. Shibarium's daily transactions have soared to 3 million, reflecting growing adoption and activity within the ecosystem. Additionally, Shibarium's Total Value Locked (TVL) is nearing the $1 million mark once again, highlighting the ecosystem's resilience and attractiveness to investors. In terms of price action, Shiba Inu ( CRYPTOCAP:SHIB ) has displayed heightened volatility but ultimately traded in the green, buoyed by the surge in burn rate and positive sentiment surrounding the ecosystem's advancements. At the time of writing, CRYPTOCAP:SHIB is trading at $0.000009871, with the price chart indicating a marginal jump of 0.75% over the past 24 hours. Looking ahead, the future looks promising for Shiba Inu. With the supply of CRYPTOCAP:SHIB tokens dwindling due to increased burning activity and the ecosystem's evolution gaining momentum, crypto market enthusiasts anticipate a significant uptrend in prices. Derivatives data for CRYPTOCAP:SHIB further supports this outlook, with open interest rising 2.69% to $29.51 million and volume jumping 51.94% to $45.65 million. In conclusion, Shiba Inu's meteoric rise in burn rate amid Shibarium breakthroughs heralds a new era of growth and innovation for the meme coin. With the community's unwavering commitment and a robust ecosystem taking shape, CRYPTOCAP:SHIB 's price rally seems not just plausible but imminent, cementing its position as a force to be reckoned with in the crypto landscape.
COINBASE:SHIBUSD
by DEXWireNews
8
SHIB Burn Rate Plunges 40% Amid Shiba Inu Price SurgeShiba Inu is once again gaining significant traction in the world of cryptocurrencies as its price surged today amid a declining burn rate. Shiba Inu, an Ethereum-based altcoin, amassed noteworthy attention in the world of cryptocurrencies as it recently witnessed a price jump amid a decrease in the burning of tokens. Shibburn, a platform offering SHIB burn insights, recently unveiled data showcasing the plunge in the burning of SHIB tokens. Moreover, Shibarium, a layer two blockchain for Shiba Inu, also witnessed a significant boost in testnet activities, stirring up speculations among crypto market traders and investors. Shiba Inu Burn Rate Amid Testnet Activity As of writing, the data offered by Shibburn showcased a 34.89% decrease in Shiba Inu’s burn rate over the past twenty-four hours. Besides, the total number of tokens burnt over the past twenty-four hours totaled 5.94 million. Interestingly, amid the constant burning of SHIB, the burn rate over the past week also experienced a fall of 43.33%. A total of 130.90 million SHIB was burnt over the past seven days. The Shiba Inu crypto community created a buzz in the world of cryptocurrencies following the massive burning of SHIB tokens over the past few days. In a series of transactions, the Shiba community appears to have burnt a whopping 410.662 trillion SHIB tokens to date. The abovementioned burning of tokens comes forth as a result of the Shiba community building up support for their token. Despite the Shiba community’s efforts, the SHIB price did not gain much momentum in 23, following which the community initiated burning colossal amounts of tokens. Furthermore, the Shibarium testnet activity also skyrocketed over the past few days. As per the data revealed by a blockchain explorer, not a single transaction was carried out on the Shibarium testnet in recent weeks. However, since November 9, a whopping 400,000 transactions occurred, gaining attention throughout crypto markets. Shiba Inu Price Report At the time of writing, the Shiba Inu price witnessed a surge of 1.27% over the past twenty-four hours, evaluating $0.000008329 today, November 25. However, the token witnessed a marginal fall of 3.28% over the past week. Furthermore, the twenty-four-hour trading volume witnessed a significant increase of 17.63%, reaching $119.77 million while writing. The price surge witnessed by SHIB over the past month evaluated 12.25%, lining up with the community’s efforts to jack up the SHIB tokenomics. As the Shiba community continues to burn massive amounts of tokens, the scarcity of the token continues to surge, which might push the token for a better future outlook within broader crypto markets.
COINBASE:SHIBUSDLong
by DEXWireNews
SHIB/USD Downtrend BreakoutThe idea here is about SHIB/USD: My view is short term Bullish for the below observed technical factors. Points as per TA on Weekly & daily Chart: 1. Broken out of Downtrend Channel as per below: 2. Possible Double Bottom pattern formation on a weekly chart await for neckline breakout as per below: 3. Possible Bearish Bat Harmonic Pattern CD leg in formation as per the published chart . 4. Bearish Cypher pattern completed on Daily chart, Target 1 Achieved & support confirmed at the time of publishing as per below : 5. Trading below 20 EMA on a weekly chart & above 20 EMA & below 200 EMA on a daily chart. 6. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily & weekly is Neutral at the time of publishing. 7. RSI is at 47.07 on a weekly Chart and 68.27 on daily chart at the time of publishing. 8. MACD above signal line on weekly & daily chart. 9. Hull Moving average on daily is a sell and Strong buy on Weekly & monthly. 10. ADX ( Average directional index ) trend strength is at 8.2 on a weekly which indicates a absent or weak trend ( ADX between 0-25 is a Absent or weak trend) & 43.17 on daily chart which indicates strong trend. Projected Target with %: Double bottom & bearish Bat targets are almost aligned at the same point. A). Conservative entries can wait for retest & neckline breakout confirmation on weekly chart for double bottom, target provided in chart. B). Bearish Bat target provided in chart. Stop Loss: provided in chart. Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So Please do your own DD (Due Diligence) before any kind of investment”. Do you like my TA & ideas!! Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis. Do leave your valuable feedback & comments for any improvisations. Cheers.
FTX:SHIBUSDLong
by Tron029
SHIBA | This Is A Real SurpriseSHIBA | Harmonic Pattern I have shared this analysis also before and we have seen SHIBA to move very fast and to show that the bullish volume is very strong. What is really surprising me today with SHIBA is that despite the fact the BTC and ETH made a big crash last night we can see anything at all on the Shiba's chart. Shiba is still holding very strong on its old support area close to 0.00001177 This is showing signs of a very strong bullish accumulation volume that can push the price up again very soon. Thank you and Good Luck!
Long
by KlejdiCuni
11