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SHIB Shiba Inu Price TargetIf you haven`t bought SHIB begore the mega pump here: Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion. The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"! The question arises: from where will these substantial funds be derived? One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%. Among the tokens impacted is SHIB Shiba. I've set a short-term price target for SHIB Shiba at $0.00000700. Looking forward to read your opinion about it!
Short
by TopgOptions
SHIB Pennant IncomingOn the journey to a complete W pattern at the $0.000015 price tag there will be a few, if not more, periods of consolidation. After a hot run up to the 0.00000970 range, Shiba Inu is beginning to consolidate into what may be a week long, or slightly longer, pennant formation. Buying opportunities may present themselves around the Fib Retracement Levels with a potential bottom near the 38.2% level. A breakout from the projected pennant could take Shib's value to the 1W (1 week) 38.2% Fib Retracement Level with the 1W 50% level being the next stop if this ceiling is blown through with significant volume. However, more consolidation should be expected in my opinion. As always, a breakdown is also possible which could hemorrhage Shib's value to prior lows. At the time of this article I am still confident on a pending completion of the W pattern (see my other idea linked at the bottom) but macroeconomic factors can accelerate or derail this formation. Stop-losses should be utilized and traders should be cognizant of any significant changes in the climate of the market. COINBASE:SHIBUSD
COINBASE:SHIBUSDLong
by Shepherd_Investor
SHIB Shiba Inu Price Tgt | Binance vs SEC Lawsuit|Whales DumpingIf you haven`t bought SHIB here, before it went parabolic: Then you need to know that Binance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws. The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community. Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative guidance from Congress. The original lawsuit, filed in June, accused Binance of unlawfully listing unregistered securities. Historically, the actions of whales have been instrumental in shaping the price movements of Bitcoin and the broader cryptocurrency market. Non-whale addresses, those holding less than 100 BTC, now account for over 41% of the total Bitcoin supply. Meanwhile, whales, entities holding between 100 and 100,000 BTC, have witnessed a decline in their collective holdings to 55.5%, marking their lowest ownership level since May. The decrease in whale holdings could signal a potential change in the market's dynamics, potentially leading to increased volatility and uncertainty. These developments collectively cast a shadow over the cryptocurrency market's near-term prospects. In this context, my price target for SHIB Shiba Inu is $0.00000670. Looking forward to read your opinion about it!
Short
by TopgOptions
1
Shiba - Bullish setup -$ SHIBUSD ✅Hello Traders, BINANCE:SHIBUSDT after a long period of consolidation and accumulation is showing bullish signals. At the moment we have the yellow trend line acting like resistance with high chances to be broken targeting 0.000015-0.0000155 price levels. We need a daily break of this resistance to have a breakout signal. The Yellow curve is showing the next movement based on my view on this asset. The best entry is at the resistance test, if holds on 4H timeframe after a breakout and acts like support sure the bullish movement will be very strong.
Long
by IllyrianTrader
SHIB Sells Off After Big Coinbase Transfer: Time to Take Profit?Introduction: The cryptocurrency market has witnessed significant volatility recently, with various altcoins experiencing substantial gains and sharp declines. SHIB has garnered considerable attention among these altcoins thanks to its impressive surge in value. However, recent events, particularly a significant transfer of SHIB tokens to Coinbase, have raised concerns among traders. This article aims to shed light on the situation and encourage readers to consider taking profit from their SHIB investments if they have not already done so. The Coinbase Transfer and Its Impact: In the second week of Aug, a substantial transfer of SHIB tokens was made to Coinbase, one of the leading cryptocurrency exchanges. This event immediately sparked speculation and concern within the crypto community. Such transfers to major exchanges often precede significant sell-offs as early investors and traders look to capitalize on their gains. Consequently, the SHIB market experienced a noticeable decline shortly after the transfer. The Concerned Tone: As a concerned trader, evaluating the potential risks associated with SHIB at this juncture is crucial. While the cryptocurrency's meteoric rise has undoubtedly been impressive, it is essential to remember that markets are inherently volatile and subject to swift changes. The recent Coinbase transfer is a stark reminder that no investment is immune to sudden market fluctuations. Call-to-Action: Taking Profit from SHIB Considering the recent events surrounding SHIB, it is prudent for traders to assess their positions and consider taking profit if they have not done so already. While it is tempting to hold on to an investment that has shown significant gains, minimizing potential losses and securing profits when appropriate is equally essential. If you have not yet taken profit from your SHIB investment, now might be an opportune time to do so. By converting a portion of your holdings into a more stable asset or diversifying your portfolio, you can mitigate potential risks and protect your overall investment strategy. Remember, making a profit is personal, and conducting thorough research and consulting with financial advisors before making investment decisions is crucial. The cryptocurrency market is highly unpredictable, and it is always better to be cautious than caught off guard by sudden downturns. Conclusion: The recent sell-off of SHIB following a significant transfer to Coinbase has raised concerns among traders. While the cryptocurrency market continues to offer exciting opportunities, it is essential to remain vigilant and make informed decisions. If you have not yet taken profit from your SHIB investment, consider doing so to safeguard your gains and protect your overall investment strategy. Remember, the crypto market is highly volatile, and making a profit at the right time can be prudent. Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always research and consult a professional financial advisor before making any investment decisions.
Short
by bryandowningqln
1
ITS A TIME TO SELL SHIBA COIN ?? SHIBA COIN PRICE ANALYSIS !!SHIB Coin Update & Possible Moves !! • On 4h tf currently trading Now below From its resistance. • MACD & RSI Look Over bought on 1D Tf + Creat Double top on 4h Tf. ( overall bearish signs ) • Possible price drop directly From Current Level or again touch its resistance and then drop. ( scenerio invalid if its break its resistance & sucessfully retest ) • Sell You bags if You are holding in spot wallet For short term & if you wanna take position in short then don't invest upto 1% with leverage under this choppy markete 😴 FOLLO ME FORE MORE ANALYSIS
by CRYPTOPLAYERS-01
1
Shiba Bullish Momentum Continues as Social Media Talk Spikes! 🚀 Today, I bring you fantastic news regarding our beloved Shiba Inu token (SHIB). The bullish momentum continues to soar, fueled by an unprecedented surge in social media discussions! 🐕📈 Over the past few days, the Shiba Inu community has been buzzing with enthusiasm and positive sentiment. We've witnessed an incredible spike in online conversations surrounding SHIB, reflecting a growing interest and confidence in its potential. It's truly exhilarating to see the power of our community and the impact it can have on our investments. You might wonder, "What's driving this sudden surge in social media talk?" Well, my friends, it results from our collective efforts and unwavering commitment to SHIB. As a proud SHIB holder, each of you has contributed to this incredible momentum. So, let's keep the positive vibes flowing and continue to spread the word about our favorite token! I want to take a moment to express my heartfelt gratitude to all of you for staying strong and holding onto your SHIB. Your unwavering belief in this project has been instrumental in fueling its growth. As we witness this bullish momentum, we must remember the long-term vision we share for SHIB. Together, we are building something remarkable! Now, here comes the exciting part: the call to action! I encourage every one of you to continue holding onto your SHIB tokens. By staying invested, we are positioning ourselves for potentially massive returns in the future. Remember, patience and perseverance are key in the world of crypto. Let's ride this wave of bullish momentum together and see where it takes us! 🌊 Additionally, let's leverage the power of social media to amplify our message further. Share your positive experiences and insights about SHIB across various platforms. Keep an eye on the latest news, updates, and developments surrounding SHIB. Stay informed and educated about market trends. Knowledge is power, and being well-informed will help us make the best investment decisions. Remember, my fellow traders, we are part of an incredible journey with Shiba Inu. Let's continue to hold our SHIB with unwavering confidence and enthusiasm. The future is bright, and together, we will achieve remarkable returns!
Long
by bryandowningqln
2
Awesome Oscillator for SHIB is Going Positive 🚀Brace yourself for some exciting developments in the world of SHIB! First things first, let's talk about the Awesome Oscillator for SHIB. Drumroll, please... it's going positively! 🎉 This positive momentum indicates a potential shift towards bullishness, and as a crypto enthusiast, you know what that means – opportunities for growth and potential profits! But wait, there's more! SHIB is making waves with its Awesome Oscillator, touching the 50 EMA (Exponential Moving Average) and approaching the 100 EMA. This is a promising sign, as it suggests that SHIB is gaining traction and could be on the verge of a significant upward movement. It would be best if you didn't miss out on this exciting development, so I strongly encourage you to add SHIB to your watchlist immediately. By keeping a close eye on its progress, you'll be ready to seize any potential opportunities that come your way. So, what are you waiting for? Please take a moment to add SHIB to your watchlist and keep a keen eye on its performance. Stay attentive to other favorable indicators, which could indicate an upcoming bullish trend. Remember, the crypto market is all about staying informed and being proactive. By staying ahead of the curve and monitoring the progress of promising cryptocurrencies like SHIB, you position yourself for potential profits and exciting trading opportunities.
Long
by bryandowningqln
SHIBUSDT RejectedShiba Inu (SHIB) recorded its lowest historical price (ATL) a few days ago on the Binance chart. This downward trend began with a break of the descending trendline, and today the price retested that trendline with forceful rejection, causing a price drop. In my opinion, Shiba Inu may find support within this price range and break the descending trendline again. However, the current market trend doesn't seem particularly promising. The best course of action would be to wait for price stabilization and the breaking of resistances. The main resistance is indicated by the yellow color on the chart, which was previously a historical support but has now become a strong resistance.
by Madoir
SHIB Shiba Inu Whales are Selling !If you haven`t bought SHIB here: Or sold it here: Then you should know that another notable transaction was reported on June 9 by Blockchain tracker Whale Alert, involving the transfer of 4 trillion Shiba Inu tokens to Binance. This transfer, worth $31.7 million, incurred a minimal fee of only $1.78 before the price of Shiba Inu experienced a decline. Following the transaction, there have been various reactions from market participants, with some highlighting that it resulted in a 1% increase in Shiba Inu's circulating supply to 578.9 trillion tokens. It appears that whales are engaging in selling activities. My price Target for SHIB is $0.00000500. Looking forward to read your opinion about it!
Short
by TopgOptions
3
Shiba Inu SHIB and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night. Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election. The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market. Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets. SHIB/USDT Entry Range: $0.00000800 - 0.00000910 Price Target 1: $0.00000990 Price Target 2: $0.00001100 Price Target 3: $0.00001260 Stop Loss: $0.00000700
Long
by BuySellMarketMaker
Shiba Inu SHIB Price Targets after the FOMC meeting this weekThe upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments. The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak. Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the financial situation is much steadier. Additionally, inflation remains elevated, and with evidence of stubbornness in underlying inflation, it could be in the 4% to 5% range, far above the 2% inflation target. The markets are pricing in a 25bp Fed Funds rate hike to 5.25% at the May FOMC meeting, and given the steadiness in financial markets, persistence in price pressures, and continued decent activity, this could contribute to a further downturn in the crypto market. SHIB/USDT shot Entry Range: $0.00000950 - 0.00001050 Price Target 1: $0.00000900 Price Target 2: $0.00000810 Price Target 3: $0.00000720 Stop Loss: $0.00001250
Short
by BuySellMarketMaker
Shiba Inu SHIB Price Targets after the Ethereum Shanghai upgradeEthereum’s Shanghai upgrade is scheduled to launch on April 12. The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump. This is my scenario for Shiba Inu: SHIB/USDT shot Entry Range: $0.00001000 - 0.00001100 Price Target 1: $0.00000950 Price Target 2: $0.00000870 Price Target 3: $0.00000800 Stop Loss: $0.00001250
Short
by BuySellMarketMaker
SHIB Back To Previous Support | 50% Profit PotentialSHIB is looking beautiful on the daily timeframe! The price is currently moving within a symmetrical triangle. The past month, the price has been accumulating in an ascending triangle, pointing toward a breakout as soon as the daily price action closes above the 0.00001200 level. The profit potential is ~50%, with the price climbing to the previous high as well as the previous support, which now might act as a resistance.
Long
by Anton_XBT
5