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SHIBUSDT

SHIB looks bullish (1D)SHIB seems to be bullish. From where we put the red arrow on the chart, it looks like a triangle is formed, and we are now in wave E of this triangle. By hitting the green range, we expect another pump from SHIB. The targets are marked on the picture. Closing a daily candle below the invalidation level will violate this 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
3
#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
Why Crypto Memecoins are Winning Hearts & Wallets ? The Memecoin Supercycle The Rise of Memecoins as Dominant Players - Performance Trends: Memecoins are currently outperforming other crypto asset classes, signaling a shift from the uniform growth of all cryptocurrencies to selective surges in niche categories. -Data Driven Insight: Among the top tokens, memecoins constitute a significant portion of those that have outperformed Bitcoin year2date Structural Issues in Traditional Crypto Projects -Overproduction and Valuation Problems: - The market is flooded with tokens leading to oversaturation and inflated valuations. - Many altcoins are launched with extremely high valuations, often benefiting insiders while retail investors bear the losses. -Centralization: Despite the decentralization ethos, token distributions are often controlled by insiders, alienating retail investors. Why Memecoins Thrive? -Market Fit: Memecoins resonate with retail investors due to their simplicity, cultural relevance, and the promise of community-driven gains. -Speculation and Momentum:Memecoins capitalize on speculative dynamics and community participation, often generating cult-like followings. - Emotional Utility:Beyond financial returns, memecoins provide entertainment, identity, and a sense of belonging—qualities overlooked by tech-driven tokens. External Factors Boosting Memecoins -Economic Pressures: Inflation, income inequality, and job insecurities are pushing individuals toward high-risk, high-reward opportunities. -Cultural Shifts: With declining influence of traditional institutions like religion, people are gravitating towards digital communities and narratives, such as those offered by memecoins. Memecoins vs Traditional Altcoins -Token Dynamics: Memecoins simplify the crypto experience by focusing on the community and token without overcomplicating with software utilities. -Competitive Advantage:Memecoins are described as “better products” for retail investors due to their accessibility, liquidity, and lack of insider-driven dilution. Predictions for the Future -Market Growth: there is a chance for $1 trillion market cap for memecoins, with some reaching valuations above $100 billion. -Shift in Dominance: Memecoins are expected to occupy a more significant share of the crypto market, outperforming utility-focused tokens and tech-backed assets. -Institutional Adoption: Venture capitalists and traditional finance players are likely to pivot toward memecoins as they recognize their market potential. Implications for the Crypto Industry -Reevaluating Narratives: Memecoins challenge the tech-first narrative of crypto by emphasizing community-driven growth and speculative value. -Tokenization of Faith:Memecoins symbolize a broader trend of financializing belief systems and creating "mini religions" around digital assets. -Retail-Centric Approach: The success of memecoins highlights the importance of catering to retail investors' aspirations for financial gains, fun, and community. Long story short the memecoin supercycle is not only a reflection of market trends but also a response to broader societal changes. Memecoins have become a powerful force in the crypto landscape by aligning with the emotional and speculative desires of investors. As the industry evolves, their role as cultural and financial phenomena is likely to grow, reshaping how we perceive and participate in cryptocurrency markets. Which meme coins do you think will pump 100X soon? and why!?
Education
by moonypto
DOGE vs SHIB | UPSIDE POTENTIAL | Which is Better for ALTSEASON?DOGE and SHIB have one thing in common : both are meme coins - and that is probably the only thing. They each take turns to pump and dump, based on their position in the Total Cryptocurrency by Market Cap Rank. One of these, stands to gain much more than the other due to a few reasons as pointed out in the analysis. Which one are you rooting for this altseason? Speaking of altseason; don't miss yesterday's important update on BTC, Bitcoin Dominance, TOTAL3 and altseason: _________________________ BINANCE:DOGEUSDT BINANCE:SHIBUSDT
Long
by CryptoCheck-
3
SHIBA INU more gainHello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for SHIBA INU, 📚💣 As observed, a significant influx of trading volume has entered the market for this asset. Moreover, this asset is backed by one of the largest media platforms and communities in the global cryptocurrency space, enhancing its influence and market visibility. 📚🎇 Despite the current momentum, there is a possibility of the price declining further to the next lower Fibonacci support level.📚✌ However, following this potential dip, we anticipate a renewed upward movement, leading to a recovery and subsequent price increase. 🎇💡 🧨 Our team's main opinion is Significant trading volume has entered this asset, supported by one of the largest crypto media communities. The price may dip to a lower Fibonacci level before likely rebounding. 🧨 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Long
by MadWhale
11
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
SHIBA on the Edge of a Breakout—Can Bulls Break the Barrier?Yello, Paradisers! Are the #SHIBA bulls about to break through? The price is gaining momentum, and we’re nearing a key moment for this meme token. Let’s break down the critical levels you need to watch. 💎#SHIBUSDT is currently attempting a breakout from a triangle pattern, with bulls aggressively challenging the supply zone between 0.00001860 to 0.00001890. This area has been a stubborn resistance since late September, with every test leading to a retracement. For SHIB to build a sustained bullish run, it’s crucial for bulls to break above this supply zone. 💎If the breakout succeeds, we could see SHIB quickly rally towards 0.000020 as the first target, followed by the pattern targets at 0.0000212 to 0.00002150. However, keep in mind that this range also coincides with higher-time frame resistance, so some profit-taking is expected here. 💎On the downside, SHIB has robust support between 0.0001710 to 0.00001680. This zone includes multiple layers of support, making it difficult for sellers to push the price lower. Expect this region to act as a strong defense against any bearish attempts. Paradisers, remember, trading is a game of patience and discipline. Stick to high-probability setups and follow your strategy carefully to stay ahead in this market! MyCryptoParadise iFeel the success🌴
COINBASE:SHIBUSDLong
by MyCryptoParadise_Jack
1
SHIB Looks BullishShiba appears to be entering a bullish wave C. By maintaining the green range that overlaps with the KEY level, it can go to the ATH. You should not have an emotional entry, you must have a set position to enter. Shiba's market cap is 13B, which is a bit heavy, and you shouldn't expect big profits from this coin. The target is above ATH Closing a daily candle below the invalidation level will violate this 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
CRYPTO:SHIBUSD
by behdark
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
Trading Signal For SHIBUSDT Trading Setup: A Trading Signal is seen in the SHIBUSDT SHIBAINU (4h) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.00001702 ⭕️SL @ 0.00001540 🔵TP1 @ 0.00002037 🔵TP2 @ 0.00002298 🔵TP3 @ 0.00002691 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
10
SasanSeifi| Can We Expect a Rebound Above Key Resistance Levels?Hey there, ✌ BINANCE:SHIBUSDT On the 4-day long-term time frame, after breaking a strong support at the 0.000018 cent level, the price experienced a significant drop, reaching the 0.000010 cent range. Currently, the price is trading in a range around 0.000014 cents, and it’s important to note that it remains below the 200-day Exponential Moving Average (EMA). As long as the price is trading below the 200 EMA and the key supply zone between 0.000016 and 0.000017 cents, the overall outlook stays bearish. At the moment, the price is moving toward the key supply zone. If the price gets rejected and momentum weakens at this level, and we receive a sell confirmation (SELL) on lower time frames, the likelihood of a downward move toward targets like 0.00000945 cents increases. On the other hand, if the price manages to break and hold above the key level and the 200 EMA, further price growth towards targets of 0.000020, 0.000023, and 0.000025 cents is possible. This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
by SasanSeifi
2
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
SHIB/USDT: BREAKOUT ALERT! LONG TRADE SETUP!!Hey everyone! If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates! SHIB is looking strong! It’s broken out of the symmetrical triangle on the 4-hour time frame, with a successful retest. Consider a long at the current price, adding more on dips. Entry range: Current Price (CMP) and up to $0.0183 Targets: $0.0209 / $0.0224 / $0.0245 / $0.0262 Stop Loss: $0.0174 Leverage: Low leverage (Max 5x) What’s your take on SHIB’s price action? I’m seeing a solid bullish setup here! Share your insights and analysis in the comments below!
1Long
by CoreCrypto1