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SHIBUSDT

Shib path to November 2024 - 2025 Hola Shib-inu fans, I have been getting request while I was away - asking what's the next move for Shib in this current market today. Along with questions such as: Why is it crashing so much? Should you buy, hold, or sell? Where do you see the market in the next year? To answer that question is simply put I can not answer that directly at this time. Reason being, the market is currently influenced by the United States political and economical climate and is likely going to make an even greater impact based on which candidate wins office. Republicans🐘 vs 🐎Democrats Currently control the market movement, and if you don't believe me, after Donald Trump was shot, Republicans believed that this would land Trump a landslide victory, so Whales and influencers to the market flooded the main crypto wallets BTC and ETH among others with rally that led the price of bitcoin from a 56k lost back to a 70k return. Another example of how the US as well as China has a major controlling factor on how the market moves, is the fact that this most recent crash is based on the US CPI report being unsatisfactory forcing both the crypto and SnP market to crash from that outcome alone. This is mostly the results of Bitcoin and its holders trying desperately to have ETF's take center stage and by doing so gave much of the control over financial growth to the banks and the governments that control them. That's the price we paid to have ETF's we are now apart of the regulatory stock market which is mainly control by the US market base. So to understand where the next move for shib may lead is basically impossible to tell depending on who wins in November, so to help with this issue, I made a pathing map, and possible areas of concern for holders to look out for on a modified day chart converted to a weekly chart. This path starts and end in November of 2024 to 2025 where if the republicans win, it will influence buying power from whales looking to capitalize on the returning president trump and the republican party new policies that want to put in place that is more beneficial to those with wealth they which to extend further. vs Another democratic win where policies may not change to much but will be a greater impact on the financial markets as a whole which will not rally whales if any at all and will likely cause a selloff in much of the markets not just in crypto. So hopefully this map helps guide you to a positive path to riches or avoid a possible path to ruin.
by Grandmaster_Oz
9
Shiba Inu Price Drops 22%. Can it break the trend?The 22% drop in Shiba Inu’s price over the last 24 hours results from bearish investors and similar market conditions. Signs of SHIB holder’s negative sentiment became evident following the shift in funding rate. The funding rate indicates that SHIB investors have been anticipating a decline, with their expectations aligning with the recent drop in price. Their concerns about a downturn were realized as soon as the price turned red. The Chaikin Money Flow (CMF) further illustrates that Shiba Inu investors have been actively withdrawing their investments. This trend of significant outflows highlights growing caution or dissatisfaction among the investor base. Shiba Inu’s price at $0.00001105 fell below the support of $0.00001141, leaving the altcoin vulnerable to falling to the support of $0.00000898. This level has prevented further decline in the past, and SHIB could bounce back from it. To recover and break the downtrend line, the meme coin must first turn $0.00001473 into support. Given the current challenges, this could be difficult, and SHIB might consolidate below this level. On the other hand, if SHIB investors change their stance and turn bullish again, recovery is possible. Breaching the downtrend line would invalidate the bearish thesis and help reclaim lost profits.
by paul_endeo
SHIBUSDT.1DAnalyzing the SHIB/USDT daily chart, it's clear that the market has shown a mixture of explosive growth followed by a sharp decline, which is typical for volatile assets like SHIB. Let's dive deeper into the key technical indicators and the support and resistance levels to get a clearer picture of potential market movements. Support and Resistance Levels: Support Level 1 (S1) at $0.00000549, which the price is currently testing. This level is crucial as it has previously acted as a floor, preventing further downward movement. Resistance Level 1 (R1) at $0.0000219, which marks the recent high point and could serve as a strong resistance if the price attempts to recover. Resistance Level 2 (R2) at $0.00004567, representing the peak of the previous bullish spike. Technical Indicators: The MACD (Moving Average Convergence Divergence) shows a divergence below the signal line and is deeply negative, indicating strong bearish momentum. This suggests that the downward trend could continue unless there's a shift in market dynamics. The RSI (Relative Strength Index) is approaching the oversold region but has not yet breached the 30 level, suggesting that there might still be room for further downside before a potential reversal could occur. Conclusion: From my analysis, the SHIB/USDT pair currently presents a bearish outlook. The price testing the support at $0.00000549 is pivotal; a break below this could lead to further declines, potentially creating new lows. Conversely, should the asset stabilize and rebound off this support level, it could attempt to challenge the resistance levels above. Given the current negative MACD and approaching oversold RSI, traders should remain cautious and look for potential signs of reversal or consolidation at the support level. As always, keeping an eye on broader market sentiment and news that may affect SHIB's price is crucial for timely decision-making.
by MarsSignals
$SHIB support and green zone for buying long and refillI have been following CRYPTOCAP:SHIB for quite a long time, and it is in a very long downtrend. This chart is similar to the setups I have created for other coins; it highlights a great zone to refill your portfolio with a high probability of good performance. DYOR, check my other setups; they are all good and doing +30% with no leverage. Don't forget to take your profit and control your greed. Meme coins are not for holding long-term—make a profit, sell, and buy another one. We are in a CRYPTOCAP:BTC downtrend, so it's time to catch opportunities. In 2 months, the current prices will look very cheap. An entry at 0.000015 or less is a bargain. Then, just wait 2 months and sell at the top of the altseason.
Long
by CryptoNikkoid
Why I say SHIBA INCREASE is CLOSE We'll take a look at a few methods of chart analysis that ultimately says a Shiba Inu increase season is on the horizon. ✅ RSI The RSI has been fair to low for an extended period of time. We also observe a bottom out on the RSI where an all time low is observed for the year, likely indicating the bottom is in: ✅ V-Shape Recovery A strong V-Shaped recovery is observed in the 4h, indicating buyers were ready to scoop up lower prices: So what are we waiting for? 👉 Technical Indicator In order to send SHIB, we will first need to see the price close ABOVE the trendline, at which point a "BUY" alert will go off: What would invalidate my bullish sentiment, is IF the price is unable to et back above the trendline pointed out above on the technical indicator, and IF we lost the higher lows: _______________________________________ BINANCE:SHIBUSDT
Long
by CryptoCheck-
SHIB: Breakout or Consolidation?The trading volume is 88.414B SHIB, indicating significant market activity. Parabolic SAR indicates a potential bullish trend with the SAR at $0.00001652. The SMA is at $0.00001705, indicating that the current price is slightly above the moving average, which can be a bullish sign. The histogram value is 0.00000011, MACD line is -0.00000001, and the signal line is -0.00000012, indicating a neutral trend but showing signs of a potential bullish crossover. %K at 78.02 and %D at 82.52, indicating near overbought conditions. The RSI stands at 55.80, suggesting that SHIB is in a neutral zone with a slight bullish bias. Market Sentiment The market sentiment for SHIB appears cautiously optimistic. The MACD is showing signs of a potential bullish crossover, while the RSI and Stochastic Oscillator indicate neutral to near overbought conditions. Potential Market Scenarios Bullish Scenario: A decisive break above the dynamic resistance at $0.00001755 could lead to further upward movement, targeting higher resistance levels around $0.00001800. Bearish Scenario: If SHIB fails to break above the dynamic resistance, it could retest the support levels at $0.00001677 and $0.00001598. A break below $0.00001598 could signal further declines. When to Buy SHIB for Investment Current Situation: Given SHIB's current price at $0.00001723 and the technical indicators suggesting potential consolidation or a slight bullish trend, a cautious approach is warranted. Optimal Buying Strategy: Wait for a Breakout or Dip: Watch for a breakout above $0.00001755 for bullish confirmation or wait for a dip towards the solid support level at $0.00001598. Solid Support Level: If the price drops further, the solid support at $0.00001598 is a strong level to consider for investment. Historically, SHIB has found significant buying interest at this level, making it a safer entry point. Gradual Accumulation: Alternatively, adopting a dollar-cost averaging (DCA) strategy by buying small amounts at regular intervals can mitigate the risk of market timing and take advantage of potential dips. Conclusion and Market Outlook SHIB is currently positioned with significant support and resistance levels to watch. While technical indicators suggest potential consolidation in the short term, the MACD showing signs of a bullish crossover and overall market activity suggest room for growth. Impact of Bitcoin: It's essential to note that Bitcoin (BTC) is currently at a crucial level. If BTC fails to surpass its all-time high and experiences a significant drop, it could negatively impact the broader cryptocurrency market, including SHIB. Monitoring BTC's price action is vital for understanding potential risks to SHIB's price movements.
by MonoCoinSignal
SHIB/USDT Trading ScenarioAmid the overall negativity in the cryptocurrency market, SHIB has significantly dropped in price, falling from a local high of $0.00004605 to $0.00001272. This decline amounts to more than 70%. The asset's price has nearly reached a range of global interest among participants, as confirmed by the volume profile. Currently, there is an attempt to recover the price and consolidate below the downward-sloping resistance level. We can anticipate a breakout of the downward-sloping resistance level, followed by consolidation above it and further price growth. The resistance level may be at $0.00002963. However, the possibility of continued price decline should not be ruled out, with a potential drop to the Point of Control (POC) at $0.00001032 and a subsequent bounce from that level.
by Rick_SimpleSwap
Shiba Inu (SHIB) price predictionShiba Inu (SHIB) managed to climb past a short-term range and has gained 15% since the low it posted on Friday the 12th of July. In doing so, it has outperformed Pepe (PEPE) in the short-term, and its on-chain metricssignaled that more gains were likely. The week’s trend sometimes gets established on Mondays. What is the SHIB price prediction, and should traders anticipate a strong bullish run soon? The recent report highlighted the short-term bullish metrics of SHIB and how they generated a buy signal. On the 12-hour chart, a session close above the range highs at $0.000017 has occurred. The Awesome Oscillator also noted a bullish crossover and was rising higher to reflect the growing upward momentum. The CMF has been above +0.04 over the past week, a sign that buying pressure was consistent. This concerted effort has begun to pay dividends. To the north, the $0.00002-$0.000021 supply zone was the immediate bullish target. The higher timeframe charts such as daily and weekly showed that the memecoin has not bucked the gradual downtrend it has been on since April. The liquidations chart showed short positions liquidated in the late hours of Sunday, which should fuel further price hikes. Overall, the wider market disbelief might be turned into FOMO if Shiba Inu continues to climb.
Long
by paul_endeo
SHIB looks bearishFrom where we placed the red arrow on the chart, SHIB has entered correction. Considering the time of the waves and the price range, the correction seems to be a diametric. The price is expected to reject downwards from the red range. The targets are clear on the chart. Closing a daily candle above 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
3
SHIBUSDT.1DIn my technical analysis of the SHIB/USDT daily chart on Binance, I focus on the trend behaviors and key indicators that could provide insights into future price actions. The chart reveals a volatile journey for SHIB/USDT, particularly noticeable in the sharp spike and subsequent fall during early 2024, characterized by point A on the chart. This volatility has since tapered into a descending triangle pattern, indicating a potential continuation or reversal could be forthcoming. Firstly, let's consider the support (S1) and resistance levels (R1, R2). Currently, the price has stabilized near a critical support level (S1) at approximately $0.00000853. This level is crucial as it has historically acted as both support and resistance, suggesting a strong psychological price point for traders. Resistance levels are identified at $0.00002019 for R1 and higher at $0.00004567 for R2. Overcoming these levels would require significant bullish momentum, likely driven by broader market trends or specific catalysts affecting SHIB. The Relative Strength Index (RSI) is near the 50 mark, indicating neither overbought nor oversold conditions. This neutrality suggests a potential for either movement direction, depending heavily on market sentiment and upcoming news or events that could sway investor behavior. The MACD, while currently below the signal line, shows signs of converging. A crossover above the signal line could be a bullish indicator, suggesting an increase in upward momentum. However, the histogram reflects minimal momentum in either direction, reinforcing the current market uncertainty. Given this analysis, the immediate strategy would be to watch for a decisive break either above R1 or below S1. A break above R1 could suggest a potential trend reversal, targeting further resistance at R2. Conversely, a fall below S1 could confirm the continuation of the bearish trend, potentially leading to new lows. In conclusion, my focus will remain on these critical thresholds (S1 and R1), monitoring for significant price movements that could indicate a larger trend change. The balance between observing technical signals and staying informed on market-wide influences will be essential in navigating SHIB/USDT’s future movements effectively.
Long
by MarsSignals
SHIB RocketsSHIB is exhibiting strong bullish momentum, with recent price action reflecting a rapid ascent. Key indicators point to robust buying pressure, but significant resistance levels could test the strength of this uptrend. Technical Insights 1. Support and Resistance Levels: • Immediate Support: SHIB has strong local support around $0.00001550. Maintaining above this level is critical for continued upward movement. • Immediate Resistance: The price is approaching solid resistance at $0.00001625. This level could push the price back for a while before any further gains. • Solid Support: If a pullback occurs, solid support lies at $0.00001450, which could act as a foundation for another rally. 2. Momentum Indicators: • Stochastic Oscillator: Both %K and %D lines are in the overbought territory, suggesting that a pullback or consolidation might be imminent before the next upward move. • Relative Strength Index (RSI): The RSI is above 70, indicating overbought conditions. This could lead to a short-term correction or consolidation period. 3. Moving Average Convergence Divergence (MACD): • The MACD is positive, with a bullish histogram, indicating continued upward momentum. However, the market may see some short-term fluctuations. Most Probable Market Scenarios 1. Bullish Continuation: • If SHIB can break and hold above the immediate resistance at $0.00001625, the next target could be higher resistance levels, potentially around $0.00001800. • Sustained buying pressure and high trading volumes would support this scenario. 2. Pullback and Consolidation: • Given the overbought conditions indicated by both the RSI and Stochastic Oscillator, a pullback to around $0.00001550 or even $0.00001450 could occur. This would provide a healthier base for future gains. • Maintaining above these support levels is crucial for preserving the bullish outlook. Outlook SHIB is in a strong uptrend with bullish momentum. Traders should watch for potential pullbacks to key support levels, which could present buying opportunities. Breaking through the $0.00001625 resistance will be pivotal for continued upward momentum towards higher targets. Summary: • Short-term: Bullish but watch for potential pullbacks due to overbought conditions. • Mid-term: Holding above $0.00001550 support is key; breaking above $0.00001625 could target $0.00001800. • Long-term: Sustained bullish momentum depends on overcoming significant resistance levels and maintaining high RSI.
by MonoCoinSignal
SHIBUSDT.1DUpon analyzing the daily chart for SHIB/USDT, I have identified several critical elements that provide insight into the current market condition and potential future price movements. Technical Analysis Observations: Support and Resistance Levels (S1, R1, R2): Support Level 1 (S1): At approximately $0.00001057, this level has been a significant support zone. It marks a crucial floor that, if breached, could signal further declines. Resistance Level 1 (R1): Positioned at $0.00002019, this is the immediate resistance level. A break above this could indicate the start of a bullish correction. Resistance Level 2 (R2): Located at $0.00003000, this higher resistance level would be a more extended bullish target. Trend Indicators: The descending trendline marked by R1 and R2 highlights the overall bearish trend. A break above this trendline would be a strong indicator of a potential trend reversal. The recent price action shows the price testing lower support levels, indicating persistent selling pressure. RSI (Relative Strength Index): The RSI is currently at 39.62, suggesting that while the asset is not in the oversold territory, it is approaching levels where a reversal could be expected if buyers step in. MACD (Moving Average Convergence Divergence): The MACD lines are below the signal line, and the histogram is negative, indicating ongoing bearish momentum. However, the MACD lines are flattening, which could suggest a potential reduction in bearish momentum and an upcoming crossover. Conclusion: The SHIB/USDT pair is at a critical juncture, testing significant support at $0.00001057. The RSI nearing oversold levels and the flattening MACD suggest the possibility of a short-term rebound. However, the prevailing bearish trend underlined by the descending trendline and MACD requires caution. For trading strategies, one could wait for a confirmation of reversal signals, such as a bullish RSI divergence or a MACD crossover. A break above the immediate resistance at $0.00002019 would provide a stronger confirmation for a bullish reversal, targeting $0.00003000. Conversely, a break below the support at $0.00001057 would indicate further downside, necessitating close monitoring for new support levels. Implementing risk management strategies, such as setting stop-loss orders just below the support levels and taking profits near resistance levels, is crucial in managing potential risks and optimizing gains in such a volatile market. Monitoring external market factors and news that could influence price action is also essential.
by MarsSignals
Potential Bullish Reversal for SHIB Shiba InuIf you haven`t bought SHIB before the breakout: Nor sold the top: Now upon analyzing the chart pattern of SHIB Shiba Inu, it appears that a falling wedge formation is currently in play. This pattern is characterized by converging trendlines sloping downward, with a series of lower highs and lower lows. In technical analysis, a falling wedge is typically interpreted as a bullish reversal pattern. The falling wedge on SHIB suggests that despite recent declines, there is potential for a bullish breakout. As prices continue to oscillate between narrowing support and resistance levels within the wedge, there is anticipation among traders and investors for a potential upward movement. This pattern often signals a gradual weakening of selling pressure and a potential shift towards buyers gaining control.
Long
by TopgOptions