Shiba Inu price rally stalls at $0.0000030 – analysisDespite booking sizeable monthly timeframe gains, Shiba Inu’s price performance has lagged behind its rival memecoins including Dogecoin, PEPE and Solana-hosted BONK.
Dogecoin price was mainly driven by Trump’s confirmation of Elon Musk’s involvement in the incoming administration, the likes of PEPE and BONK have also lifted be recent listings on major exchanges including Robinhood and Coinbase.
SHIB has now stagnated around the $0.000025 level. On-chain data trends suggest this consolidation phase is at risk of further retracement. Since Shiba Inu price retraced from the monthly timeframe peak of $0.000030 on November 13, whale investors have dialed down demand considerably.
However, the $700 million decline in whale demand now puts SHIB at risk of further downswings.
In terms of short-term price projection, SHIB technical indicators are also signaling a potential pull-back towards $0.000023.
The Donchian Channels, calculated using the 20-day high and low, illustrate a tightening price range. SHIB’s price is currently hovering near the lower boundary of the channel, around $0.00002326. This suggests weakening bullish momentum as sellers test the lower end of this critical range.
A close below $0.000023 could trigger additional sell-offs, exposing SHIB to a retest of its next support at $0.000020, which aligns with the lower Donchian threshold from early November.
Given the weakening whale demand and bearish technical signals, Shiba Inu appears poised to test the $0.000022 support level in the coming days. If sellers breach this zone, SHIB risks falling further toward $0.000016, a key support level last tested in October.
Shibusdtanalysis
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
SHIB IS PRIMED FOR A MASSIVE 123% MOVE HIGHERCRYPTOCAP:SHIB
SHIB IS BREAKING OUT AND IT'S A BUY RIGHT NOW!
ITS A #HIGHFIVESETUP MEANING THE FOLLOWING:
1.) BULLISH uptrend on MACD (blue over orange
2.) BULLISH uptrend on RSI (higher lows)
3.) BULLISH uptrend on Stoch (red over yellow)
4.) We have a volume shelf with a volume gap
5.) Breakout on the symmetrical triangle pattern
Price Targets for this Weekly chart:
PT1: 0.000029584
PT2: 0.000044097
SHIBUSDT Is a Major Bullish Breakout About to Happen??Yello, Paradisers! Could #SHIBUSDT be on the brink of a massive bullish breakout? Let’s break it down.
💎#SHIB is showing promising signs of bullish momentum after successfully breaking out of a reversal pattern with a strong green candle. If SHIB can push through the key resistance level around 0.000021, we could see a clear confirmation of the bullish trend in the short term, potentially hitting our target at the next strong resistance level.
💎However, if SHIB struggles to break the resistance at 0.000021, there is still an opportunity to catch it on a retest of the support zone at 0.0000143. This area presents a high-probability buying opportunity, as the price could rebound and resume its upward trajectory.
💎But beware, if SHIB fails to hold the support at 0.0000143 and breaks below, this would signal a dangerous shift. A daily candle close below the support would confirm a bearish trend, leading to a potential fall back into the demand zone. At that point, the bullish scenario would be invalidated, and we’d be looking at a possible longer-term downtrend.
Remember, Paradisers, disciplined and patient trading is the key to long-term success.
MyCryptoParadise
iFeel the success🌴
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.
1000SHIB Gearing for a 30% rally!1000SHIB is gearing up for a potential 30% move. With the current price at the support level, SHIB is likely set up for a bounce back.
Entry: $0.0222 to CMP.
Stop Loss: $0.021.
Leverage: 3x to 5x.
Target: 15% to 30%.
Important note: Do not trade with high leverage; always use a stop loss.
Do your own research before investing.
Regards,
Team Dexter.
Is Shiba Inu (SHIB) poised for a comeback? | 4.06After increasing sharply last week, Shiba Inu (SHIB) turned bearish as its price started to drop. The price decline pushed SHIB towards a critical support level.
The memecoin’s price surged substantially on the 29th of May, allowing it to touch $0.00002924.
But SHIB couldn’t sustain the pump and fell victim to multiple price corrections. The analysis of the memecoin’s chart revealed that the recent price drop pushed its value to a critical support level of $0.00002437.
If SHIB fails to test the resistance and falls under it, then investors might witness the token drop to $0.000020.
On the other hand, a successful test of the support could kickstart a bull rally, which might result in SHIB touching $0.000029 in the coming days.
The technical indicator MACD’s data revealed that the bulls and the bears were in a battle to gain an advantage over each other. But the rest of the indicators suggested that the bulls might turn out to be victorious.
At the same time, the Chaikin Money Flow (CMF) registered an uptick, and the Relative Strength Index (RSI) also followed a similar trend, hinting at a successful test of the support.
WHITEBIT:SHIBUSDT
SHIBUSDT: Two Possible Areas for Swing Buy. Dear Traders,
We have two possible buying opportunites on SHIBUSDT price is currently accumulating and if price do not decide to manipulate then we can see strong price rebound from current price region. However, if price manipulate then we can see it going down to our second entry there we have imbalance zone which will filled and can see strong bullish rebound.
**Like and comment our ideas which will support us to bring you more educational ideas and our views on all financial instruments**
Team SetupsFX_
SHIB Shiba Inu Technical Analysis PLUS Risk Management ConceptsIn this video, we analyse a potential trade idea for Shiba Inu. We delve into the trend, examine price action, evaluate market structure, and identify a potential entry point based on favourable conditions outlined in the video. Additionally, I discuss my risk management strategy. Traders who lack a robust risk management plan expose themselves to high risk and often have negative trading experiences. It's crucial to incorporate sound risk management into your strategy, as we emphasize in the video. As always, please note that this information is strictly for educational purposes and should not be construed as financial advice.
SHIB (Shiba Inu) Technical Analysis#SHIB has decisively broken out of its extended sideways consolidation, signaling a strong bullish shift. This analysis examines how to capitalize on this momentum by employing price action strategies in the context of the current range breakout. We'll focus on reading price action to identify opportune entry points. Be mindful of expected volatility, and prioritize rigorous risk management practices.
Disclaimer: This analysis serves as a technical perspective and should not be interpreted as direct financial advice. Cryptocurrencies carry inherent risks. Always seek guidance from a qualified financial professional and thoroughly assess your individual risk profile before any investment decisions.
SHIB has a very good Investment opportunity Hi Everyone;
today we have a memes coin
it has more than 187 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
I don't recommend investing too much money in memes coins because of the High volatility.
Shiba Inu: Potential +95% from Wedge Breakout!Hello dear traders!
Your support means the world, so smash that like button to keep the motivation flowing! 💙💛
BINANCE:SHIBUSDT is breaking out of a Falling Wedge pattern! This breakout suggests a potential uptrend, and the token could hit key resistance levels on its way up, specifically at 1214, 1480, and 1773.
Now, about the Falling Wedge: it's a pattern on a price chart that typically indicates a reversal or bullish continuation. Imagine a wedge sloping downward, and BINANCE:SHIBUSDT breaking out of it is like a springboard for potential gains.
For safety measures, consider setting a stop loss below 800 . This step is all about protecting your investment. Also, think about using a lower-risk position size – it adds a layer of security to your overall strategy.
Here's to successful trading!
If you have any questions or need more insights, feel free to ask.
SHIB (Shiba Inu) Technical Analysis & Trade Idea (video)Further to my previous post I thought I would do a video to explain my thought process behind the trade idea.
SHIBA INU has been experiencing significant selling pressure, compromising its previous bullish trend and indicating a potential reversal. The 50% Fibonacci retracement level presents a logical entry point for a short position. As the market seeks liquidity, price action could target previous swing lows. Consider initiating a short position on #SHIB at the 50% Fibonacci retracement level with targets at previous swing lows, employing a strict stop-loss above the recent swing high.
Important Disclaimer: This analysis serves as a technical perspective and should not be treated as direct financial advice. Conduct your own thorough due diligence and implement sound risk management strategies before executing any trades.
SHIBA INU Technical Analysis and Trade Idea SHIBDelving into the dynamics of Shiba Inu, this video offers a keen analysis. While recent trends have favored a bullish run, the current scenario unveils a pivotal moment as SHIB encounters a significant resistance level. Throughout our discussion, we dissect the prevailing trend, intricate price actions, market structures, and explore potential trade concepts.
It's paramount to clarify that this video serves an educational purpose solely. Its insights are not intended as financial advice but rather as a guide through the intricacies of market analysis and trade strategies.