In the last 24 hours, Shiba Inu (SHIB) seems to have dropped another bomb on its investors. It was a huge upset for the investors that have positive sentiments about the meme coin. Shiba Inu Suffers a 6.4% Drop Shiba Inu has been losing its value for a long time and things have not changed…
A new report shows the Dogecoin competitor, Shiba Inu, primed for massive declines this year, as most market players indicate ‘sell.’ Finder, a blockchain data platform, revealed that 73% of surveyed panelists supported the narrative that investors need to sell Shiba Inu. Finder interviewed 36 financial technology experts in April. The general narrative is that…
Shina Inu could erase the 36% rally that followed the Robinhood listing. The downward move pushes the meme coin into the demand zone of $0.0000219 – $0.0000246, suggesting a potential bullish impulse in the up-and-coming sessions. A 24hr candle close beneath $0.0000211 will cancel SHIB’s bullish thesis. Shiba Inu sees intensifying consolidation as the Dogecoin…
Buyers shifted the trend to their favor as Shiba Inu climbed higher from the January lows. For now, sellers appear to build tension around the resistance zone at $0.024. (We will multiply SHIB’s prices by 1000 to ensure concision). A decisive close beneath the long-term Point of Control (liquidity range) would see the DOGE competitor…
Bitcoin sentiment analysis shows improvement from extreme fear to neutral within the previous month. Moreover, Bitcoin’s correlations with other crypto improved during the timeframe. That way, ADA, SHIB, and BNB highlighted bullishness on their respective short-term technicals. However, the overall directional bias requires improvements to support sturdy upside rallies. Cardano (ADA) Cardano experienced a move…
Shiba Inu and Dogecoin saw bullish moves during the weekend, with SHIB gaining approximately 8.20% over the past day. The leading meme coins led gainers after trailing broad markets amid Friday sessions. SHIB and DOGE overpowering their 100-day exponential moving averages had vital technical indicators turning bullish. Dogecoin and Shiba Inu displayed bullish motions on…
SHIB price action remains within the broad triangle with $0.00002100 support and $0.00002700 topside level. The alt sees knee-jerk recovery as peaceful negotiations between Ukraine and Russia suggest a potential relief for the markets. Expect a near-term return to $0.00002400 by SHIB, eyeing an upward aim at $0.00002600, suggesting 11% gains. Shiba Inu (SHIB) price…
The canine-themed token Shiba Inu sees a retracement following an impressive upward rally over the past week. The alt faces a crucial support zone. Will the barrier hold? Vital Support zone – $0.000028. Vital resistance zone – $0.000034. The past week saw Shiba Inu gaining more than 50% to touch the vital resistance zone around…
Shiba Inu was among the alts with impressive upswings since last week. With that, it challenged the Point of Control that provided the highest liquidity for almost three months. Moreover, VeChain and Binance Coin had short-term technicals projecting 1-sided bullish favoritism. Meanwhile, the trio indicated overbought RSI that may target to test immediate supports. Shiba…
SHIB consolidates beyond the $0.0000158 – $0.0000193 demand zone. Transaction data suggests SHIB is in a crucial support zone and might see a near-term downswing. Large investors’ absence shows the uptrend may be temporary. Shiba Inu (SHIB) sliced critical support barriers during its latest sudden fall, and the meme coin consolidates at the moment. For…
Shiba Inu shows signs of life amid positive developments following listing by Mexico’s leading crypto exchange Bitso. Nevertheless, SHIB enthusiasts should watch whether SHIB will keep the momentum or repeat actions seen after the Kraken listing. CoinDesk reports show Shiba Inu gained 16% today, Thursday. That comes after Bitso listing and Robinhood listing rumors. Indeed…
Despite a turbulent week in the intra trading market, Shiba Inu has lifted the spirits of members of the crypto community with some good news. The 12th largest crypto by market capitalization has announced an ambitious plan to build its metaverse. The popular meme currency’s team announced that they have hired William David Volk to…
