Shiba Inu / SHIB analysisShiba Inu price today is $0.000012 with a 24hour trading volume of 300 million dollar. SHIB price is up 45% since last month
SHIB is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. during the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. The price of SHIB has soared from as low as $0.000000000056 to an all time high of $0.000084, that is a 1500X times increase within 8 months. some call it Dogekiller too! welcome to crypto zoo!!
Shiba Inu lead developer Shytoshi Kusama hints at rising development activity as Shibarium Beta launch date comes near. but lets talk about the chart
most of charts looks the same and waiting for break out , I personally took profit and waiting to see can bulldogs break 0.000013 if yes then longing to 0.000014 make sense. if btc goes down then we can back to 0.00001
Shiba
SHIBA INU at a Critical Level (Daily to 30-Minute Time Frame)As requested by a follower, here’s the follow-up to my last chart. SHIB is now sitting at a critical 0.0000177 support level. Will it hold, or are we heading lower to 0.00001666?
Key Levels to Watch:
Support: 0.0000177
Bearish Target: 0.00001666
Current Trend:
If buyers hold 0.0000177, we could see a rebound toward higher levels.
If sellers increase pressure, expect a drop to 0.00001666 before any potential reversal.
What to Watch:
Monitor volume—bulls need to step in soon.
Keep an eye on the 30-minute chart for signs of a bounce or breakdown.
Appreciate your engagement. Let me know if this helps. Bullish or bearish, what’s your take?
MB Trader
Trade What you see
SHIBA INU SHIB possible BREAKOUT SOONChart Request on today's show
#shib with a Plan A / Plan B
best price would be to scaling into the trade
... add to entry in the Buy Zone ...
safer entry would be the
break of newly created resistance
(in the Buy Zone)
Market Cap 10.66B
MEME
Not Financial Advise - Entertainment Purpose Only
Always DYOR ( do your own research )
Shiba (SHIB) – Return to the Right Shoulder of a Head & ShoulderOn the 4H chart, Shiba shows a return to the right shoulder of a “Head & Shoulders” pattern. The price is near a significant resistance level. If this resistance is broken, the next target is at the upper resistance level.
Trading Scenario:
• Long: If the resistance is broken, aim for the next resistance level to take profits.
• Short: If the price is rejected at the resistance, a pullback to lower levels is possible.
SHIBA INU at Key Support: Will We See a Bounce or Breakdown?Evening Trading Family
Shiba Inu (SHIB) is at a pivotal moment as it hovers around a key support level. Traders are closely watching for the next big move.
Quick Overview:
Shiba Inu, one of the most popular meme coins, has seen significant growth and strong community support. Now, it's testing an important support zone, which could determine its next direction.
Upside Potential: A bounce from 0.0001764 could push SHIB toward 0.0001789, and if momentum builds, further gains up to 0.0001829 are possible, setting up for a potential breakout.
Downside Risk: If SHIB fails to hold support at this level, a move down toward 0.0001736 and possibly 0.0001701 could be on the horizon.
Be prepared for a high-volatility scenario as SHIB tests these crucial levels.
Happy Trading
MIndbloome Trader
shibusdt → a short positionhello guys!
I suppose Shiba hunted the last level!
it is a risky position but I will sit on the short position for this situation!
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SHIB/USDT Trading Scenario UpdateAfter a significant increase in February and reaching a local maximum of $0.00004575, the price declined to the $0.00001080 mark, which represented a drop of over 76%. As a result of this decline, the quote nearly reached the POC volume level at $0.00001032.
Near this level, a rebound was observed, followed by an attempt at recovery. From the perspective of Fibonacci levels, the current asset price is within a favorable range for purchases (between 1 and 0.75).
In this range, medium-term purchases can be considered with a target price of $0.00002746, which corresponds to the 0.5 Fibonacci level.
Shiba Inu | SHIB analysisThe price of Shiba Inu is $0 .0000 116 today with a 24hour trading volume of 355 million dollar. This represents a 3% price increase in the last 24 hours and a 7% price increase in the past 7 days.
Data from the Ethereum blockchain has revealed that the recently launched Koyo token project has moved forward with a major burn of the meme inspired cryptocurrency Shiba Inu , helping its burn rate skyrocket.
According to the data, first spotted by users on Twitter, Koyo burned an astounding 1.49 billion SHIB tokens in a transaction that helped the burn rate of the meme-inspired cryptocurrency surge over 30,000% in the last 24-hour period. this isn’t the first time Koyo has burned a large amount of SHIB, as earlier this year the project moved 1.1 billion tokens to a dead wallet as well. Koyo, which exclusively debuted on the ShibaSwap DEX last month, has aided Shiba Inu in diminishing its vast supply by 8.75 billion SHIB tokens through various transactions directed to “inferno” addresses since its inception. Shytoshi Kusama, SHIB’s lead developer, recently shared his thoughts on the relationship between Shiba Inu’s price and burns in a telegram chat. According to Kusama, the price of Shiba Inu cannot be influenced solely by burns.
In response, the Shiba Inu team has been focused on developing new technologies and utilities to foster SHIB adoption. Kusama believes that only through such efforts can Shiba Inu prices experience the significant increase that everyone desires.a massive SHIB whale has recently expanded its portfolio to nearly 5 trillion tokens after adding an additional 171.68 billion SHIB for around $1.88 million through four different transactions.notably, data from IntoTheBlock has shown that a significant portion of SHIB tokens are now in the hands of long-term investors, highlighting the growing allure of the token among those with an extended investment outlook.according to the firm’s data, holders who have retained their SHIB tokens for over a year cumulatively possess 687.17 trillion CRYPTOCAP:SHIB , valued at more than $7.20 billion. These long-term investors now command nearly 70% of Shiba Inu’s circulating supply.
Meanwhile cruisers or market participants who have held their Shiba Inu tokens for one to 12 months, account for 232.54 trillion CRYPTOCAP:SHIB , equating to over $2.43 billion in value. This group represents 23.65% of the token’s total supply.
Lastly traders or those who have maintained their SHIB holdings for less than a month, control 63.55 trillion SHIB, which amounts to over HKEX:650 million and constitutes less than 6.5% of the cryptocurrency’s overall supply. Meanwhile the beta test network for Shibarium is named PUPPYNET. As per the blockchain explorer BlockScout, currently (i.e., as of 8:37 a.m. UTC on April 15, the beta version of Shibarium has successfully executed more than 3,234,886 transactions. Data from this PUPPYNET explorer indicates that the number of wallet addresses utilizing Shibarium beta has reached 5,833,825. Presently, the gas fees are 1.01 Gwei, which is virtually cost-free. now lets talk about the price
shib army are ready for 0. 000012 , 0. 000013 and 0. 0000135
Can SHIBA have its 2020/21 DOGE moment??Shiba Inu (SHIBUSD) is making a strong bullish case this week as not only did it break above its 1W MA50 (blue trend-line) for the first time since mid-August but is also testing the Top of its 7-month Channel Down, all while being supported by the 1W MA200 (orange trend-line).
This Channel Down is, on the larger scale, nothing but a Bull Flag, the kind of pattern that precedes aggressive rallies and bullish extensions. In fact if we compare Shiba's Cycle since its October 2021 Top, we see strong similarities with Doge's (DOGEUSD) true expansion Cycle in 2018 - 2021, where it achieved its strongest recognition/ adoption. An (a) top led to a (b- f) Channel Down that priced the Cycle's bottom and after a 1W Golden Cross, it formed the Bull Flat that SHIB is in right now, which initiated its hyper aggressive parabolic rally to the Cycle Top.
As a result, being still below its 0.5 Fibonacci retracement level, Shiba is massively undervalued in cyclical terms and technically if the Bull Flag breaks to the upside, the rally that will follow can target the 1.5 Fibonacci extension at 0.00035, just like Dogecoin did in January 2021.
Do you think it will replicate this pattern or the market cap would be unrealistic?
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SHIBA looks to be finally gaining some ground!After three wedges failed to produce a breakout, and with price action continuing downward, creating a very defined price channel, SHIBA has, for the first time since forming the massive breakout flag pattern, broken out of the current wedge to the upside.
This could be a sign of good things to come!
Good luck, and always use a stop loss!
SHIBA INU: One of the Pioneering Tokens in the Meme Coin Market.Hello Traders,
Here’s an update on Shiba Inu on the weekly timeframe.
In the early years of meme coins, SHIB was one of the pioneering tokens that started the trend and remains a strong contender with a market cap of over $7.78 billion.
Currently, SHIB is in a downtrend, with the price nearing the support range of $0.00001076 to $0.0000120. SHIB must hold this support and rebound toward the resistance trendline.
Failure to hold this support could likely trigger a drop to the lower support level at $0.000007.
Spot Trade Setup for SHIB:
- Accumulation Range 1: $0.00001076 to $0.0000120
- Accumulation Range 2: $0.0000056 to $0.0000071
- Primary Resistance/Short-term Target: $0.000026 to $0.000033
- Long-term Target: $0.000089 to $0.00015
Note: This content is for educational purposes only and not financial advice. Please do your research and analysis before investing.
Trade safely.
Best regards,
Team Dexter
Shiba Inu: Long-Term Trading Outlook with Key LevelsAnalyzing Shiba Inu for potential long-term trading opportunities. The red and green lines on the chart highlight crucial zones where price most probably could react, offering insights for both bulls and bears. These levels may be the key to understanding where the market could head next. Curious about how these lines are drawn?
Feel free to drop your thoughts in the comments, and follow for more in-depth analysis!
Disclaimer: This is not financial advice. Always trade responsibly!
SHIB USDT - FRACTAL Shows Bullish Impulse NextMany altcoins are currently in Accumulation Phase and/or approaching great buy zones. This is the part of the cycle where there seems to be very little action, and the price moves in a range and sideways.
It's safe to say that we can expect sideways/range trading until BTC moves the market. In a previous update, I mentioned how it is crucial to watch not only BTC, but BTC.D and the TOTAL3 market for the next move:
The good news, is that this makes for an excellent time to BUY back into any market. The lowest risk option here would require some patience though, because the accumulation cycle often lasts month. Luckily - we are already a month in of mostly range trading.
Here's a look at another altcoin that's possible worth buying - RNDR, which is now approaching a great zone to buy-back :
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BINANCE:SHIBUSDT
Shiba FRACTAL : FEB 2024 - 330% in 2 WEEKSBINANCE:SHIBUSDT
Many altcoins are currently in Accumulation Phase. This is the part of the cycle where there seems to be very little action, and the price moves in a range and sideways. It's safe to say that we can expect sideways/range trading until BTC moves the market. In a previous update, I mentioned how BTC loves Decembers:
The good news, is that this makes for an excellent time to BUY back into any market. The lowest risk option here would require some patience though, because the accumulation cycle often lasts month. Luckily - we are already a month in of mostly range trading.
Here's a look at SHIBA's best buy zones in more detail, as well as other altcoins that are in or approaching the ideal buy zone:
4 to 1 Reward vs. Risk $500 SHIBA TRADE AT 20X.Shiba Inu is very popular in Japan, and with the economy spiraling into the depths of despair in Japan right now, it's only a matter of time before the Japanese people will be flooding into assets in an attempt to preserve their buying power. I think Shiba Inu will be one of the beneficiaries of this coming flight to safety.
Don't follow my trades; come up with your own ideas. Don't be a follower—be a trailblazer!
Good luck!
SHIBA INU will make some incredible gains in the coming months.SHIBA INU is going to make some incredible gains in the coming months. This coin is very popular in Japan, and as the Japanese Yen continues to lose value, the remaining buying power will seek after assets to preserve capital.
Watch SHIBA INU as a sign for what's coming to XRP, as XRP will follow.
Enjoy!
SHIB Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
SHIB is currently in a downtrend and is likely to fall further if the market faces another bearish scenario.
The price at $0.0000135 is currently hovering between support and resistance. The RSI is close to the oversold zone, indicating some room for further bearish movement.
A quick market reversal could change the outlook, but nothing can be confirmed at this time.
Key levels:
- Lower Support: $0.000006836
- Primary Resistance: $0.00001799
- Resistance Trendline: $0.000025
- Target: Previous all-time high
DYOR, NFA.
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