Shiba Inu at Crossroads: What is the Future of the Memecoin?
Shiba Inu (SHIB) and other meme coins embarked on a rollercoaster ride in October. The crypto market saw SHIB’s value surge significantly as Bitcoin hit a new milestone at $35,000 before retracing to $34,000.
This surge ignited a sense of urgency among investors, leading them to secure their positions in anticipation of the bull run swiftly. However, as November unfolds, the pivotal question looming over the market is whether these gains can maintain momentum.
Shiba Inu Recent Price Movement
Shiba Inu came close to initiating a fresh recovery phase, aiming to break through the $0.000008 resistance level. However, profit-taking and a potential lack of buyers resulted in a minor pullback.
SHIB currently trades at $0.00000779, reflecting a 2.3% dip in the past 24 hours and a 1.1% loss over the last seven days. The meme coin market is known for its rapid and unpredictable price fluctuations.
Meanwhile, large volume holders, often called “whales,” have made significant moves in the SHIB market this week. Whale Alert reported a transfer of SHIB tokens worth about $35 million from an unknown wallet to another undisclosed destination.
Are the Whales Making Waves?
In another development, approximately 4.46 trillion SHIB tokens ($33.9 million) were transferred from the Bitvavo exchange to an unknown wallet. Investors are now pondering the potential price impact of these whale movements.
While it’s challenging to predict how these transfers will influence the market, they add an element of intrigue to Shiba Inu’s future. Whale activity can sometimes lead to increased market volatility, so it’s wise to monitor SHIB’s performance closely.
Furthermore, well-known trader and analyst Rekt Capital suggests that the bear market is a distant memory, and a full-fledged BTC bull market is on the horizon. This optimism could provide momentum for meme coins like Shiba Inu.
Shiba Inu’s remarkable journey in October, along with the broader meme coin movement, has garnered global investor attention. While the meme coin market is characterised by its inherent volatility, it continues to be an exciting space for those seeking high-risk, high-reward opportunities.
Shibausdt
SHIBAUSDT.PHi every one. I come back to share my idea with U.
Shiba has a nice scenario in my opinion. If Shiba let us to join in short potion let's dive on it, surly it has a nice profit if not let's have a long position , I note my advice below :
1) Short position
🔻 Sell Shiba
📌Entry: 0.007185
🚫 SL: 0.007345
🚫 TP: 0.006920
1) Long position
🔻 Buy Shiba
📌Entry: 0.006930
🚫 SL: 0.006750
🚫 TP: 0.007193
BE CLEVER AND CHOOSE YOUR SIDE THEN TRADE THE ADVICE .
If u want to have more our private idea text us.
Biggest Mover: SHIBA INU
Shiba inu (SHIB) was a notable mover on Wednesday, as the meme coin fell for a second consecutive day. Following a high of $0.000006945 during yesterday’s session, SHIB/USD slipped to an intraday low at $0.000006842 earlier today.
The move saw SHIB drop towards a key support level of $0.00000670, which was last hit on October 12. This decline comes as the relative strength index (RSI) collided with a floor of its own, at the 39.00 zone. Wednesday’s sell-off comes after shiba inu rose to one week high of $0.00000729 on Monday.
SHIB/USDSHIB/USD Weekly EWT Ending Diagonal ?
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Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
📈Rest in peace Shiba Inu📉BINANCE:SHIBUSDT
COINBASE:SHIBUSD
Hello dear traders. After losing the lovely Shiba Inu dog, I hope the price of this token will return to its previous level
I personally liked this dog very much
In the next few days, SHIBUSDT is expected to stabilize between the yellow areas.
If the price breaks below the mentioned areas, the price will drop to the level of 0.0000065 (probably price receive support here) and then 0.0000059.
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✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
SHIB Shiba Inu Price Tgt | Binance vs SEC Lawsuit|Whales DumpingIf you haven`t bought SHIB here, before it went parabolic:
Then you need to know that Binance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws.
The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community.
Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative guidance from Congress. The original lawsuit, filed in June, accused Binance of unlawfully listing unregistered securities.
Historically, the actions of whales have been instrumental in shaping the price movements of Bitcoin and the broader cryptocurrency market.
Non-whale addresses, those holding less than 100 BTC, now account for over 41% of the total Bitcoin supply. Meanwhile, whales, entities holding between 100 and 100,000 BTC, have witnessed a decline in their collective holdings to 55.5%, marking their lowest ownership level since May.
The decrease in whale holdings could signal a potential change in the market's dynamics, potentially leading to increased volatility and uncertainty.
These developments collectively cast a shadow over the cryptocurrency market's near-term prospects.
In this context, my price target for SHIB Shiba Inu is $0.00000670.
Looking forward to read your opinion about it!
ATMUSDT potential bullish momentumThe recent price movement of ATMUSDT suggests potential bullish momentum. At the current price of $2.480, several indicators indicate an upward trend for this cryptocurrency:
1. Moving Averages: One commonly used indicator in technical analysis is the moving average. If the short-term moving average (e.g., 50-day) crosses above the long-term moving average (e.g., 200-day), it can be considered a bullish signal. This crossover may indicate that the trend is shifting upward.
2.Relative Strength Index (RSI): RSI is a momentum oscillator that measures the speed and change of price movements. An RSI above 70 suggests that an asset may be overbought, while an RSI below 30 suggests it may be oversold. If the RSI for ATMUSDT is trending upwards and approaching the overbought threshold, it can be seen as a bullish sign.
3.Volume Increasing trading volume can be an indication of growing interest and participation in the market. A surge in trading volume alongside a rising price often confirms a bullish trend.
4.Fundamental Developments:** It's crucial to consider any recent news or fundamental developments related to ATMUSDT. Positive news such as partnerships, adoption, or technological advancements can be strong drivers of price appreciation.
5.Support and Resistance Levels:** Analyzing key support and resistance levels on the price chart can provide insights into potential price movements. If ATMUSDT has broken through significant resistance levels and is holding above them, it may indicate a bullish breakout.
SHIB: Pullback in UptrendShiba Inu (SHIB) technical analysis:
Trade setup : Bullish breakout from Ascending Triangle was followed by a break above $0.000010 resistance and 200-day Moving Average, which confirmed a bullish trend reversal to Uptrend. Now, price is retesting that breakout level. Pullback to $0.000008 could be an attractive swing entry, with upside potential back to $0.000010.
Trend : Downtrend on Short-Term basis and Neutral on Medium- and Long-Term basis.
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
DUSK/USDT #DUSK/USDT has experienced a notable breakout, with prices rising consistently over a specific time frame. This breakout could signal a change in the market sentiment, potentially attracting more buyers.
Moving Averages:
The shorter-term moving averages (e.g., 20-day and 50-day) have crossed above the longer-term moving averages (e.g., 100-day and 200-day), forming a bullish crossover. This suggests that the short-term trend is gaining strength.
Relative Strength Index (RSI):
The RSI is in overbought territory (above 70), indicating strong buying pressure. While an overbought condition may lead to a pullback, it can also suggest significant upward momentum.
Volume Analysis:
Observe the trading volume during the bullish move. An increase in trading volume can confirm the strength of the trend.
Support and Resistance Levels:
Identify key support and resistance levels. Breakouts above resistance levels can indicate the potential for further gains.
Fundamental Analysis:
DUSK Developments:
Monitor recent developments within the DUSK ecosystem, such as protocol upgrades, partnerships, or adoption by new platforms. Positive developments can contribute to a bullish sentiment.
Market Sentiment:
Gauge market sentiment through social media channels, forums, and news outlets. Positive sentiment often aligns with upward price movements.
Cryptocurrency Market Trends:
Consider broader market trends. A favorable market environment can provide tailwinds for individual cryptocurrencies like DUSK.
SHIB Re-entry Opportunity: Seize the Potential!For those who may have overlooked the prior notifications, an opportunity has resurfaced to engage with SHIB once again.
Recent performance of SHIB has been notably positive, positioning it with the potential for a resurgence to the $0.011386 level.
Consideration for Re-entry: Within the range of $0.009728 to the current market price (CMP).
Assigned Stop Loss: $0.009409.
Projected Target: Aiming for gains between 10% to 15%.
Recommended Leverage: Optimal use of 5x to 10x.
Trade Category: Specifically tailored for futures trading.
Please be advised: I have conducted thorough research and analysis, fully acknowledging the inherent risks associated with leveraged trading. Prior to any investment, I urge you to conduct your own diligent research.
Best regards,
Team Dexter.
SHIB Giving Powerful Alert on Macro ! Like many other asset prices in crypto Shib has been forming a baseline for a while
This is a powerful structure that can create fierce movement either way. Look to bitcoin in 2018. Bitcoin did fall there then by roughly 50%. Value cut in half. This is potentially in play for many assets forming a baseline.
If the trend stays green then the move out of this can be up with strength
A move out of the base structure can be very volatile.We are looking in terms of this recent alert for price to stay above trendline less we need to exit position from fear of trend turning against us.. quickly.
When moves fail they can fail fast
Becareful in holding positions that are going against you when in such a base. These base breakouts or breakdowns can be very rapid. For certain strategies we want to ride the trend.
There are other strategies
We try build tools that suit for different strategies in different situations check out the links provided
See you soon
GeorgeOnTV
Shib August 2023 prediction update, Alien🛸Edition.BINANCE:SHIBUSDT
COINBASE:SHIBUSD
BINANCE:SHIBEUR
CRYPTOCAP:SHIB
Hola Shib fans I'm here to give you another rendition of my crazy wild predictions.
Preying I don't break the internet with this update.
Well there is good news and a little somewhat bad news, as we near closing on the day chart as of 8/14/2023.
Shib took a major lost and is at a potential to lose more without support in the coming weeks till August 21.
Note: It is salvageable but hard to do.
Shib still has a capping issue, it's a likelihood that it will fall to the 0.00000950's if support is not available by 8/16/2023, but hopefully that won't be the case, in fact I am counting on it to fall to give it more breathing room to make another big run to the 0.00001500 or more by Aug 21st due to Shibarium gaining support, but shib needs to be at the 0.00001200 by 8/16.
For now It'll need to rise and it may not go no higher which will allow the day chart to lower down well enough to make an additional capping space for shib to move up once more to the 0.00001400 locking shib in at that range and allow it to move higher.
There has been two mistakes made in the day chart back in Jan 2023 of this year.
Shib moved too high too fast an it forced itself to reach the market high day wall - these are based on the limited support or the amount purchased by rallies and whaling activity, without it - shib as no choice but to relieve itself of that pressure. So everytime shib made it to the peak of the daily chart.
Shib would lose a considerable amount of momentum and shib lose the overall support in rushing to the 0.00001800 range, and with the addition of low support or sell-offs - Shib slowly but surely crash back down to the 600 to 540 range of this year.
So sadly we maybe making the same mistake twice in one year.
Shib can never get above the 2000 mark - because Shib is always hitting an invisible wall forcing the crypto to crash back down to the lower 900 range and stealing a zero, like swimming in a frozen lake and you can't break the ice wall above you to breath.
So in conclusion
-
I blame 👽Aliens for this , - that's right 👽ALIENS - little green men, who came from crypto space and they wanna keep Shib down, they did it - they took our cows, they took our families, hell they even took our jobs, now they taking away shib success run with a market cap wall, that's where we shib-fans draw the line.
Set your auto-sell date Shib-fans cause this ain't over, not by a long shot!!
All jokes aside we can save this we just have to maintain the up run we have so far.
SHIB Sells Off After Big Coinbase Transfer: Time to Take Profit?Introduction:
The cryptocurrency market has witnessed significant volatility recently, with various altcoins experiencing substantial gains and sharp declines. SHIB has garnered considerable attention among these altcoins thanks to its impressive surge in value. However, recent events, particularly a significant transfer of SHIB tokens to Coinbase, have raised concerns among traders. This article aims to shed light on the situation and encourage readers to consider taking profit from their SHIB investments if they have not already done so.
The Coinbase Transfer and Its Impact:
In the second week of Aug, a substantial transfer of SHIB tokens was made to Coinbase, one of the leading cryptocurrency exchanges. This event immediately sparked speculation and concern within the crypto community. Such transfers to major exchanges often precede significant sell-offs as early investors and traders look to capitalize on their gains. Consequently, the SHIB market experienced a noticeable decline shortly after the transfer.
The Concerned Tone:
As a concerned trader, evaluating the potential risks associated with SHIB at this juncture is crucial. While the cryptocurrency's meteoric rise has undoubtedly been impressive, it is essential to remember that markets are inherently volatile and subject to swift changes. The recent Coinbase transfer is a stark reminder that no investment is immune to sudden market fluctuations.
Call-to-Action: Taking Profit from SHIB
Considering the recent events surrounding SHIB, it is prudent for traders to assess their positions and consider taking profit if they have not done so already. While it is tempting to hold on to an investment that has shown significant gains, minimizing potential losses and securing profits when appropriate is equally essential.
If you have not yet taken profit from your SHIB investment, now might be an opportune time to do so. By converting a portion of your holdings into a more stable asset or diversifying your portfolio, you can mitigate potential risks and protect your overall investment strategy.
Remember, making a profit is personal, and conducting thorough research and consulting with financial advisors before making investment decisions is crucial. The cryptocurrency market is highly unpredictable, and it is always better to be cautious than caught off guard by sudden downturns.
Conclusion:
The recent sell-off of SHIB following a significant transfer to Coinbase has raised concerns among traders. While the cryptocurrency market continues to offer exciting opportunities, it is essential to remain vigilant and make informed decisions. If you have not yet taken profit from your SHIB investment, consider doing so to safeguard your gains and protect your overall investment strategy. Remember, the crypto market is highly volatile, and making a profit at the right time can be prudent.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always research and consult a professional financial advisor before making any investment decisions.
ITS A TIME TO SELL SHIBA COIN ?? SHIBA COIN PRICE ANALYSIS !!SHIB Coin Update & Possible Moves !!
• On 4h tf currently trading Now below From its resistance.
• MACD & RSI Look Over bought on 1D Tf + Creat Double top on 4h Tf. ( overall bearish signs )
• Possible price drop directly From Current Level or again touch its resistance and then drop. ( scenerio invalid if its break its resistance & sucessfully retest )
• Sell You bags if You are holding in spot wallet For short term & if you wanna take position in short then don't invest upto 1% with leverage under this choppy markete 😴
FOLLO ME FORE MORE ANALYSIS
Shiba Bullish Momentum Continues as Social Media Talk Spikes! 🚀
Today, I bring you fantastic news regarding our beloved Shiba Inu token (SHIB). The bullish momentum continues to soar, fueled by an unprecedented surge in social media discussions! 🐕📈
Over the past few days, the Shiba Inu community has been buzzing with enthusiasm and positive sentiment. We've witnessed an incredible spike in online conversations surrounding SHIB, reflecting a growing interest and confidence in its potential. It's truly exhilarating to see the power of our community and the impact it can have on our investments.
You might wonder, "What's driving this sudden surge in social media talk?" Well, my friends, it results from our collective efforts and unwavering commitment to SHIB. As a proud SHIB holder, each of you has contributed to this incredible momentum. So, let's keep the positive vibes flowing and continue to spread the word about our favorite token!
I want to take a moment to express my heartfelt gratitude to all of you for staying strong and holding onto your SHIB. Your unwavering belief in this project has been instrumental in fueling its growth. As we witness this bullish momentum, we must remember the long-term vision we share for SHIB. Together, we are building something remarkable!
Now, here comes the exciting part: the call to action! I encourage every one of you to continue holding onto your SHIB tokens. By staying invested, we are positioning ourselves for potentially massive returns in the future. Remember, patience and perseverance are key in the world of crypto. Let's ride this wave of bullish momentum together and see where it takes us! 🌊
Additionally, let's leverage the power of social media to amplify our message further. Share your positive experiences and insights about SHIB across various platforms.
Keep an eye on the latest news, updates, and developments surrounding SHIB. Stay informed and educated about market trends. Knowledge is power, and being well-informed will help us make the best investment decisions.
Remember, my fellow traders, we are part of an incredible journey with Shiba Inu. Let's continue to hold our SHIB with unwavering confidence and enthusiasm. The future is bright, and together, we will achieve remarkable returns!
SHIB Shiba Inu Falling Wedge PatternIf you haven`t bought SHIB here:
Shiba Inu (SHIB) is showing signs of a potential reversal after a falling wedge pattern, indicating a possible bullish upswing. This pattern suggests that the downward trend may be losing momentum, and a price recovery could be on the horizon.
Based on this analysis, your price target for SHIB is set at $0.00001100.
Looking forward to read your opinion about it.
SHIBUSDT, in accumulation phase and is getting ready🦬 UpdateHello guys, Everything is explained on the chart for you like always. Shiba has been in trade range and heavy accumulation after the decreasing phase, so the ascending phase will start soon. You can consider it and monitor the price's actions in the circles to enter or increase your Shiba tokens.
Good luck.
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Write your comment and opinion below to me
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Salam doostan aziz, hame chiz rooye chart moshakhas shode be dide sarmaye gozari boland modat baraye harkat soodi movaghate market. Shiba baad az ravande nozooli dar ye nahiye reng va anbasht sangin gharar dard va bezodi faaze so'odi ro shoro mikoneh. dar zaman rizeshe bazar raftar gheymat dar dayere ha ro rasad konid baraye vorode jadid ya ezafe kardan be Shiba hayetan. lotfan modiriyat sarmaye va hade zarar baraye har etefagh dar bazar ro ra'ayat konid.
moafagh bashid.
like va follow faramoosh nashe :)
shib long ideahello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Coin: SHIB-Buy/Long💚⬆️
Order-type: Limit
Entry: 0.00000789
Profit: 0.00001144 (44.99%)
Stop: 0.00000695 (11.91%)