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Shiba Inu Coin Regains Momentum:Recovery Driven by Key MilestoneShiba Inu, the second-largest meme coin within the cryptocurrency ecosystem, has embarked on a remarkable price recovery this week, riding the wave of a broader surge in the crypto market. This resurgence comes in the wake of a significant development wherein the explorer Puppynet, the testnet for Shiba Inu's Layer 2 scaling solution, successfully completed a staggering 20 million transactions before being reset. This update has proven to be a pivotal moment, igniting a noteworthy 6.3% rally in the price of SHIB since June 19. Shiba Inu's price trajectory took a sharp downturn in response to the actions taken by the US Securities and Exchange Commission (SEC) on June 5. However, the coin has demonstrated a remarkable bounce-back this week. The revival of Shiba Inu can be attributed to an overall improvement in sentiment among crypto traders, who are becoming more positive and optimistic about the market. Additionally, the achievement of a significant milestone by Shibarium, the Layer 2 scaling solution, which prompted the reset of Puppynet after successfully facilitating over 20 million transactions, has acted as a bullish catalyst for Shiba Inu. As a result, the meme coin's price has experienced an upward trajectory since the event on June 19. Considering these recent developments, the Shiba Inu coin holds considerable potential as a speculative investment for inclusion in our portfolio once again.
COINBASE:SHIBUSDLong
by FOREXN1
13
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!
Long
by bryandowningqln
2
SHIB/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this SHIB/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Shiba Inu (SHIB) was one of Wednesday’s notable movers, as the meme coin rose by over 10% during the day. Following a low of 0.000009027 on Tuesday, SHIB/USD rallied to an intraday peak at 0.00001002 earlier in today’s session. This is the second straight price rise for SHIB, and it has pushed the coin to its highest level since Sunday. As a result of the surge in momentum, the 14–day relative strength index (RSI) has now collided with a ceiling of 66.00. the index is tracking at 65.67, with Shiba Inu also falling from its previous high. SHIB/USD is now trading at 0.000009749. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
Predicting the Future of Shibarium🥳BINANCE:SHIBUSDT - CRYPTOCAP:SHIB - COINBASE:SHIBUSD Month to month year to year chart. Hola shib fans - I had a question asked by one of my followers about Shibarium. From: ShibaArmy77 "@Grandmaster_Oz I know this is a silly question that no-one can be 100% certain of... Do you think when the Shibarium gets launched, can Shiba potentially eat 2-ZEROES? I know there's not a definite answer, just wanted to hear your thought on it and see if there is a potential?" Good question! Short answer : Anything is possible, such as - if dead companies like blockbusters that's been Bankrupted and liquidated can comeback from the dead and have a market price higher than Elon Musk's favorite crypto the dodge coin. 😏See what I did there. Then it's possible for Shibainu to see heights such as removing a few zeros, in fact I'm begging it to - please do so, I want to retire at 40 years of age. But sadly you come asking for a real prediction and yes it is possible for it to even see $0.01, but we would require a rally for that to happen. So the long answer is : not really possible not at this very moment. Shibarium is launching at the right time yes - as the market for shib from this month currently - till July of 2024 is in an up trend / wave - which can aid the potential rise of shib to newer heights - but there are a lot of unwanted factors in the way, for example: ---------------------------------------- Public/ market interest The fact we are supported by Ethereum - but that's not much of a issue if we can rally up-word and give shib a backbone of it's own. Government regulations breathing down our necks. An Lastly The flow of the economy ------------------------------------------ What can fix or remedy these issues are: large rallies in wave succession Whales looking for greater gains at such low prices. High public interest More reward than risk less panic sellers less impatient investors ready to sell less impatient whales that like to sell And lastly Removal of day traders - like myself. 😩(Yeah I'm contributing to the problem, but who wants to watch it crash when you can have greater returns.) (Sorry in advance) ----------------------------------------- But this is just the tip of the iceberg we call Shib with the support of Shibarium. Your other issue is the path it takes. With the right path it will rise over time, the wrong path with no support will result in Shib crashing to it's original state it was suppose to be in the market. It's mostly people selling to make it rich and forcing the wave to start collapsing, and once it starts it's not stopping. So that is the cause but really it's a lot of factors, mostly timing and the willingness to buy. Get a single rally to make a powerful wave up to 0.00008000 or more, it'll fall within a week because of lack of support - new buyers panic selling and everyone wondering why the hell is it crashing and rushing to blame the value of the shib market for it's weakness. But in reality we are riding in waves, and some waves are high others are low and when there low even with a rally it will fall back regardless of how you feel about the coin. Trick is you need more than one rally to force it to move up and keep it in place or else it continues to fall back down, it's always wanting to go down, that's the stock market in general. And lets not forget about the crypto depression that can take you from 0.00008000 to 0.00000700 in a matter of 2 weeks. That's what happen in 2021. So the best path to take is the slow and steady path, that's creating new peak points and gaining support to stop the lows from getting any lower. Even with cryptos like Bitcoin for example and their limited supply - the price is still going down because they are in a down wave and the holders don't even know it or care to hear about it. --------------------------------------- So in conclusion do I think Shibarium will help Shib lose a few zero? Yes, it will but highly unlikely to happen at this very moment maybe in a year or so - but you never know till you Hold and watch the ride. --------------------------------------- Just be happy we have something that doesn't go bankrupt like the stock market does with companies that enjoy doing negative splits and charging you 50 bucks for your 1 share/ half a share, blasted thieves. Yeah sorry past events on E-trade popped in my mind, more like nightmares really. Any-who hope this helps.
by Grandmaster_Oz
4
SHIBA INU what is next? 📖💡Hello 🐋 Based on the chart the price is in the ascending channel and become close to the channel support and support area we can suppose it as a retest to these support levels and more correction to the downside is the first and logical scenario ✔️ beside we expect to see gain and pump from our first support level 📚✔️ if we lose our first support level we can see more range candlesticks between our daily support area and support level for many weeks and more gain from our great daily support area 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
by MadWhale
6
Shib🐶 End of year 2023 update will it hit $0.01After the rally due to the recent announcement that of a possible Price Boost From Binance ‘Loans’ A lot has changed this outcome and possible support for the future, the question still remains Will Shib see $0.01? I can't fully answer that question but the likelihood of it is high. Be warned, however; there is no telling when and if it will, the gold bars are just idea areas where it might go if shib see's major support in the coming months so take it with a grain of salt. BINANCE:SHIBUSDT COINBASE:SHIBUSD CRYPTOCAP:SHIB
by Grandmaster_Oz
2
Trading Lesson 👨‍💻#1 - Never buy At the peak high.Not worth it I tell you. Never buy at the peak high. Always buy at the peak low. When ever you see a peak in the day of trading and you had a major rise in price due to things such as rallies or market seasonal up trends, or 🐳 it's moving up and you don't want to miss it. However; you buy in on the rush up-word believing it's safe to assume things will be greater tomorrow, so you wait to see this awesome rally to the top to make it rich. The day closes and the reopens, with a rise and then sudden fall in the crypto market - all that hype only to be disappointed when you notice somethings off; your funds are 💸floating away in mere moments. So naturally you panic believing that you are in a complete crash - and assume it's the fault of the stock you purchased, but more over it was the fault of the bad call - with bad timing, so you panic sell thinking it will only get worse, and in some cases it does get worse but in others cases that sell you just made would be a mistake in judgement as the price goes back up from where you sold leaving you behind with the lost funds to ponder over. This is what I call "fools gold" Never buy at the peak on after a closing day. reason being you may on the next day after a rally up-word, you notice the price move up higher for like a moment prompting you to buy, thinking that the rally is still going, however; not realizing that was the last call before the fall. So the best thing to do in these type of situations is to: _______________________ Don't Buy In Safer to study your target market before you buy and wait for the closing day, so that it can either adjust the price to where it really is vs where it currently is. if it drops wait till the closing day again until you feel you have the best price to turn a profit. Note - pay attention for market trends it could be going up which is good or falling down which is still good for you because you didn't lose any money, so best to study before you buy on a hype. _______________________ Hold Wait until the next closing day to see where it might lead - this will keep your shares you already purchased and if you need to add more funds to regain what you lost when the price is lower than expected, it will likely turn what was a lost to a gain when the price returns to where you originally purchased. _______________________ Sell The worse thing you can do is Sell unless you can catch the drop in price before it takes too much profit to recover from, you will likely try again losing more money and again, and again, and again - creating what is known as panic buying and selling, if you had deep pockets it might cause the market to completely drop based off the factor of you panic selling, no need to do so you have a day to find out where the market for your crypto is headed before you sell, so best to work fast or lose more funds wasting time. Focus and don't risk what you are not willing to lose, and for your own sake if you are a panic seller, never day trade, you'll lose more money that way. _______________________ Best Tools to use Notice the market trends on the charts before you buy, was it going up throughout a one month process if so then it's a likelihood it's in a seasonal high, it's sometimes hard to tell if it's moving up or down just by looking at charts, so you will definitely need proper indicators to help identify your next move. Indicators like: Volume to price or trend activity Not chart savvy, then find a predictor of your current crypto you purchased. Look for people on places like trading view who have the tools and or knowledge to tell you the trading trends - note not all of them are accurate - not even some websites that offer predictions for your favorite stock or crypto are accurate either, they are usually 40% accurate 60% inaccurate and 99% bias. That's just my opinion - however; they can not predict Rallies - Whaling activity - or - the entire stock market fallout/rise - anything can happen so be prepared it can take months if not years to recover or it could take a few weeks if you know what the future may bring. But remember: Don't try to buy in at the tip of a peak. It's guaranteed to drop instantly the next trading day. Hope this helps. Happy trading. CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD CRYPTOCAP:ETH BINANCE:ETHUSDT CRYPTOCAP:SHIB BINANCE:SHIBUSDT COINBASE:SHIBUSD #CRYPTO #ALTCOIN #EVERYCOIN #RALLIES-WE-LOVE-THEM #HELP-WITH-A-RALLY #NEED-WHALE-SUPPORT #STOP-THE-DIP
COINBASE:SHIBUSDEducation
by Grandmaster_Oz
Shib Prediction for August 2023This is a weekly chart of the possible path shib may take leading to the end of August 2023 after the recent rally. This is to help those that are wondering where it may go even on times of downturns so there won't be any worry or need to panic sell when it drops in price, note this is not 100% and can change depending on the situation. As Shib long as it has support it has a chance to go higher than what you see here. If we can gain a rally then we can gain higher returns. CRYPTOCAP:SHIB COINBASE:SHIBUSD BINANCE:SHIBUSDT
COINBASE:SHIBUSD
by Grandmaster_Oz
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. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me . 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 :)
Long
by ArashBanakar
3
Next period of volatility: Around August 6thHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (SHIBUSDT chart) The key is whether it can be supported in the 0.0000 0781 ~ 0.0000 0872 section and rise to around 0.0000 1279. Since the 0.0000 1279 point corresponds to the HA-High indicator point on the 1W chart, if it rises above 0.0000 0872, it is likely to rise to the vicinity of the 0.0000 1279 point, the HA-High indicator on the 1W chart. The next period of volatility is around August 6th. Since it currently sits near the HA-High indicator on the 1D chart, if it falls below 0.0000 0781, it is likely to touch the HA-Low indicator on the 1D chart. So, if it falls below 0.0000 0781, it is important to find support around 0.0000 0716. --------------------------------------------------------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
Awesome Oscillator for SHIB is Going Positive 🚀Brace yourself for some exciting developments in the world of SHIB! First things first, let's talk about the Awesome Oscillator for SHIB. Drumroll, please... it's going positively! 🎉 This positive momentum indicates a potential shift towards bullishness, and as a crypto enthusiast, you know what that means – opportunities for growth and potential profits! But wait, there's more! SHIB is making waves with its Awesome Oscillator, touching the 50 EMA (Exponential Moving Average) and approaching the 100 EMA. This is a promising sign, as it suggests that SHIB is gaining traction and could be on the verge of a significant upward movement. It would be best if you didn't miss out on this exciting development, so I strongly encourage you to add SHIB to your watchlist immediately. By keeping a close eye on its progress, you'll be ready to seize any potential opportunities that come your way. So, what are you waiting for? Please take a moment to add SHIB to your watchlist and keep a keen eye on its performance. Stay attentive to other favorable indicators, which could indicate an upcoming bullish trend. Remember, the crypto market is all about staying informed and being proactive. By staying ahead of the curve and monitoring the progress of promising cryptocurrencies like SHIB, you position yourself for potential profits and exciting trading opportunities.
Long
by bryandowningqln
SHIB/USD flat set 169 days (5.63 months) Average set priceLogarithm. Time frame 1 day. Secondary trend (part) set flat zone 5.63 months (169 days). The average price is 0.0000107. There is a local impulse of 18.4% inside the 982-1172 clamp to its resistance. Reversal zone. Perhaps under the hype of pumping DOGE (at the moment + 56% with similar clamping, they will pump it in the same way and the second is a speculative creation. Coin in coinmarketcap: SHIBA INU (SHIB) This is how this zone looks on the candlestick chart. Locally, this pivot zone is an exit from accumulation. Main trend Terms 1 week. Linear for clarity. If we do not break through this zone, the DOGE hype does not gain momentum, the whole market and the world as a whole are in sadness, as we see, there is room to fall. In work, limit losses, protect profits and immediately distribute your position in the buy / sell zone. Don't be greedy. On such coins with such liquidity and hype, the pumps are impulsive, including false breakouts by a large percentage. Use it to make money. At the moment, unlike DOGE, there is no significant buyer volume.
by SpartaBTC
70
SHIBUSDT RejectedShiba Inu (SHIB) recorded its lowest historical price (ATL) a few days ago on the Binance chart. This downward trend began with a break of the descending trendline, and today the price retested that trendline with forceful rejection, causing a price drop. In my opinion, Shiba Inu may find support within this price range and break the descending trendline again. However, the current market trend doesn't seem particularly promising. The best course of action would be to wait for price stabilization and the breaking of resistances. The main resistance is indicated by the yellow color on the chart, which was previously a historical support but has now become a strong resistance.
by Madoir
Navigating the Waves: A SHIB AnalysisThe dynamic world of cryptocurrency is full of surprises and SHIBA INU (SHIB) is no exception. Looking at the one-hour time frame chart, the zero Fibonacci level stands at 0.00000700. When shifting our view to the four-hour time frame, Fibonacci level of 1.618 reads 0.00000726, followed by the 2.618 level at 0.00000777. This higher Fibonacci level appears to present a firm resistance point. With the Bollinger Bands, the upper limit is at 0.00000747, the middle at 0.00000709, and the lower boundary at 0.00000671. The stochastic oscillator and RSI sit at 79 and 76 respectively, suggesting a potentially overbought market. The On Balance Volume (OBV) stands at a staggering 316 trillion, while the Moving Average Convergence Divergence (MACD) clocks in at 0.00000613. At the time of this analysis, SHIBA INU trades at 0.00000742, reflecting a 24-hour price change of approximately 8%. Looking at these indicators, the short-term outlook for SHIBA INU (SHIB) seems bullish. The market price surpassing the middle Bollinger Band and a robust OBV suggest a strong buying pressure. However, the high RSI warns of an overbought market and a potential pullback. Even though such conditions often lead to a minor price drop, this is generally a natural part of a bullish trend and doesn't necessarily signal a market downturn. Nevertheless, given the inherent volatility of cryptocurrencies, this interpretation is based on current data and might change with incoming market news, major financial events, or changes in market sentiment. Crypto trading is as much about risk management as it is about seizing opportunities. The market can remain irrational longer than a trader can stay solvent. Consistent profitability isn't about making the right call on every single trade; instead, it’s about making informed decisions over time. As traders, we must stay vigilant, keep adjusting our strategies according to market behavior, and always trade responsibly.
by ShawnMCR
1
SHIB Shiba Inu Whales are Selling !If you haven`t bought SHIB here: Or sold it here: Then you should know that another notable transaction was reported on June 9 by Blockchain tracker Whale Alert, involving the transfer of 4 trillion Shiba Inu tokens to Binance. This transfer, worth $31.7 million, incurred a minimal fee of only $1.78 before the price of Shiba Inu experienced a decline. Following the transaction, there have been various reactions from market participants, with some highlighting that it resulted in a 1% increase in Shiba Inu's circulating supply to 578.9 trillion tokens. It appears that whales are engaging in selling activities. My price Target for SHIB is $0.00000500. Looking forward to read your opinion about it!
Short
by TopgOptions
3