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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!
Short
by TopgOptions
1
Why is Shib not moving🤔but the market shows signs of growth?Hola shib fans - Here today to answer a question from a follower, that question is: "What the he!! is going on with shib are we crash are we getting ready for a pump to the moon help I would like to know should I buy or not" Answer: Simply put we are in danger of heading to another perhaps hard crash in the coming days - currently we are consolidating prepping for what looks to be a pump to the 900 - 1000 giving shib it's first ever green september. However; it could be in fact a possible dump in the process of falling to the lower 650's. Reason: Well simply put - don't rely on the shib chart for answers to this question, sadly we need to view 3 different cryptos to know for certain, the main culprit is in fact BTC - but it is slowly trying to recover on the 4 hour chart but the day chart is likely moving to high to fast, and eventually will meet a unwelcome retreat back to the 25k or less, and in the process taking Shib inu with it. reason for it is: The Bitcoin network is experiencing the longest period of block fullness in history, data shows that there are currently more than 461,000 pending transactions, which means continued congestion on the Bitcoin network will further affect the confirmation of low-value transactions - this explains the current downtrend we've been experiencing even though BTC been getting a lot falling in its favor and still crash - So basically back orders finally build up like a blood clot - so no telling how many orders were sells or buys till it drops down to half that amount. And if you notice Shib has done this 8 times in the past 2 months before. It would look as tho it was progressing with high potential to break the barrier that keeping shib and other cryptos from rising. Only to slowly burn away without notice that it's burning. Like Methanol as an invisible fire you can't see it but it's happening. So the question is, is there a bull run on the horizon or are we still in bear country. Currently I can not give a full answer, some charts including Bitcoin are showing signs of wanting to break away from the lower levels, however, things are not as they seem as they are also showing signs of much lost of support in areas where support would be the needed currently to prevent further crashing to the Shib - 400 range. It's a possibility we may get the support but the real question is when? Should you Wait - Buy - Sell - Hold - at this point and time I would say buy but for a short sell or hold if you have sustained loses already, Shib maybe doing a slow burn so there will be gains to be made, but regardless you are at the lower 700's which is basically a safe zone for shib it may go lower but it always seem to return to the 700 mark if it does crash - which in my opinion is likely to happen soon. So make the best of it and buy more if it does indeed crash. But for now I will list my findings and show what paths we may be taking in the next few days to weeks. Be sure to Like follow and sub for more content like this. BITSTAMP:BTCUSD BINANCE:BTCUSDT BITSTAMP:ETHUSD BINANCE:ETHUSDT COINBASE:SHIBUSD BINANCE:SHIBUSDT
by Grandmaster_Oz
1
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Shiba Inu (SHIB) moved lower during today’s session, as the Bears ended a three-day winning streak. After peaking at 0.000007527 on Wednesday, SHIB/USD slipped to a bottom of 0.00000725 earlier in the day. The decline came as bulls were unable to move beyond a ceiling at 0.00000755, giving way to downward pressure in the process. it appears that the shift in momentum came after the relative strength index (RSI) failed to break a key ceiling. The index was unable to penetrate a resistance level of 43.00 and is now tracking at a reading of 40.09. Should the price continue to fall in the coming days, the landing spot could likely be a point of support at 0.00000710. 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
Is Shiba Inu Ready For The Take Off?Ascending triangle pattern formed in the 4-hour chart. A double-top pattern is seen in the daily chart. SHIB price has made a sharp V-shaped reversal from $0.00000695. There is hope for better market sentiments in October with the Bitcoin ETF decision. SHIB price faces resistance at $0.0000075 but remains supported at the current trendline. The MACD is bullish, while the RSI shows a bearish divergence. If SHIB breaks the $0.0000075 level, it might rise to $0.000010, but if the downtrend continues, it could drop to $0.00000695.
Long
by Coinpedia-Market-Insight
1
shib → another downward movementhello guys... as you can see the last higher high reacted to another level (get it as an engulf area) and then tried to break the ascending trendline (or we can consider it as an ascending channel), therefore success in breaking down! now I believe this coin wanna start another downward movement until the 0.61 fibo level at least! _____________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
9
Buy the deep bot. How it works?Hi, traders! Today I would like to talk about how we can accumulate our coins with algo trading. What is a Buy the deep bot? The BTD bot is your go-to tool for buying more coins at lower prices during market dips, helping you grow your coin collection and profit when the market rebounds. And now, with the newly improved BTD, starting your bot is as easy as clicking a button. Bitsgap has simplified the process for you, so all you need to do is click "start" and watch your investments work for you. It's helping you to hedge your risks and save quite a bit of money. BTD bot suits your preferences by working almost the same Grid pattern in the Spot market. Yet, it is considered Short due to better performance in a falling market, accumulating Base coins during their fall in price, moreover generating profit in Base. And this is exactly your strategy where it is pivotal to anticipate the market rebound in order to sell all earned coins later on This strategy enables you to purchase assets in smaller amounts at lower prices and then sell them all at once to close the trade at a profit. You can also explore more advanced techniques involving futures shorts or options. Interesting about this strategy? Write in the comment below what you think about it ! I always appreciate your likes and support. Let’s keep charting, traders!
Education
by Ingwina
2
Crypto Celebrating Winter Fest🥶 in the SummerSet your dates for the 13th and 20th of september as these next 10 days will be madness on the Crypto market. As both the U.S. Bureau of Labor Statistics - and the US Federal Reserve will be making a few noticeable impacts on the crypto market that may last for months. We are currently in a possible downtrend heading for all known cryptos including Ethereum - XRP -BTC which will likely see the 23,000 range after the 13th as bears are already short selling on BTC in preparation for the event from the U.S. Bureau of Labor Statistics CPI report. This even affects Altcoins such as Pepe - Doge and most of all Shiba-inu which will likely see 0.00000500 - 0.00000200 by the 15th. Some of you may not know what the U.S. Bureau of Labor Statistics CPI report means and how it will Effects the crypto market. Below I will explain the possible effects it will have along with the further effects that will take place after the federal reserve speech on the 20th of September and how this will likely play in the fall to the 20,000 range for Bitcoin and the 0.00000100 range for coins like shib. Be sure to Like follow and sub for more content like this. BITSTAMP:BTCUSD BINANCE:BTCUSDT BITSTAMP:ETHUSD BINANCE:ETHUSDT COINBASE:SHIBUSD BINANCE:SHIBUSDT BINANCE:DOGEUSD BINANCE:DOGEUSDT
Short
by Grandmaster_Oz
4
SHIB/USDT 3DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this SHIB/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Shiba’s downtrend has not stopped, and the price continued to make lower highs. For this reason, the price registered a 5.5% loss this week, making this meme coin the worst performer on our list. The current support is found at $0.0000075, and so far, it held the assault from bears. Nevertheless, sellers could return to take the price lower if the bearish sentiment continues. SHIB has lost all its gains made in August and could even visit new lows this month. 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
SHIB/USDT planning bullish ride? 👀 🚀 Shiba Inu Today AnalysisParadisers, pay attention! Let's delve into the enigmatic rise of SHIBUSDT, currently situated in a demand zone and primed for a potential bullish surge👀 💎 We've recently noticed that it hit a specific resistance level at 0.00000856 and faced rejection from an overhead supply area. Interestingly, it's once again approaching this same resistance level. 💎 Given the presence of an unaddressed supply zone, it's highly likely that the price will break through this resistance and reach higher OB levels soon. 💎 However, keep an eye on the invalidation zone; if the price dips below 0.00000635, consider a short entry to capitalize on the downward movement. Keep your charts updated and Stay one step ahead of the market 🌟 🌴
Long
by MyCryptoParadise_Simon
Potential for Further Decline Amidst Bearish SentimentSHIB experienced a notable price decline over the past week, reaching the lower boundary of its established price channel at $0.00000750. The current scenario hinges on a potential favorable response to this level, marked by a break in the prevailing downtrend line. Such a development could signify a positive indication for price appreciation, with the possibility of a rise towards the upper boundary of the channel. In the context of the 4-hour time frame, there is an almost balanced distribution between bearish and bullish candle formations. However, the relatively small bodies of the bullish candles indicate the limited strength of buyer interest. This sentiment is further underscored by the fact that, when observed on the daily time frame, all candles from the preceding week display bearish characteristics. Consequently, the breach of the upward dynamic support line has introduced the potential for a retracement to the aforementioned range. This retracement, if realized, might lead to a continuation of the ongoing downward trajectory in SHIB's price. A possible outcome of this scenario could involve a further decrease in the value of Shiba Inu's cryptocurrency, potentially approaching the support zone around $0.00000600.
by MonoCoinSignal
4