Shiba Inu Price Dips Below Key Support: Time To Enter Or Exit SHIB?

Shiba Inu Price Dips Below Key Support: Time To Enter Or Exit SHIB?

The Shiba Inu (SHIB) price currently treads on crucial technical terrains. As highlighted in previous comprehensive analysis, the potential impacts of two distinct chart patterns were observed on the 1-week timeframe for SHIB, both leading to vastly different price trajectories. The 1-week chart reveals a compelling quadruple bottom formation for SHIB. If this pattern materializes, it could suggest a bullish surge of up to 250% from its breakout point, as delineated in prior assessments. Conversely, a starkly contrasting pattern emerges in the form of a descending triangle, which has taken....


Related News

Shiba Inu Headed Toward Critical Support Threshold With 2 Trillion SHIB Buys

Shiba Inu (SHIB) has established a critical price support level amidst the market-wide downtrend, which has kept crypto prices down. This support level has been established thanks to a host of Shiba Inu holders who have invested in the meme coin at that price level with a 2 trillion SHIB buy order. Shiba Inu Establishes […]

AMC CEO Says Bitpay Will Support Shiba Inu — AMC Set to Accept SHIB Next Quarter

The CEO of the world’s largest movie exhibition company, AMC Entertainment, says that payment service provider Bitpay has agreed to support the meme cryptocurrency shiba inu (SHIB) at his request. AMC will be able to accept shiba inu crypto for payments within the next few months. AMC Says Bitpay Agrees to Support Shiba Inu: SHIB to Be Accepted for Payments at AMC Soon AMC CEO Adam Aron announced Monday evening that AMC will soon be able to accept the meme cryptocurrency shiba inu (SHIB). AMC is the largest movie exhibition company in the U.S., Europe, and the world. As of March 31,....

Shiba Inu Price Stabilizes As Marketing Lead Teases Upcoming ‘Journey’

Amidst waves of volatility in the crypto market, the Shiba Inu price seems to be stabilizing. Meanwhile, Lucie, the marketing manager of Shiba Inu, provided important insights into the upcoming developments when she revealed the roadmap for the anticipated “journey”. The Upcoming “Shibarium Journey” In her most recent tweet, Lucie expressed the magnitude of the upcoming Shibarium journey. She stated, “Embarking on the Shibarium journey is a big task that demands a lot of time and commitment. Our goal is to create outstanding decentralized applications (dApps)....

Why SHIB Price Lost Its Bullish Energy After Shiba Eternity Games’ Release

SHIB, along with the greater majority of the crypto space, stared at price dips for the last 24 hours with the asset declining by 7.7%. Shiba Inu seen growing five times towards the end of October after Shiba Eternity release SHIB down 8.8% for the past seven days Shiba Inu headed for another bearish momentum The 13th largest cryptocurrency having a total market capitalization of $5.9 billion currently trades at $0.00001019 according to tracking from Coingecko. The dog-themed altcoin akin to Dogecoin has now lost 8.8% of its price for the past seven days and is on a position that is far....

Shiba Inu Whales Trading Volume Surges 640% As SHIB Holds Critical Support

Shiba Inu whales’ trading volume skyrocketed by 640% as seen in the coin’s 24-hour trading volume. An increased buying or selling activity among whales has peaked by 61%. Large transactions that spiked to 57.41% were noted in active addresses of SHIB holders as seen in the past 24 hours. SHIB value surged by 3.06% which comes with Shiba Inu reverting to the key support level of 0.00001. Related Reading | Cardano Joins The Red Screen – How ADA Fell To $0.45 Over Last 24 Hours SHIB Trading Volume Down 7.48% As of press time, Shiba Inu is trading at $0.00001044 which has dropped by....