TA- Shiba Inu Price Struggles, But Could Be Set For A Major Run

TA- Shiba Inu Price Struggles, But Could Be Set For A Major Run

The price of the Shiba Inu (SHIB) could be set for a major run as it holds its support against Tether (USDT).  Bitcoin’s (BTC) price saw a bounce from $23,000 to $24,800 as the favorable news from the consumer price Index (CPI) saw a good response across the boards in the crypto market as the price of Shiba Inu eyes $0.00001700. Related Reading: AVAX Holds Steady And Sets Sights On $50 Barrier Breach The consumer price Index measures inflation in the economy, due to market sentiments this affects the prices of assets. (Data feeds from Binance) Shiba Inu Price Analysis On The Weekly....


Related News

Shiba Predator Cracks Double-digit Gains, How Far Can Price Go?

QOM price continues with strong momentum after a breakout with double-digit gains for holders.  QOM trades just above key resistance as price ranges above 8 and 20-day EMA. The price of QOM struggles to flip key resistance into support.  Shiba Predator (QOM), a recently loved memecoin on the Ethereum (ETH) network, is tipped to outperform Shiba Inu and other memecoin after showing great rallying to a high of $0.0000004, winning the heart of many after a few months’ surge but could be set to replicate this move. All indicators and patterns are showing the price of Shiba Predator (QOM)....

Shiba Inu Tallies 77% Accumulation By Major Investors – Good For SHIB Price?

Shiba Inu (SHIB) seems to have hit a rough patch in recent times, as its price struggles to gain traction in the volatile crypto market. Investors who witnessed a major rally between mid-June and mid-August are now grappling with the harsh reality that these gains have been almost entirely wiped out. As we enter the final quarter of the year, Shiba Inu’s price has exhibited a rather lackluster performance. The token has teetered dangerously close to its July/August lows, casting a shadow of doubt over the optimism that once surrounded it. In fact, a recent price analysis indicates....

All Signs Prove Shiba Inu Is Ready For A Run; Here Is Why?

SHIB’s price continues to struggle as price ranges in a descending triangle with a major breakout imminent.  SHIB trades below key resistance as price ranges under 8 and 20-day EMA. The price of SHIB struggles to flip key resistance into support, with eyes set on retesting a high of $0.00002. Shiba Inu (SHIB), one of the most loved crypto memecoin winning the heart of many after a few months’ surge, could replicate this move. All indicators and patterns show that Shiba Inu’s price (SHIB) is long overdue for a rally to a region of $0.00002 and even high if bulls are....

Shiba Inu Struggles As The Bears Assemble; Can Bulls Push One Last Time?

SHIB’s price struggles to hold above key support as the price tends to get a knockout into a range channel.  SHIB continues to struggle in a range-bound movement as the price attempts to breakout from its range price.  The price of SHIB continues its range movement in a range channel as the price trades below 50 and 200 Exponential Moving Average (EMA) on the daily timeframe.  Shiba Inu (SHIB) has been underperforming against tether (USDT) for several weeks now, with the price trading primarily in a range-bound movement with little or no volume to rally. Although the uncertainty that....

Shiba Inu: The Big Explosion, The Drop & The Future Impacts

Shiba Inu, the mysterious meme coin, has gained serious attention this past weekend after a 45% surge. Created by anonymous dogecoin-ally Ryshoi Shiba, Shiba has slowly gained momentum since the beginning of the summer. What’s Next For Shiba Inu? With Robinhood approving more then 250,000 applications for Shiba Inu access, it will definitely serve as […]