Can The Shiba Inu Price Reach $0.00008 ATH Again? What The Volume Levels Say
The Shiba Inu price saw an over 5% surge on Wednesday to kick off the new month of October in the green. This was not caused by any development that was unique to the meme coin, but rather by a rapid surge in the Bitcoin price, which took most of the crypto market along with […]
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Currently trading near $4,380, Ethereum (ETH) recently broke above the $4,400 resistance level, a move that has fueled renewed optimism among investors despite a minor pullback. Related Reading: Can The Shiba Inu Price Reach $0.00008 ATH Again? What The Volume Levels Say The boost occurred as crypto ETF inflows increased, institutional interest grew, and market […]
The Shiba Inu price decline following the October 10 liquidation was as swift as the rest of the market, and even now, the meme coin continues to struggle to reach its pre-crash prices. Nevertheless, there have been some developments among major metrics that could indicate that the Shiba Inu price is getting ready to mark a bottom. These range from the open interest to the trading volume, with both reaching levels that have previously marked the bottom for the price. Open Interest Crashes Toward 2025 Lows One major metric that has suffered when it comes to Shiba Inu is the open interest.....
Despite not being in the spotlight recently like its counterpart Dogecoin, the Shiba Inu price has managed to exceed expectations and close three consecutive green weeks. The meme coin is showing signs of bullish continuation after a long stretch of consolidation, and a resulting breakout from such momentum could be enormous. To put it plainly, its 2024 400% breakout could pale in comparison to what is coming if Shiba Inu manages to complete its breakout. Shiba Inu Green Closes Point To Bullishness A pseudonymous crypto analyst has pointed out some interesting formations in the Shiba Inu....
Crypto exchange Changelly has predicted when the Shiba Inu price could delete three extra zeros and rally to as high as $0.01. Based on the prediction, the top meme coin is still over a decade away from achieving this milestone, even as it currently underperforms in this market cycle. When The Shiba Inu Price Could Hit $0.01 Changelly predicted in a blog post that the Shiba Inu price could reach $0.01 by September 2040. Specifically, they highlighted $0.0106 as the maximum price that SHIB could reach by then. Meanwhile, the crypto exchange projects that the meme coin could still reach....
Shiba Inu has maintained steady momentum in recent days, trading at approximately $0.00001197 after bouncing from its weekly lows near $0.00001180. Shiba Inu’s recent bounce follows a period of increased activity that saw Bitcoin reach new all-time highs this week. Although SHIB’s price action is relatively quiet compared to other cryptocurrencies, it is forming a […]