Price analysis 6/22: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB
BTC and select altcoins attempted a reversal, but are facing heavy selling at higher levels, which is proof that bears remain in control of the wider market. Bitcoin (BTC) continues to face a tough battle near the psychological level of $20,000 as the bulls and the bears attempt to assert their supremacy. Trading firm QCP Capital said in their latest market circular that funding rates on derivatives markets were stable and bearish conditions were fading.Another ray of hope for the Bitcoin bulls is that Bitcoin miners may be capitulating as the recent decline in the price has made some....
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SHIB was trading almost 15% higher during today’s session, as its price approached a ten-day high. Its fellow meme coin, DOGE, was also in the green on Tuesday, with prices hitting their highest point since June 12.
Shiba Inu (SHIB)
SHIB was once again in the green on Tuesday, as it continued to move away from this weekend’s lows.
Over the weekend, SHIB/USD fell to an intraday low of $0.00000707, which was its lowest point since October 2021.
Since then, prices have picked up momentum, and today saw prices hit an intraday peak of....
SHIB’s price shows strength as it bounces from a downtrend range price rallied to a high of $0.0000122 with eyes set on $0.0000135. SHIB could rally more as the price creates more bullish bias breaking out of its range channel with good volume as SHIB army could push the price to $0.0000135. SHIB’s price remains strong on the daily timeframe above the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The price of Shiba Inu (SHIB)has had a tough time dealing with this current bear market, with the price suffering so much decline in the past six months.....
SHIB’s price shows strength as it continues its rally, with eyes set on a high of $0.00002 as the price tends to mimic DOGE. SHIB could rally more as the price creates a bullish bias and holds above its range channel after a successful breakout. SHIB’s price remains strong on all timeframes as the price trades above the 50 Exponential Moving Average (EMA). The price action shown by Shiba Inu (SHIB) in the past few days has been a replica of what we see with the price of DOGE in the past few days as it continues to lead the charge for memecoin rallies. Although the price of....
The cryptocurrency world has been dominated by big names like Shiba Inu (SHIB) and Dogecoin (DOGE) for years. Both meme coins have carved out their spaces in the market by drawing in millions of investors, largely due to their vibrant communities and viral moments. However, with the rise of new players in the blockchain space, […]
Sitting in the top 9 and 10 in the crypto rank by market cap, Dogecoin (DOGE) and Shiba Inu (SHIB) have been fighting to get the title of ultimate meme coin. Over the past week, SHIB has rallied from an all-time low driven by a retail fever right into DOGE’s face. Related Reading | Elon […]