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....
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Bitcoin price is now trading at nearly $3,000 less than the high set earlier in the week, just shy of setting a new all-time record for the cryptocurrency. After a few strong attempts by bulls to get back above $17,000, bears might have flipped the zone into strong resistance, and are now making a stand […]
Bitcoin’s price action has been rather lackluster as of late, with bulls and bears reaching an impasse following its surge up to the mid-$11,000 region. Each dip is met with significant buying pressure, while each push towards $11,600 is rapidly rejected by bears. This has created a consolidation channel between $11,300 and $11,600. Although neither […]
Who has the most recent bitcoin move right, the bulls or the bears?
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....
Bitcoin’s recent underperformance against altcoins came to a swift end today, with bulls allowing the crypto to rocket higher while bears struggle to slow its ascent The cryptocurrency is now in the process of erasing much of its recent losses, with bulls targeting further upside This rally has taken the wind out of many altcoins’ […]