SHIB price manages to collect gains as bulls are back after the short backslide from Monday. The price once again visits the 50-day SMA at $0.000024 since Saturday. This shows the growing interest of bulls in the token after bottoming out near $0.000020. SHIB price trades higher for the second straight day. More gains towards
On Friday, the Shiba Inu(SHIB) sellers breached the $0.000023 weekly support and the support trendline of the symmetrical triangle pattern. the follow-up retest phase should validate if sellers are ready to continue this downtrend, suggesting to reach the January bottom support at $0.00002 Despite a sloppy start in March, the ETH whales continue to accumulate
The range-bound movement in SHIB price has dropped to the support trendline of the symmetrical triangle pattern. The buyers preparing for a bullish reversal would face a steeper trendline before challenging the pattern’s key resistance. Key technical points: The 200-day DMA has flipped to valid resistance The intraday trading volume in the Shiba Inu coin
Amidst geopolitical issues like the Russia-Ukraine war, the Shiba Inu (SHIB) price shows robust volatility over the past few days. The seller had recently slumped the coin price to a prior support level of $0.0000236. However, both parties are struggling to make significant moves, forming a no-trading zone for traders. Key technical points: The SHIB
Shiba Inu’s price has been consolidating near the higher levels from the past few sessions. SHIBA looks directionless after surging almost 70% from the January lows. Investors resting above the 50-day Simple Moving Average (SMA) at $0.000028. SHIBA Inu continue to consolidate for the past few sessions. The price expects an upside of 42% from
Meme coins took a significant hit during the ongoing correction phase. Many crypto coins lost their 50% retracement level and continued to face bear wrath. However, the growing interest of investors in those discounted prices teases a recovery opportunity in these coins. Let’s study the technical charts of these top meme coins to find out.
Since the correction phase initiated in October end of 2021, the SHIB price has only experienced a steady downtrend. The token price has tumbled by 75% from the All-Time High of $0.00008455, and current hints further sell-off respecting a falling channel pattern. However, the Shibarmy should be excited as Shiba Inu is prepared to launch
The Shiba Inu price chart shows a reversal from the support trendline of the falling channel. However, the price jump acts as a retest of the bearish breakout of the falling channel. Hence, the sudden increase in buying pressure may soon succumb to drive the price lower. Key technical points: The SHIB token price finds
Memecoins are among the highest gainers over the past day and now with the Robinhood listing rumors about SHIB, we can see the coin surging by 16% in the past 24 hours. But are the rumors true? Let’s find out in today’s altcoin latest news. Shiba Inu jumped 16% leading the gains among other cryptocurrencies […]
