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The anticipation around Shiba Inu price is reaching a fever pitch as the meme coin nears a breakout. A top analyst has warned of a massive surge in SHIB price.
Amid a steep market decline driven by macroeconomic and geopolitical strains, Shiba Inus SHIB token maintained its resilience, nearing the coveted Golden Cross. With bullish support at key price levels, SHIB shows potential for a remarkable comeback in the crypto market.
A significant technical event occurred recently for Bitcoin: a crossover between the 50-day and 100-day Exponential Moving Averages (EMAs). Despite not being the well-known golden cross — a 50-day crossing of the 200-day EMA — this crossover is nonetheless significant.
Shiba Inu's ecosystem expansion and burn efforts could fuel a breakout amidst rising activity.
Dog-themed cryptocurrency Shiba Inu (SHIB) is approaching a critical resistance point where an enormous 422 trillion SHIB are being held. This substantial supply wall has led to questions about the token's next potential move.
A week ago, U.Today reported on the possible scenarios that could lead to the appearance of the golden cross on the price chart of the popular meme-inspired cryptocurrency Shiba Inu (SHIB).
Shiba Inu has experienced a surge in transaction volume over the past day, almost reaching 2 trillion tokens in the last 24 hours. This notable movement indicates that there is increased activity in the network, which probably indicates that there may be volatility or changes in the direction of prices when trading starts next week.
The Shiba Inu team has announced the new 2.0 version of the decentralized exchange (DEX) ShibaSwap. Shiba Inu Executive Lucie provided insights into what to expect from this new version of the DEX, a development which could boost network activity on the Shibarium network.
Shiba Inu demand in the last two weeks has been relatively weak, but a major pattern break could change that. Here's what on-chain data reveals.
Shiba Inu (SHIB) continued to trade subdued on Saturday, with the second-largest meme cryptocurrency dropping around 1.78% to trade at $0.00001696 at press time.
In a recent tweet published by the Shibburn tracking platform, which deals with Shiba Inu burn transfers, it was revealed that the SHIB burn rate had spiked by a large degree over the past day.
At the time of this writing, Shiba Inu (SHIB) was trading at $0.00001691, corresponding to a 4.75% plunge within the past 24 hours. While this price action signals an incoming bearish twist, a few positive sentiments in the Shiba Inu ecosystem indicate a possible recovery.
Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, has experienced a significant dip recently following a broader market correction. Despite this setback, the Token has soared by an impressive 113% over the past year.
In the last 24 hours, dog-themed cryptocurrency Shiba Inu has registered 2.23 trillion SHIB in large transaction volume, which provides an idea of the total amount transacted by whales in a given day.
A veteran trader has shocked investors with a bold prediction, claiming that a new Shiba Inu killer, WallitIQ (WLTQ) is poised to be the next big cryptocurrency to experience a massive rally.
Shiba Inu's marketing lead Lucie on Saturday expressed immense support for Ethereum and its co-founder Vitalik Buterin amid rising FUD for ETH across the crypto space. The SHIB community bolstered the second-largest crypto by market cap amid rising market concerns attributable to large selloffs by the ETH Foundation and Buterin.
The Shiba Inu marketing lead known under the pseudonym Lucie has addressed the SHIB army with an intriguing tweet, which raised a wave of positive comments from the community.
Shiba Inu investors have turned bearish amid a wave of sell-offs, which have halted the meme coin's rally beyond the $0.000018 price level. On-chain analytics platform Santiment has provided insights into why this bearish sentiment could be positive for the Shiba Inu ecosystem.
A potential golden cross, which has historically signaled large price increases for assets, is what Shiba Inu is slowly approaching right now. The golden cross formation has been progressively approaching reality as SHIB has been gaining momentum in recent weeks.
The cryptocurrency market is experiencing heightened pressure as bearish sentiments gain traction, particularly affecting assets like Shiba Inu (SHIB), XRP, and Bitcoin (BTC). Each of these cryptocurrencies is approaching critical support levels that could determine their short-term trajectories.
Amid the confusing market sentiment, Shiba Inu (SHIB), the popular meme coin is poised for a notable price decline as it has formed a bearish price action pattern on its daily chart. This negative sentiment extends across the cryptocurrency landscape including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
Known meme coin Shiba Inu (SHIB) is hogging the headlines; massive accumulators are increasing efforts due to a volatile market. The latest data shows inflow from large holders has increased by 555% within the last 90 days, which means major stakeholders are taking positions to capitalize on an expected increase in value.
Bulls aim to knock out Bitcoin's all-time high before the US elections wrap up. Will altcoins follow?
Decentralized Autonomous Organizations (DAOs) are experiencing an unexpected revival driven by an unlikely catalyst: meme coins.
