Shiba Inu (SHIB) recently encountered resistance as a local death cross formed on the four-hour chart, where the 23-period moving average slipped below the 50-period one. This technical crossover triggered a 2.65% drop, pushing SHIB down from its attempt to break above a short-term structure near $0.00001194.
Experts remain bullish on SHIB despite market uncertainty, predicting a potential surge to $0.0000600 by 2025.
Bitcoin is showing signs of recovery as it tests a crucial technical formation that has the potential to change the perception of its recent bearish trends. The market leader may be on the verge of invalidating the death cross, a bearish signal that occurs when the 50-day moving average crosses below the 200-day moving average following weeks of consolidation and erratic trading.
The Shiba Inu price continues to attract the attention of analysts, who are watching for its next potential move. A recent report from Finder, based on the insights of 26 crypto industry experts, reveals a cautiously optimistic outlook for SHIB.
According to Wifi Dabba CEO and founder Karam Lakshman, India's rapid digital growth has outpaced its broadband infrastructure, leaving hundreds of millions without stable access. He believes decentralized networks may offer a way to bridge that gap, using global capital, local deployment partners, and tokenized incentives to scale internet access cost-efficiently.
The Shiba Inu price is indicating that it can bounce back as investors attempt to gain control of the popular meme token's price action. SHIB appears to be creating trends that would assist in propelling it to the crucial price of $0.00002.
The meme coin Shiba Inu (SHIB) recently faced a technical barrier it could not overcome, despite some early attempts. On the four-hour chart, the 23-period moving average crossed below the 50-period one — forming a local death cross — and the price reacted accordingly.
An industry expert panel sets targets for Shiba Inu's year-end price, hinting at 235% growth for the popular canine coin.
While the Shiba Inu price has crashed by 65% from its November highs, one crypto analyst believes it is too resilient to fail and that it is much better than other meme coins like Dogecoin and Pepe. As such, if her reasons are correct, the SHIB price will likely bounce back in the long term.
Shytoshi Kusama, the leader of Shiba Inu, has been quiet for nearly three weeks. But now, he's back with a short, mysterious message, “Next week let's go back to it, can we?” This has made the SHIB community excited, thinking something big might be coming, maybe even a rise in SHIB's price.
Potential hackers may be opting for Pepe after a week of strong performance, scooping up 611 billion tokens—a testament to a potential reversal. The post 5 Mysterious Wallets Just Snapped Up 611 Billion PEPE – Is a Pump Coming? appeared first on Cryptonews.
Technical and on-chain data indicate that Shiba Inu is about to enter a critical phase, which could see a spike in volatility. The next significant move of the token may be greatly influenced by the astounding 13.7 trillion SHIB tokens that are on the verge of activation currently sitting at or slightly below the break-even level of $0.000012.
The enigmatic Shiba Inu lead known to the community under the pseudonym Shytoshi Kusama has returned after yet another long, almost three-week absence.
Shiba Inu (SHIB) continues to face strong selling pressure, now trading around $0.00001168 after failing to establish solid support in recent sessions. The meme coin remains highly vulnerable to a potential drop toward $0.00001050, or even $0.00001000, a psychologically significant level for traders.
Shiba Inu is in the spotlight, joining the broader market rally amid a divergent burn rate outlook. As of press time, data from Shibburn shows the burn rate is down by 98.79%, with less than 857,632 SHIB torched in 24 hours.
PEPE coin shows signs of a potential breakout with retail accumulation increasing, technical patterns forming, and a possible 796% rally by 2025.
Most financial experts doubt Shiba Inu will ever flip Dogecoin despite recent whale activity and SHIB's slight outperformance of ETH.
BONK's descending channel highlighted the bearish trend and the attempted consolidation around the 2024 low.
PEPE coin is seeing renewed momentum, gaining over 2.37% in the past 24 hours and stirring bullish sentiment across the meme coin community. Could PEPE revisit its December 2024 high
Shiba Inu (SHIB) is showing signs of renewed momentum as its burn rate jumps by 111.43% in 24 hours, with a weekly increase of 19.48%, according to blockchain tracker Shibburn. This notable uptick marks a potential revival in SHIBs deflationary mechanism, reigniting optimism among holders.
PEPE sees renewed demand as technical and on-chain signals hint at a possible breakout.
A recent poll indicates that financial experts remain skeptical if Shiba Inu is able to overtake Dogecoin in value. The poll, conducted by Finders, surveyed 14 finance experts for their opinion on whether SHIB will ever overtake DOGE in market capitalization.
Shiba Inu has once again faced significant downward pressure. The asset is now trading at about $0.00001168, having failed to set up a significant support level in the last few sessions.
PEPE's price action has been relatively quiet in the past few weeks. The meme coin has been quietly going through a continued wave of selloffs amidst the volatility in the wider crypto market.
After weeks of relatively low burn activity, Shiba Inu's burn rate is seeing a slow but notable rebound, according to the latest figures from blockchain tracker Shibburn.
Shiba Inu (SHIB) looks primed for a possible breakout as the price action on the weekly chart constricts. Several cryptocurrency analysts are referring to a pattern formation that suggests SHIB could be on the verge of a massive price action following a consolidation phase.
BONK is trading at a key high time frame support level while showing signs of a potential trend reversal.
What's fueling the buzz behind SHIB and OM this week? Shiba Inu (SHIB) price analysis shows the token testing $0.000012, with whales and retail users stacking up trillions of tokens. Over on the RWA side, Mantra (OM) Price Forecast is looking strong after a $1B tokenization deal and a Google Cloud validator partnership.
Even after a sharp cooldown, the meme coin sector refuses to die quietly. With Fartcoin (CRYPTO: FARTCOIN) in the focus, traders say the meme coin mania might be entering a stronger, more refined phase.
Shiba Inu price is consolidating within the range lows amid a lack of buying momentum. However, the meme coin's consolidation is happening within a bullish pattern, with a breakout suggesting that the price may be poised for a 17x surge to $0.0002.
PEPE is up by double-digits in the past week.
SHIB and XRP are both testing historically significant support zones, with technical indicators hinting at a potential shift in momentum as traders watch for key breakout levels to confirm a trend reversal. Shiba Inu (SHIB) is currently trading at $0.
Shiba Inu (CRYPTO: SHIB) is seeing a significant uptick in on-chain activity and surging burn rates even as prices consolidate. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001163 $6.9 billion -2.9% +6.2% Dogecoin (CRYPTO: DOGE) $0.1534 $22.8 billion -4.07% -5% Pepe (CRYPTO: PEPE) $0.057127 $2.99 billion -3.2% -12.4% Trader Notes: Crypto trader Javon Marks remains bullish, stating that SHIB's first major breakout target sits over 550% higher at $0.000081.
Although Shiba Inu may be having trouble on the price chart, a significant change in its on-chain behavior might indicate a possible recovery. A notable increase in important whale-related metrics could indicate that large holders are once again interested even though market performance has been weak.
Story Highlights The live price of the BONK token is BONK coin price may reach a high of $0.00035 by the end of 2025. BONK, with a potential surge, could reach a maximum of $0.0050 by the end of 2030.
Shiba Inu stagnates under pressure, its fall is imminent. Bitcoin absorbs investors, and SHIB, with its anemic volume, could lose a zero in value if no change occurs.
SHIB could decline by 30% if it fails to break above the upper boundary of the descending channel pattern.
The Pepe (PEPE) price has been subdued so far since the start of the week, but could be gearing ups or a major move as pressure builds. The post Is PEPE About to Explode 100%? Here's What the Charts Just Revealed appeared first on Cryptonews.
Shiba Inu (SHIB) is back in the spotlight following a surge in whale activity, hinting at a potential trend reversal. In the past 48 hours, over 160 billion SHIB tokens have flowed into the asset, signaling renewed accumulation by large holders.
Shiba Inu (SHIB) has seen a massive spike in daily volume, reaching a total of 224 billion SHIB within 24 hours. This surge has attracted attention due to its connection with a significant rise in whale activity.
Shiba Inu's badge of honor: Shibarium wants to reward users for participating in Web3 activities via Karma points.
Fartcoin (CRYPTO: FARTCOIN) continues to surge, with a 57% over the past week and traders anticipating the rebound rally to last. What Happened: Crypto trader CRG points out that Fartcoin has now tested its yearly open six times without a decisive breakout.
Shiba Inu (SHIB) has registered large transactions in the ecosystem, recording a leap of 173% within the last 24 hours. According to IntoTheBlock data, SHIB has recorded increased transactions as whale traders move SHIB amid the dynamic market trend.
Dog-themed cryptocurrency Shiba Inu (SHIB) has just seen a surge in large holder inflows in the last 24 hours, according to data from IntoTheBlock.
Bears are back as most of the coins are in the red zone, according to CoinStats.
Shiba Inu developers are ushering in a new phase with the launch of Karma, a trust-scoring system designed to evaluate user activity across its decentralized ecosystem. Shadowhunter, one of the projects developers, recently appeared on a podcast to discuss the new system, highlighting its pivotal role in the Shiba Inu DAO and broader dApp landscape.
PEPE coin price could be on the cusp of a strong bullish breakout as it slowly forms a rare chart pattern on the daily chart. One top crypto analyst has predicted that his base case is that it could double in the next few weeks.
Shiba Inu price has failed to register significant gains in the last two months, which has caused a decline in the number of daily active addresses to a one-year low. This drop shows that the level of market interest in SHIB is waning.