DOYOR
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$NEAR is good, it will be bullish in long term. But, short term is bearish. I’m waiting for $6-$5.5
#DOYOR
#DOYOR
LIVEFirst1Bitcoin
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BTCUSDT 4HOUR TF TECHNICAL ANALYSIS
#BTC
USDT at $63,361.90 within a descending channel. Will we see a breakout or a further decline to $56,887.38? Let us know your predictions!
#US_Inflation_Easing_Alert #MiCA #Bnb #etherreum
$BTC $ETH
USDT at $63,361.90 within a descending channel. Will we see a breakout or a further decline to $56,887.38? Let us know your predictions!
#US_Inflation_Easing_Alert #MiCA #Bnb #etherreum
$BTC $ETH
Shiba Inu: Riding the Bull Run or Ready to Sink?
With the recent crypto market surge, many eyes are on Shiba Inu (SHIB), the meme coin with a loyal fanbase. But with its high volatility and immense supply, can SHIB sustain its upward trajectory or is it destined to sink?
Bullish Arguments:
Growing Adoption: SHIB is gaining traction as a payment option, with major retailers like AMC Theatres accepting it. This increased adoption could drive demand and increase the value of SHIB.
Shiba Inu Ecosystem Expansion: The SHIB ecosystem is evolving with the development of Shibarium, a layer-2 scaling solution, and ShibaSwap, a decentralized exchange. These initiatives could enhance SHIB's utility and attract more investors.
Community Power: SHIB boasts a passionate and vocal community known as the "ShibArmy." This community's support and enthusiasm could fuel further price increases.
Bearish Arguments:
Limited Utility: SHIB currently has limited real-world applications, relying primarily on speculation and sentiment. This lack of utility could hinder long-term growth.
Enormous Supply: SHIB has a massive circulating supply of over 549 trillion tokens, making it difficult to achieve significant price appreciation.
Highly Volatile: SHIB is known for its extreme price swings, making it a risky investment for most traders.
Predictions:
Short-term: The current bull run could potentially drive SHIB prices higher, especially if positive news or developments emerge. However, short-term gains could be followed by significant volatility.
Long-term: The long-term future of SHIB depends on its ability to develop real-world utility and attract institutional investors. Without significant progress in these areas, SHIB's long-term price potential might be limited.
Conclusion:
Investing in SHIB requires a high risk appetite and a thorough understanding of the potential rewards and risks involved. While the bull run might offer short-term opportunities, long-term success will hinge on the development and adoption of the SHIB ecosystem.
PS, support to tipping me
#DOYOR
With the recent crypto market surge, many eyes are on Shiba Inu (SHIB), the meme coin with a loyal fanbase. But with its high volatility and immense supply, can SHIB sustain its upward trajectory or is it destined to sink?
Bullish Arguments:
Growing Adoption: SHIB is gaining traction as a payment option, with major retailers like AMC Theatres accepting it. This increased adoption could drive demand and increase the value of SHIB.
Shiba Inu Ecosystem Expansion: The SHIB ecosystem is evolving with the development of Shibarium, a layer-2 scaling solution, and ShibaSwap, a decentralized exchange. These initiatives could enhance SHIB's utility and attract more investors.
Community Power: SHIB boasts a passionate and vocal community known as the "ShibArmy." This community's support and enthusiasm could fuel further price increases.
Bearish Arguments:
Limited Utility: SHIB currently has limited real-world applications, relying primarily on speculation and sentiment. This lack of utility could hinder long-term growth.
Enormous Supply: SHIB has a massive circulating supply of over 549 trillion tokens, making it difficult to achieve significant price appreciation.
Highly Volatile: SHIB is known for its extreme price swings, making it a risky investment for most traders.
Predictions:
Short-term: The current bull run could potentially drive SHIB prices higher, especially if positive news or developments emerge. However, short-term gains could be followed by significant volatility.
Long-term: The long-term future of SHIB depends on its ability to develop real-world utility and attract institutional investors. Without significant progress in these areas, SHIB's long-term price potential might be limited.
Conclusion:
Investing in SHIB requires a high risk appetite and a thorough understanding of the potential rewards and risks involved. While the bull run might offer short-term opportunities, long-term success will hinge on the development and adoption of the SHIB ecosystem.
PS, support to tipping me
#DOYOR
$C98
Chart D on the left, the price has been trying to break $0.45 for a couple of times. It forms a 2 bottom as well as a ascending triangle.
Chart W on the right, the price broke 1st cup & handle, now 2nd cup and handle formed.
Next target $0.6, $0.8, further more $1.5 and so on.
But keep in mind, the halving is around the conner, who know how the wave will be, protecting our money is the top priority.
What do you think?
$C98 #DOYOR #NotFinancialadvice
Chart D on the left, the price has been trying to break $0.45 for a couple of times. It forms a 2 bottom as well as a ascending triangle.
Chart W on the right, the price broke 1st cup & handle, now 2nd cup and handle formed.
Next target $0.6, $0.8, further more $1.5 and so on.
But keep in mind, the halving is around the conner, who know how the wave will be, protecting our money is the top priority.
What do you think?
$C98 #DOYOR #NotFinancialadvice
