๐ฅ Shiba Inu (SHIB) Price Prediction: December 25, 2024 ๐
Shiba Inu (SHIB) is turning heads as bullish sentiment sweeps across the crypto market. Here's everything you need to know:
๐ธ Market Momentum Turns Bullish
Major assets like Bitcoin (BTC), Ethereum (ETH), and XRP lead the shift to an uptrend.
SHIB breaks five-day consolidation, signaling a potential rally.
๐ธ Key Bullish Indicators
$10 Million Outflow:
Significant SHIB withdrawals from exchanges over the last three days.
Indicates rising confidence among long-term holders and potential upside momentum.
Open Interest (OI):
SHIBโs OI increased by 13% in 24 hours, reflecting growing trader participation.
๐ธ Technical Analysis
SHIB broke out of a consolidation zone, forming a bullish morning star candlestick pattern at the 200 EMA support ($0.000021).
Next target: $0.000028, a potential 20% rally if bullish sentiment continues.
๐ธ Current Price Action
Trading Price: $0.000023 (as of December 25).
24-Hour Performance:
Price up 6.5%.
Trading volume increased by 5%, signaling strong market interest.
๐ธ Whatโs Next for SHIB?
Support Levels: Watch for sustained strength above $0.000021.
Resistance: Eyes on $0.000028 for the next major breakout.
๐ฏ Will SHIB ride the bullish wave to new heights? Stay tuned for updates as the momentum builds!
