$SHIB /USDT ANALYSIS: IS A BREAKOUT IMMINENT? BULLISH MOVE INCOMING!💯🚀 ENTER NOW!💯
The $SHIB /USDT trading pair is currently priced at 0.00002449 USDT, showing a slight increase of 2.17%. With a 24-hour high of 0.00002470 USDT and a low of 0.00002395 USDT, the market is seeing moderate volatility and a gradual upward trajectory.
Price Action & Market Sentiment:
Trend: The candlestick chart shows a consolidation phase with mild bullish pressure, as the price continues to test resistance near 0.00002470 USDT.
Volume: Trading volume is stable, with 7.32 trillion SHIB and 179.2 million USDT traded in the last 24 hours, indicating consistent market interest.
Key Levels to Watch:
Resistance: Immediate resistance is at 0.00002470 USDT, followed by a critical level at 0.00002520 USDT. Breaking these levels could lead to a bullish breakout.
Support: Strong support is at 0.00002400 USDT and 0.00002380 USDT, where buyers may step in to defend the price.
Indicators:
The RSI is near 60, suggesting that SHIB is in bullish territory but not yet overbought.
The MACD is showing signs of a potential crossover, indicating growing bullish momentum.
Outlook:
With SHIB hovering near resistance and a gradual increase in volume, the market could be gearing up for a breakout. Traders should watch for confirmation above 0.00002470 USDT or a pullback toward support for potential entry points.
Ethereum was always lagging from 💰 Bitcoin to break its All Time High🧐
Pay attention to the previous cycle, where BTC breaks its ATH on 14 Dec 2020 and ETH is just one and a half month later on 1 Feb 2021
📍It's also noticeable that $ETH crossed its ATH when $BTC was done with its Mid-Rally consolidation✅ sets a final low and we get our short-term reversal to continue the Bullish Rally📈 #ETH #Erinacrypto $ETH
You are correct … one of the best technical analysis in the whole world … I am shorting making big bucks … haters will always say is going to 100k again … lolz 😂
BullishCryptic
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Bearish
Personally I'm totally out of the market seeing the 92k support level being broken means it's going to test the 88K levels soon. amd if this level breaks down then the target may be as low as 76-80K. I'll be watching closely.
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It has been 18hours since your post … what we see now is only a dump … lolz 🤪
jimmyboss
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Bullish
Ethereum should start the rally at any moment. Ethereum will ignite the spark that leaves bitcoin behind and triggers the rise of all altcoins. It's imminent – just like in the past, when Ethereum starts to rise, it gains sharp and lasting momentum. Projects within Ethereum's ecosystem, like OP, L2, Matic, Arbitrum, or ZK, will rise even more than Ethereum itself following its surge. As I said, the rise could start at any moment. #XmasCryptoMiracles