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5.25 Today's Forecast Analysis
Bitcoin is back in strength, can Shiba Inu coin continue to write the myth of growth👏🏻👏🏻👏🏻
#BTC走势分析 #柴犬 #山寨币热点
As Bitcoin re-entered the $70 range this week, the crypto market witnessed a brief struggle with bearish forces. Over the past two days, Bitcoin has experienced a 7.76% drop, retesting the $66K price level.
In contrast, Shiba Inu's decline was more significant, plunging 12%. At the same time, Bitcoin resumed its upward trend, regaining a high of $69,220 in the past 24 hours.
Altcoins such as Shiba Inu followed suit, with SHIB up 6.25% from an earlier low of $0.00002352 to trade at $0.00002499.
The second phase of the bullish race is gradually gaining momentum, and expectations for Shiba Inu’s potential price points continue to be high as major market mover Bitcoin hits new all-time highs at ambitious price levels such as $250,000 and even $777,000.
It is expected that a price of $77 would bring BTC’s market capitalization to over $15.31 trillion, and each Shiba Inu coin would cost over $2.946 billion, almost twice as much as Bitcoin.
Bitcoin is back in strength, can Shiba Inu coin continue to write the myth of growth👏🏻👏🏻👏🏻
#BTC走势分析 #柴犬 #山寨币热点
As Bitcoin re-entered the $70 range this week, the crypto market witnessed a brief struggle with bearish forces. Over the past two days, Bitcoin has experienced a 7.76% drop, retesting the $66K price level.
In contrast, Shiba Inu's decline was more significant, plunging 12%. At the same time, Bitcoin resumed its upward trend, regaining a high of $69,220 in the past 24 hours.
Altcoins such as Shiba Inu followed suit, with SHIB up 6.25% from an earlier low of $0.00002352 to trade at $0.00002499.
The second phase of the bullish race is gradually gaining momentum, and expectations for Shiba Inu’s potential price points continue to be high as major market mover Bitcoin hits new all-time highs at ambitious price levels such as $250,000 and even $777,000.
It is expected that a price of $77 would bring BTC’s market capitalization to over $15.31 trillion, and each Shiba Inu coin would cost over $2.946 billion, almost twice as much as Bitcoin.
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Shiba Inu is about to upgrade, and the price may soar!
Shiba Inu is about to upgrade, and this upgrade will be carried out on Shibarium, the second layer of Ethereum. The upgrade is scheduled for May 2, mainly to make the network more stable during peak transactions and make transaction fees more consistent and predictable.
The upgrade also includes something called a hard fork, which will improve the functionality of the Shibarium network and allow users to trade faster and save money. This upgrade will not only make the network more useful, but also enhance its security and create more opportunities for innovation for developers and users.
Shiba Inu prices have started to rise in the last 24 hours. If this upward trend continues, Shiba Inu prices may rise a lot in May.
#SHIB/𝗨𝗦𝗗𝗧 #柴犬 #GLM #ETHFI #GAL、
Shiba Inu is about to upgrade, and this upgrade will be carried out on Shibarium, the second layer of Ethereum. The upgrade is scheduled for May 2, mainly to make the network more stable during peak transactions and make transaction fees more consistent and predictable.
The upgrade also includes something called a hard fork, which will improve the functionality of the Shibarium network and allow users to trade faster and save money. This upgrade will not only make the network more useful, but also enhance its security and create more opportunities for innovation for developers and users.
Shiba Inu prices have started to rise in the last 24 hours. If this upward trend continues, Shiba Inu prices may rise a lot in May.
#SHIB/𝗨𝗦𝗗𝗧 #柴犬 #GLM #ETHFI #GAL、
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#柴犬 #美国5月CPI超预期回落 #IO #CPI数据 #狗狗币持续看涨看好飞上月球🚀🚀🚀🚀🚀🚀🚀
Shiba Inu in trouble
Recent analysis suggests that investor interest in Shiba Inu (SHIB) has declined significantly. SHIB's key momentum indicator is showing a strong downtrend with values below its center line.
Notably, SHIB has a Relative Strength Index (RSI) of 38.27 and a Money Flow Index (MFI) of 35.21. These indicators indicate significant selling pressure as both are in lower ranges, indicating potential oversold conditions. Typically, RSI and MFI values above 70 indicate overbought, while values below 30 indicate oversold, indicating a possible market correction.
SHIB's Directional Movement Index (DMI) further confirms this bearish trend, showing the negative Directional Index (red) above the positive Directional Index (green), indicating stronger selling activity than buying activity. This setup suggests that bears continue to control the market and SHIB demand is declining.
Shiba Inu in trouble
Recent analysis suggests that investor interest in Shiba Inu (SHIB) has declined significantly. SHIB's key momentum indicator is showing a strong downtrend with values below its center line.
Notably, SHIB has a Relative Strength Index (RSI) of 38.27 and a Money Flow Index (MFI) of 35.21. These indicators indicate significant selling pressure as both are in lower ranges, indicating potential oversold conditions. Typically, RSI and MFI values above 70 indicate overbought, while values below 30 indicate oversold, indicating a possible market correction.
SHIB's Directional Movement Index (DMI) further confirms this bearish trend, showing the negative Directional Index (red) above the positive Directional Index (green), indicating stronger selling activity than buying activity. This setup suggests that bears continue to control the market and SHIB demand is declining.
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Shiba Inu rebounds strongly! Market sentiment is high!
Shiba Inu (SHIB) has seen a rapid price increase in the last 24 hours, while the destruction rate has also increased by 1,300%, meaning that more than 130 million SHIBs are no longer in circulation. Although the market has been somewhat volatile recently, people are becoming more and more enthusiastic about SHIB.
Often referred to as the "Dogecoin Killer," SHIB has seen a rapid price increase in the last 24 hours, especially after the price dropped to $0.000024 last month. Shiba Inu's price has recovered, approaching $0.00003, and people are interested in this altcoin again.
Despite recent market volatility, Shiba Inu's on-chain data shows that people are still very enthusiastic about it. The latest data shows that Shiba Inu's market value has risen, and its 24-hour trading volume has also increased a lot. These indicators give people confidence in SHIB.
SHIB is also active in the derivatives market. Data shows that SHIB's open interest and trading volume have increased. Technically, $0.000029 is an important resistance level for SHIB. If it can break through this price level, it may continue to rise.
#柴犬 #tnsr #Neo #大盘走势
Shiba Inu (SHIB) has seen a rapid price increase in the last 24 hours, while the destruction rate has also increased by 1,300%, meaning that more than 130 million SHIBs are no longer in circulation. Although the market has been somewhat volatile recently, people are becoming more and more enthusiastic about SHIB.
Often referred to as the "Dogecoin Killer," SHIB has seen a rapid price increase in the last 24 hours, especially after the price dropped to $0.000024 last month. Shiba Inu's price has recovered, approaching $0.00003, and people are interested in this altcoin again.
Despite recent market volatility, Shiba Inu's on-chain data shows that people are still very enthusiastic about it. The latest data shows that Shiba Inu's market value has risen, and its 24-hour trading volume has also increased a lot. These indicators give people confidence in SHIB.
SHIB is also active in the derivatives market. Data shows that SHIB's open interest and trading volume have increased. Technically, $0.000029 is an important resistance level for SHIB. If it can break through this price level, it may continue to rise.
#柴犬 #tnsr #Neo #大盘走势
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💥🐶 Shiba Inu's burn rate soared 2955%, can SHIB's price regain its glory?
ETF negotiations may be a life-saving straw! #柴犬 #SHIBA🚀
🔥 Shocking news! Shiba Inu's token burn rate soared nearly 3000%, but the price is still sluggish! The SHIB community has set off a hot discussion on ETFs. Can the market's optimism reverse the downward trend? 🤔
📈 Shiba Inu's burn rate has skyrocketed recently, cutting nearly 7.5 million SHIB tokens! As some tokens are transferred to dead wallets, market anxiety is rising again! 📉
💼 Marketing director Lucie revealed the details of SHIB ETF negotiations, sparking community enthusiasm! But with large-scale sell-offs, SHIB prices continue to fall, and future trends are full of uncertainty! 😱
🚀 Investors expect SHIB prices to rebound, but face severe challenges! The $0.000025 resistance level may become a breakthrough point. Once successful, SHIB may soar to a new high again! 📈
💰 The market trend is bearish at this stage, but the Shiba Inu community remains optimistic! Pork ETF and market excitement may become the driving force for price increases! Stay tuned
#柴犬幣 #MegadropLista #山寨季何时到来？
ETF negotiations may be a life-saving straw! #柴犬 #SHIBA🚀
🔥 Shocking news! Shiba Inu's token burn rate soared nearly 3000%, but the price is still sluggish! The SHIB community has set off a hot discussion on ETFs. Can the market's optimism reverse the downward trend? 🤔
📈 Shiba Inu's burn rate has skyrocketed recently, cutting nearly 7.5 million SHIB tokens! As some tokens are transferred to dead wallets, market anxiety is rising again! 📉
💼 Marketing director Lucie revealed the details of SHIB ETF negotiations, sparking community enthusiasm! But with large-scale sell-offs, SHIB prices continue to fall, and future trends are full of uncertainty! 😱
🚀 Investors expect SHIB prices to rebound, but face severe challenges! The $0.000025 resistance level may become a breakthrough point. Once successful, SHIB may soar to a new high again! 📈
💰 The market trend is bearish at this stage, but the Shiba Inu community remains optimistic! Pork ETF and market excitement may become the driving force for price increases! Stay tuned
#柴犬幣 #MegadropLista #山寨季何时到来？