$SHIB Price Forecast: Why Spiking Whale Activity Could Propel Shiba Inu To $0.0001 š„š„
ā¢ Bullish Surge
Shiba Inu Coin sees a sharp increase, surpassing $0.000022, now at $0.00002251, marking a 7% surge amidst ongoing market fluctuations
ā¢ Growing Interest
Trading volume spikes by 20% to $886 million, with market cap rising 6% to $13.26 billion, securing #11 rank Stagnation over the past week encourages accumulation despite a broader market downturn
ā¢ Whale Activity
Large-scale transactions surge by 165%, with a notable transfer of nearly 2 trillion SHIB tokens on Robinhood, fueling speculation
ā¢ Price Forecast
Facing resistance at $0.00002315, breaking through could propel SHIB to $0.000025 and possibly $0.0001. Conversely, downturns may test support at $0.000022 and $0.00002
Technical analysis indicates a balanced RSI at 42, but MACD suggests potential short-term bearish momentum
Key Takeaway
Amidst rallying whale activity Shiba Inu's price forecast remains dynamic. Keep an eye on key levels and technical indicators for potential market movements