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Transforming $100 in Shiba Inu (SHIB) & Dogecoin (DOGE): What Could It Be Worth by 2026?
$SHIB
$DOGE
Ever imagined the possibilities of investing $100 in Shiba Inu (SHIB) or Dogecoin (DOGE)? Both of these meme-inspired cryptocurrencies have captured global attention with their astonishing market performances. As we look toward 2026, could a small investment in these tokens evolve into a substantial profit? Let’s explore the potential growth and opportunities they may hold for patient investors.
The Potential of Long-Term Holding 🕒
In the volatile world of cryptocurrencies, patience often pays off. SHIB and DOGE have proven that what starts as a joke can turn into significant financial opportunities. Holding onto these tokens through market fluctuations and believing in their long-term vision could lead to exceptional returns.
Past Performance and Future Projections 📈
Shiba Inu (SHIB):
SHIB achieved a meteoric rise in 2021, climbing from $0.00000001 to $0.000088—a jaw-dropping increase of over 800%. Despite market corrections, SHIB remains a prominent meme coin, backed by its expanding ecosystem, including ShibaSwap and the Shiba Metaverse. Analysts predict SHIB could achieve a 10x gain by 2026, potentially reaching $0.0001. A $100 investment today (at $0.00001) would buy 10 million SHIB tokens, translating into $1,000 if the price multiplies tenfold.
Dogecoin (DOGE):
DOGE’s rise from $0.002 to $0.73 in 2021 cemented its place as the pioneer of meme coins. Celebrity endorsements and community support have kept it relevant, and potential mainstream adoption continues to fuel optimism. If DOGE achieves a price of $1 by 2026, a $100 investment today could grow to $1,428.57, based on a projected 14x increase.
The Takeaway: Opportunity in Meme Coins 💡
While cryptocurrencies are inherently unpredictable, Shiba Inu and Dogecoin remain compelling choices for those willing to embrace the risks of high-volatility markets. With their strong communities and ambitious roadmaps, these coins could surprise even the skeptics. By 2026, a modest $100 investment in either coin might lead to significant returns if current trends and developments persist.
Always approach cryptocurrency investments with caution. Diversify, stay informed, and only invest what you can afford to lose. Meme coins like SHIB and DOGE embody both high risks and high rewards, but for those with a strategic mindset and a long-term outlook, they hold exciting possibilities.
#CryptoPotential #SHIBFuture #DOGERise #LongTermInvesting #Crypto2026
$DOGE
Ever imagined the possibilities of investing $100 in Shiba Inu (SHIB) or Dogecoin (DOGE)? Both of these meme-inspired cryptocurrencies have captured global attention with their astonishing market performances. As we look toward 2026, could a small investment in these tokens evolve into a substantial profit? Let’s explore the potential growth and opportunities they may hold for patient investors.
The Potential of Long-Term Holding 🕒
In the volatile world of cryptocurrencies, patience often pays off. SHIB and DOGE have proven that what starts as a joke can turn into significant financial opportunities. Holding onto these tokens through market fluctuations and believing in their long-term vision could lead to exceptional returns.
Past Performance and Future Projections 📈
Shiba Inu (SHIB):
SHIB achieved a meteoric rise in 2021, climbing from $0.00000001 to $0.000088—a jaw-dropping increase of over 800%. Despite market corrections, SHIB remains a prominent meme coin, backed by its expanding ecosystem, including ShibaSwap and the Shiba Metaverse. Analysts predict SHIB could achieve a 10x gain by 2026, potentially reaching $0.0001. A $100 investment today (at $0.00001) would buy 10 million SHIB tokens, translating into $1,000 if the price multiplies tenfold.
Dogecoin (DOGE):
DOGE’s rise from $0.002 to $0.73 in 2021 cemented its place as the pioneer of meme coins. Celebrity endorsements and community support have kept it relevant, and potential mainstream adoption continues to fuel optimism. If DOGE achieves a price of $1 by 2026, a $100 investment today could grow to $1,428.57, based on a projected 14x increase.
The Takeaway: Opportunity in Meme Coins 💡
While cryptocurrencies are inherently unpredictable, Shiba Inu and Dogecoin remain compelling choices for those willing to embrace the risks of high-volatility markets. With their strong communities and ambitious roadmaps, these coins could surprise even the skeptics. By 2026, a modest $100 investment in either coin might lead to significant returns if current trends and developments persist.
Always approach cryptocurrency investments with caution. Diversify, stay informed, and only invest what you can afford to lose. Meme coins like SHIB and DOGE embody both high risks and high rewards, but for those with a strategic mindset and a long-term outlook, they hold exciting possibilities.
#CryptoPotential #SHIBFuture #DOGERise #LongTermInvesting #Crypto2026
🚀 SHIB: Ready for a Breakout or More Consolidation? 🔥 #SHİB #SHIBFuture
🧐 Introduction
SHIB is currently trading at $0.00001998 (+0.65%), with 2.44T SHIB traded in the last 24 hours. After reaching a high of $0.00002057, SHIB is consolidating. Will we see a breakout or more sideways movement?
📊 Technical Analysis
🔹 Bollinger Bands: Price hovering near the middle band, indicating consolidation.
🔹 Moving Averages: SHIB trading close to MA(5) & MA(10), suggesting indecision in the market.
Support & Resistance:
🟢 Support: $0.00001949
🔴 Resistance: $0.00002057
🎯 Trading Strategy
✅ Bullish Case: A breakout above $0.00002057 could push SHIB towards $0.000022+.
❌ Bearish Case: If the price breaks below $0.00001949, a drop to $0.000018 or lower is possible.
🔮 Future Outlook
SHIB’s recent price action suggests a potential breakout. Traders should watch volume and price action closely for confirmation before entering.
🏆 Pro Tip
Look for increasing volume and bullish confirmation before making a move.
⚠ Disclaimer
This is not financial advice. Always do your own research before investing.
📢 Follow me for more crypto insights! 🚀🔥
🧐 Introduction
SHIB is currently trading at $0.00001998 (+0.65%), with 2.44T SHIB traded in the last 24 hours. After reaching a high of $0.00002057, SHIB is consolidating. Will we see a breakout or more sideways movement?
📊 Technical Analysis
🔹 Bollinger Bands: Price hovering near the middle band, indicating consolidation.
🔹 Moving Averages: SHIB trading close to MA(5) & MA(10), suggesting indecision in the market.
Support & Resistance:
🟢 Support: $0.00001949
🔴 Resistance: $0.00002057
🎯 Trading Strategy
✅ Bullish Case: A breakout above $0.00002057 could push SHIB towards $0.000022+.
❌ Bearish Case: If the price breaks below $0.00001949, a drop to $0.000018 or lower is possible.
🔮 Future Outlook
SHIB’s recent price action suggests a potential breakout. Traders should watch volume and price action closely for confirmation before entering.
🏆 Pro Tip
Look for increasing volume and bullish confirmation before making a move.
⚠ Disclaimer
This is not financial advice. Always do your own research before investing.
📢 Follow me for more crypto insights! 🚀🔥
Which Coin is Best for #BecomeBillionaire In 2025?
I need #Topcryptotraders suggestions about for new investors or bigenner traders.
Which Coin is Best for investment $SHIB or $PEPE ? Personally I'm thinking to invest in $SHIB but I'm not sure about, what I need to do ?
Please give me your honest opinion in comments.
#MarketNewHype
#SHIBFuture
#pepe⚡
I need #Topcryptotraders suggestions about for new investors or bigenner traders.
Which Coin is Best for investment $SHIB or $PEPE ? Personally I'm thinking to invest in $SHIB but I'm not sure about, what I need to do ?
Please give me your honest opinion in comments.
#MarketNewHype
#SHIBFuture
#pepe⚡
Hello Binance experts
How does future trading work, how to know when the market will go up and when it will come down, so that there is no loss and profit is maintained.
#future #TrendingTopic
#SHIBFuture
How does future trading work, how to know when the market will go up and when it will come down, so that there is no loss and profit is maintained.
#future #TrendingTopic
#SHIBFuture
🚀 Shiba Inu and the $1 Dream: Is It Possible in Our Lifetime? Shiba Inu ($SHIB), one of the most p
Shiba Inu ($SHIB ), one of the most popular meme coins, is now making waves with its Shibarium Layer-2 network, set to launch SHIB token burns starting January 2024. This development could be a game-changer, but the burning question remains: Can SHIB hit $1? And how long would it take?
---
Shibarium’s Role in Burning SHIB
According to the Shiba Inu team, Shibarium will burn SHIB tokens through transaction fees, with 70% of the fees going toward burns and the remaining 30% allocated to maintaining the network’s operations. Here’s how it works:
1. Transaction Fees in BONE: Shibarium collects fees in the governance token $BONE, used as gas for transactions.
2. Conversion to SHIB: Once these fees reach a threshold of $25,000, they are converted into SHIB.
3. Burn Mechanism: The converted SHIB is then permanently removed from circulation, reducing the token supply.
This process ensures a deflationary impact on SHIB’s massive circulating supply of 589 trillion tokens. However, how effective will this burn mechanism be?
---
The Math Behind $1 SHIB
Let’s explore the timeline for Shiba Inu to hit $1 based on current burn rates:
Annual Burn Rate: Assuming Shibarium burns 3 trillion SHIB tokens annually, it would take 98 years to bring the supply down to a level where SHIB could reach $1.
A Faster Path: To achieve $1 within a realistic timeframe, Shibarium would need to burn 100 trillion SHIB tokens annually—a monumental task requiring a massive increase in adoption and transaction volume.
---
Adoption Challenges and Market Realities
While Shibarium’s burn mechanism is a step forward, SHIB faces several challenges:
Oversupply vs. Demand: With 589 trillion tokens in circulation and just 1.3 million holders, demand hasn’t caught up with supply.
Adoption Lag: Broader adoption is critical, yet SHIB’s current market dynamics limit its price movement, causing stagnation or dips.
Community Engagement: Sustained enthusiasm and utility-driven use cases are essential to fuel growth and adoption.
---
The Future of SHIB
Here’s what needs to happen for SHIB to have a shot at $1:
1. Accelerated Burns: Shibarium must scale up its burn rate significantly, potentially with over 100 trillion tokens burned yearly.
2. Increased Adoption: Wider adoption through innovative use cases, including DeFi, gaming, and payments, is crucial.
3. Demand Surge: Community-driven initiatives and increased utility could create a supply-demand equilibrium, boosting SHIB’s price.
---
Bottom Line
While Shibarium’s launch is an exciting development, the dream of $1 SHIB remains a distant reality under current conditions. Without significant scaling in burn rates and adoption, it’s unlikely we’ll see Shiba Inu achieve this milestone in our lifetime.
However, Shiba Inu continues to evolve, and the community’s passion is undeniable. Who knows what the future holds? Stay tuned and keep an eye on Shibarium’s progress—this story is far from over.
#SHIBArmy #ShibariumLaunch #CryptoBurns #SHIBFuture
$SHIB
---
Shibarium’s Role in Burning SHIB
According to the Shiba Inu team, Shibarium will burn SHIB tokens through transaction fees, with 70% of the fees going toward burns and the remaining 30% allocated to maintaining the network’s operations. Here’s how it works:
1. Transaction Fees in BONE: Shibarium collects fees in the governance token $BONE, used as gas for transactions.
2. Conversion to SHIB: Once these fees reach a threshold of $25,000, they are converted into SHIB.
3. Burn Mechanism: The converted SHIB is then permanently removed from circulation, reducing the token supply.
This process ensures a deflationary impact on SHIB’s massive circulating supply of 589 trillion tokens. However, how effective will this burn mechanism be?
---
The Math Behind $1 SHIB
Let’s explore the timeline for Shiba Inu to hit $1 based on current burn rates:
Annual Burn Rate: Assuming Shibarium burns 3 trillion SHIB tokens annually, it would take 98 years to bring the supply down to a level where SHIB could reach $1.
A Faster Path: To achieve $1 within a realistic timeframe, Shibarium would need to burn 100 trillion SHIB tokens annually—a monumental task requiring a massive increase in adoption and transaction volume.
---
Adoption Challenges and Market Realities
While Shibarium’s burn mechanism is a step forward, SHIB faces several challenges:
Oversupply vs. Demand: With 589 trillion tokens in circulation and just 1.3 million holders, demand hasn’t caught up with supply.
Adoption Lag: Broader adoption is critical, yet SHIB’s current market dynamics limit its price movement, causing stagnation or dips.
Community Engagement: Sustained enthusiasm and utility-driven use cases are essential to fuel growth and adoption.
---
The Future of SHIB
Here’s what needs to happen for SHIB to have a shot at $1:
1. Accelerated Burns: Shibarium must scale up its burn rate significantly, potentially with over 100 trillion tokens burned yearly.
2. Increased Adoption: Wider adoption through innovative use cases, including DeFi, gaming, and payments, is crucial.
3. Demand Surge: Community-driven initiatives and increased utility could create a supply-demand equilibrium, boosting SHIB’s price.
---
Bottom Line
While Shibarium’s launch is an exciting development, the dream of $1 SHIB remains a distant reality under current conditions. Without significant scaling in burn rates and adoption, it’s unlikely we’ll see Shiba Inu achieve this milestone in our lifetime.
However, Shiba Inu continues to evolve, and the community’s passion is undeniable. Who knows what the future holds? Stay tuned and keep an eye on Shibarium’s progress—this story is far from over.
#SHIBArmy #ShibariumLaunch #CryptoBurns #SHIBFuture
$SHIB
"Shiba Inu's Howling Success: Lead Developer Celebrates as BONE Lands on Fresh Exchange"
Leading Crypto Lending Platform CoinRabbit Rapidly Integrates Shiba Inu Governance Token, Bone ShibaSwap (BONE) Amidst Unprecedented Community Support.
Read more on: https://thecryptobasic.com/2023/12/08/shiba-inu-lead-developer-reacts-as-bone-gets-new-listing/
#SHIBFuture #SHIBAStrong #BondMarketSurge #BoneShibaswap #CryptoisBetter
Read more on: https://thecryptobasic.com/2023/12/08/shiba-inu-lead-developer-reacts-as-bone-gets-new-listing/
#SHIBFuture #SHIBAStrong #BondMarketSurge #BoneShibaswap #CryptoisBetter
With its low transaction fees and rapidly growing network of supporters, Dogecoin has proven that it is more than just a meme – it is a cultural phenomenon with staying power. As 2025 progresses, Musk’s focus on crypto, as well as the attention of the industry, will ensure that DOGE remains a major crypto for 2025$SHIB #CryptoSurge2025 SHIBUSDT PEPE DOGE Binance BinanceSquareFamily#SHIBNEWS #SHIBFuture #Share2Earn #Market_Update
Shiba Inu’s incredible rise in 2021, with its price skyrocketing by 107,499,900%, grabbed everyone’s attention. But can SHIB reach $1 by 2025?
For this to happen, almost 99.99998% of SHIB’s huge supply would need to be burned, leaving just 13 billion tokens. At the current burn rate of 2.4 billion tokens per month, it would take over 20,000 years to burn enough tokens. Even if the burn rate speeds up, burning alone won’t be enough to make SHIB reach $1.
For SHIB’s value to grow significantly, it needs real-world use cases, like being used in DeFi platforms or the metaverse. While hype and speculation might lead to short-term price jumps, reaching $1 by 2025 seems nearly impossible$SHIB #SHIBUSDT #SHIBNEWS✅ #SHIBUpdate #SHIBFuture #Shibburning
For this to happen, almost 99.99998% of SHIB’s huge supply would need to be burned, leaving just 13 billion tokens. At the current burn rate of 2.4 billion tokens per month, it would take over 20,000 years to burn enough tokens. Even if the burn rate speeds up, burning alone won’t be enough to make SHIB reach $1.
For SHIB’s value to grow significantly, it needs real-world use cases, like being used in DeFi platforms or the metaverse. While hype and speculation might lead to short-term price jumps, reaching $1 by 2025 seems nearly impossible$SHIB #SHIBUSDT #SHIBNEWS✅ #SHIBUpdate #SHIBFuture #Shibburning
🚨 SHIBA INU ALERT: U.S. GOVERNMENT MOVES 54 BILLION SHIB TOKENS – 22% OF SUPPLY! 🚨
The crypto world is in a frenzy after the U.S. government transferred a massive 54 billion SHIB tokens – a staggering 22% of the total circulating supply! This game-changing move has ignited intense speculation and market volatility. What does it mean for Shiba Inu’s future? Let’s dive in!
🔥 Key Details:
💥 54 Billion SHIB Moved: Valued at a jaw-dropping $1.2 Billion!
❓ Purpose Still Unknown: Why did the U.S. government make this massive transfer? Is it a sign of bigger things to come?
📉 Market Chaos: SHIB’s price is already experiencing wild fluctuations – will this boost or crash its value? Investors are on edge!
⚖️ Community Reactions:
🚨 Concerns: Will this flood the market and destabilize SHIB's value? Investors are worried about massive price swings!
🌟 Optimism: Some believe this could signal huge developments for SHIB – new partnerships, utilities, and a major boost to legitimacy in the crypto space!
💥 What’s Next for SHIB? 1️⃣ Increased Trading Activity: Expect wild price swings as traders react to this unprecedented move! 2️⃣ Speculation Ramps Up: Is the government involved in a broader crypto strategy, or is this a prelude to something bigger? 3️⃣ Potential Ecosystem Changes: Could we be seeing major innovations or partnerships that will reshape SHIB’s future?
⚔️ Investor Strategy:
✅ Stay Informed: Keep your finger on the pulse as more info comes out.
⚠️ Prepare for Volatility: The rollercoaster is far from over – plan your moves carefully!
💡 Analyze the Bigger Picture: This could be a huge turning point for Shiba Inu, or a temporary bump in the road.
The crypto community is buzzing, and SHIB’s future is at a crossroads. Will this massive transfer lead to new heights for the Shiba Inu ecosystem, or will it trigger a crash? The coming days will be crucial – stay tuned as this wild ride unfolds! 🚀
#Shibainuholder #shiba⚡ #CryptoNewss #ShibaArmy #SHIBFuture
🔥 Key Details:
💥 54 Billion SHIB Moved: Valued at a jaw-dropping $1.2 Billion!
❓ Purpose Still Unknown: Why did the U.S. government make this massive transfer? Is it a sign of bigger things to come?
📉 Market Chaos: SHIB’s price is already experiencing wild fluctuations – will this boost or crash its value? Investors are on edge!
⚖️ Community Reactions:
🚨 Concerns: Will this flood the market and destabilize SHIB's value? Investors are worried about massive price swings!
🌟 Optimism: Some believe this could signal huge developments for SHIB – new partnerships, utilities, and a major boost to legitimacy in the crypto space!
💥 What’s Next for SHIB? 1️⃣ Increased Trading Activity: Expect wild price swings as traders react to this unprecedented move! 2️⃣ Speculation Ramps Up: Is the government involved in a broader crypto strategy, or is this a prelude to something bigger? 3️⃣ Potential Ecosystem Changes: Could we be seeing major innovations or partnerships that will reshape SHIB’s future?
⚔️ Investor Strategy:
✅ Stay Informed: Keep your finger on the pulse as more info comes out.
⚠️ Prepare for Volatility: The rollercoaster is far from over – plan your moves carefully!
💡 Analyze the Bigger Picture: This could be a huge turning point for Shiba Inu, or a temporary bump in the road.
The crypto community is buzzing, and SHIB’s future is at a crossroads. Will this massive transfer lead to new heights for the Shiba Inu ecosystem, or will it trigger a crash? The coming days will be crucial – stay tuned as this wild ride unfolds! 🚀
#Shibainuholder #shiba⚡ #CryptoNewss #ShibaArmy #SHIBFuture
Shiba Inu: How Many Years Will SHIB Take To Reach $1?
The Shiba Inu team confirmed on Monday that the Shibarium layer-2 network will begin burning SHIB tokens from January 2024. Read here to learn more details about how many SHIB tokens will be burned by Shibarium every year for a better and in-depth understanding.
According to the latest blog, 70% of the transaction fees initiated on Shibarium will be used to burn SHIB tokens. The rest 30% of the funds will be used to maintain the network helping it to run smoothly and efficiently.
Shibarium will collect fees in the governance Bone token, which is used as gas to conduct transactions on the network. Bone tokens will then be converted into SHIB automatically after it reaches a threshold of $25,000 in value. After the conversion is completed, Shibarium will burn SHIB tokens and permanently remove it from circulation.
However, now that Shibarium is confirmed to burn SHIB tokens, is there a possibility for Shiba Inu to reach $1? In this article, we will highlight how many years it could take for Shiba Inu to hit the $1 mark through burns from Shibarium.
Shiba Inu: How Long For SHIB To Reach $1?
If everything goes right and assume that Shibarium burns 3 trillion tokens every year, it would still not make SHIB reach $1 in our lifetime. The dynamics here come into play differently as the supply would remain plenty with demand being scarce.
For the context, Shiba Inu has 589 trillion tokens in circulation and hardly just 1.3 million holders. The adoption is not catching up with the circulation making its price to either dip or remain constant.
In conclusion, even if Shibarium burns 3 trillion SHIB tokens every year, it would take 98 years for Shiba Inu to reach $1. That’s simply not possible in our lifetime. However, if Shibarium manages to burn more than 100 trillion tokens per year, only then could Shiba Inu have any chances of hitting $1 before our lifetime.
#SHIBFuture #SHIBSurge
The Shiba Inu team confirmed on Monday that the Shibarium layer-2 network will begin burning SHIB tokens from January 2024. Read here to learn more details about how many SHIB tokens will be burned by Shibarium every year for a better and in-depth understanding.
According to the latest blog, 70% of the transaction fees initiated on Shibarium will be used to burn SHIB tokens. The rest 30% of the funds will be used to maintain the network helping it to run smoothly and efficiently.
Shibarium will collect fees in the governance Bone token, which is used as gas to conduct transactions on the network. Bone tokens will then be converted into SHIB automatically after it reaches a threshold of $25,000 in value. After the conversion is completed, Shibarium will burn SHIB tokens and permanently remove it from circulation.
However, now that Shibarium is confirmed to burn SHIB tokens, is there a possibility for Shiba Inu to reach $1? In this article, we will highlight how many years it could take for Shiba Inu to hit the $1 mark through burns from Shibarium.
Shiba Inu: How Long For SHIB To Reach $1?
If everything goes right and assume that Shibarium burns 3 trillion tokens every year, it would still not make SHIB reach $1 in our lifetime. The dynamics here come into play differently as the supply would remain plenty with demand being scarce.
For the context, Shiba Inu has 589 trillion tokens in circulation and hardly just 1.3 million holders. The adoption is not catching up with the circulation making its price to either dip or remain constant.
In conclusion, even if Shibarium burns 3 trillion SHIB tokens every year, it would take 98 years for Shiba Inu to reach $1. That’s simply not possible in our lifetime. However, if Shibarium manages to burn more than 100 trillion tokens per year, only then could Shiba Inu have any chances of hitting $1 before our lifetime.
#SHIBFuture #SHIBSurge
Ângelo Viegas:
It has already started to burn but not the amount needed to make a difference since there are more than 500 trillion
👉Sideline Investors Eye SHIB Accumulation Between $0.000019 and $0.000021
Tuesday's Shiba Inu price is at $0.000021 after retesting and rebounding off crucial support the day before.
A daily candlestick closing below $0.000019 would disprove bullishness.
On Tuesday, Shiba Inu (SHIB) price is at $0.000021 after retesting and rebounding off crucial support the day before. Support levels from $0.000019 to $0.000021 allow sideline investors to buy SHIB.
Shiba Inu pricing may recover.
Monday's Shiba Inu price fell below $0.000019, its daily support level. The 61.8% Fibonacci retracement from the August 5 low of $0.000010 to the December 8 high of $0.000033 makes this support level a critical reversal zone. It trades above its 200-day Exponential Moving Average (EMA) at $0.000021 on Tuesday.
SHIB may continue the advance to $0.000028 if $0.000019 holds as support and it closes over $0.000022 weekly barrier.
The daily RSI is 44, below its neutral threshold of 50, suggesting mild bearish momentum. The Moving Average Convergence Divergence (MACD) indicator flattens around zero, indicating trader indecision.
However, on-chain data suggests Shiba Inu pricing will rise. At an average price of $0.000021, 17,160 addresses acquired 3.22 trillion SHIB coins, according to IntoTheBlock's IOMAP. This reversal level is important because many investors may add to their holdings if the price declines.
Technically, the $0.000019 to $0.000021 support level matches IOMAP results, making it a key reversal point.
According to Coinglass's OI-Weighted Funding Rate statistics, more traders expect SHIB to rise than decline.
This indicator uses futures yields weighted by open interest rates. Bullishness is shown by a positive rate (longs pay shorts), and bearishness by a negative rate.
SHIB has 0.0103%, a positive rate. This circumstance frequently indicates market bullishness, predicting Shiba Inu's price may rise2️⃣0️⃣2️⃣5️⃣$SHIB #Shibinu #SHIBFuture #like_share_follow
Tuesday's Shiba Inu price is at $0.000021 after retesting and rebounding off crucial support the day before.
A daily candlestick closing below $0.000019 would disprove bullishness.
On Tuesday, Shiba Inu (SHIB) price is at $0.000021 after retesting and rebounding off crucial support the day before. Support levels from $0.000019 to $0.000021 allow sideline investors to buy SHIB.
Shiba Inu pricing may recover.
Monday's Shiba Inu price fell below $0.000019, its daily support level. The 61.8% Fibonacci retracement from the August 5 low of $0.000010 to the December 8 high of $0.000033 makes this support level a critical reversal zone. It trades above its 200-day Exponential Moving Average (EMA) at $0.000021 on Tuesday.
SHIB may continue the advance to $0.000028 if $0.000019 holds as support and it closes over $0.000022 weekly barrier.
The daily RSI is 44, below its neutral threshold of 50, suggesting mild bearish momentum. The Moving Average Convergence Divergence (MACD) indicator flattens around zero, indicating trader indecision.
However, on-chain data suggests Shiba Inu pricing will rise. At an average price of $0.000021, 17,160 addresses acquired 3.22 trillion SHIB coins, according to IntoTheBlock's IOMAP. This reversal level is important because many investors may add to their holdings if the price declines.
Technically, the $0.000019 to $0.000021 support level matches IOMAP results, making it a key reversal point.
According to Coinglass's OI-Weighted Funding Rate statistics, more traders expect SHIB to rise than decline.
This indicator uses futures yields weighted by open interest rates. Bullishness is shown by a positive rate (longs pay shorts), and bearishness by a negative rate.
SHIB has 0.0103%, a positive rate. This circumstance frequently indicates market bullishness, predicting Shiba Inu's price may rise2️⃣0️⃣2️⃣5️⃣$SHIB #Shibinu #SHIBFuture #like_share_follow