BOSS Wallet data source, Shiba Inu today's price, SHIB latest price broke through $0.000018304, an increase of 2.02%, trading volume $501 million
According to the analysis of the K-line chart, it is now in a volatile trend. Compared with 11:00, it has risen significantly and broken through the high point of 04:00. When the price and trading volume rise synchronously, it usually means that the market has strong buying support.
Buyers are actively trading at higher price levels, showing optimistic market sentiment and strong bullish sentiment. In this case, prices are likely to continue to rise in the future as market momentum is strong and buying continues to increase.
Investors should pay close attention to the breakthrough of key resistance levels. If the price can continue to break through and stabilize at a higher level, it indicates the continuation of the upward trend. The market momentum is strong and trading is active. According to the Williams indicator, the current market state is not overbought or oversold.
Trading volume has increased recently, with more trading volume than in previous hours, and both price and volume rising at the same time: trading is active and the upward momentum is strong.
The market has strong upward momentum and it is recommended to continue holding, but be cautious and set a stop loss point.
The above content is for reference only and does not constitute investment advice.