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#Shiba Inu (SHIB) has experienced a slight price increase of 0.18% over the past hour, bringing its current price to $0.00002479. However, on a 24-hour scale, SHIB's price has declined by 0.28%, with its market capitalization decreasing by 0.13% to $14.6 billion. Notably, the token burning activities have significantly reduced, with only 2,690,693 tokens burned in the past 24 hours—a 57.28% decrease from the previous day. Over the past week, 46,572,296 tokens were burned, reflecting a 26.82% reduction in burning activities. Despite these fluctuations, the total supply remains vast at approximately 589 trillion tokens. From a technical analysis perspective, SHIB's price chart indicates a short-term rising wedge pattern, typically considered bearish. This pattern is characterized by upward price consolidation within a narrowing range, suggesting a potential downside breakout. Supporting this bearish outlook, the volume oscillator shows a 29.01% decrease in trading volume, implying weakening buying pressure. Additionally, the Money Flow Index (MFI) is at 23.92, indicating SHIB might be nearing oversold conditions, which could signal a potential reversal or pause in the current selling pressure. Investors and traders are closely watching these indicators to navigate the ongoing volatility in the Shiba Inu market. #SHIBA $SHIB #SHIB #Write2Earn

#Shiba Inu (SHIB) has experienced a slight price increase of 0.18% over the past hour, bringing its current price to $0.00002479. However, on a 24-hour scale, SHIB's price has declined by 0.28%, with its market capitalization decreasing by 0.13% to $14.6 billion. Notably, the token burning activities have significantly reduced, with only 2,690,693 tokens burned in the past 24 hours—a 57.28% decrease from the previous day. Over the past week, 46,572,296 tokens were burned, reflecting a 26.82% reduction in burning activities. Despite these fluctuations, the total supply remains vast at approximately 589 trillion tokens.

From a technical analysis perspective, SHIB's price chart indicates a short-term rising wedge pattern, typically considered bearish. This pattern is characterized by upward price consolidation within a narrowing range, suggesting a potential downside breakout. Supporting this bearish outlook, the volume oscillator shows a 29.01% decrease in trading volume, implying weakening buying pressure. Additionally, the Money Flow Index (MFI) is at 23.92, indicating SHIB might be nearing oversold conditions, which could signal a potential reversal or pause in the current selling pressure. Investors and traders are closely watching these indicators to navigate the ongoing volatility in the Shiba Inu market.

#SHIBA $SHIB #SHIB #Write2Earn

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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$NOT $JASMY $PEPE ### Market Analysis Update: #### 1️⃣ NOT Analysis: - **Recent Performance**: NOT has recently penetrated the 0.013000 area, reaching up to 0.013260. - **Current Position**: RSI at 64.67 on the 15-minute chart, indicating room for growth towards the 70.00-75.00 range. - **Potential Movements**: - **Short-term (15M)**: Correction likely towards 0.012400 before potential rise to 0.013500 or 0.014500. - **Mid-term (4H)**: High likelihood of a correction from the 82.45 RSI level, with a potential decline to the 75.68 area due to overbought conditions. #### 2️⃣ PEPE Analysis: - **Recent Performance**: Currently negative but attempting to rise from 0.00001450 to 0.00001500. - **Key Indicators**: - **RSI**: Needs to breach 46.25 and close above 50.00 on the 4H chart to turn positive. - **Potential Movements**: - **Bullish Scenario**: If 0.00001500 is breached and held, positive movement expected. - **Bearish Scenario**: Failure to hold 0.00001500 may lead to testing support areas around 0.00001400 to 0.00001318, considered buy zones. #### 3️⃣ JASMY Analysis: - **Recent Performance**: Peaked at 0.032000 but faces a potential sharp correction. - **Key Indicators**: - **RSI**: Negative on both 1H (70.00 area) and 4H (71.76 area), indicating possible downtrend. - **Potential Movements**: - **Bearish Scenario**: Likely to see a correction to the 0.027000 area with strong support around 0.029100. - **Volatility**: A break below 70.00 RSI could lead to a significant drop, suggesting heightened caution. This analysis is based on current market indicators and should not be taken as financial advice. Always conduct your own research (DYOR) before making any investment decisions. #BTC #ETH #NOT #PEPE #JASMY
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Your proposed portfolio diversification among low-priced altcoins seems strategic, targeting different sectors with growth potential. Here’s a summary of your investment plan and the rationale behind each choice: $BTTC $VET $DENT 1. **Dent (DENT)** - **Investment:** $250 - **Price:** $0.0013 - **Tokens Acquired:** 192,308 DENT - **Rationale:** Dent aims to disrupt the telecom industry by creating a global marketplace for mobile data. If successful, it could significantly increase in value as it addresses a major market need. 2. **VeChain (VET)** - **Investment:** $300 - **Price:** $0.035 - **Tokens Acquired:** 8,571 VET - **Rationale:** VeChain focuses on supply chain management and has established partnerships with several major corporations. Its real-world applications and use cases in logistics and anti-counterfeiting could drive demand and adoption. 3. **BitTorrent (BTTC)** - **Investment:** $200 - **Price:** $0.00000120 - **Tokens Acquired:** 166.67 million BTTC - **Rationale:** BitTorrent, integrated with the Tron blockchain, supports decentralized file sharing. The sheer volume of tokens acquired means even small price increases could yield significant returns, assuming the network’s utility grows. 4. **Verasity (VRA)** - **Investment:** $100 - **Price:** $0.0056 - **Tokens Acquired:** 17,857 VRA - **Rationale:** Verasity aims to revolutionize video advertising and esports. With the esports industry booming and digital advertising evolving, Verasity's technology could see widespread adoption, driving its value higher. **Total Investment: $850** **Disclaimer:** Ensure to conduct your own research before making any investment decisions. Cryptocurrency investments carry significant risks, and prices can be highly volatile. Use funds that you can afford to lose, and consider diversifying your investments to mitigate risks. #Megadrop #VeChain #Btttc #DegenKongZ #Safemoon
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