If you fall once, you get up again. Now if you fall the second time, you get up again. If you do like this, you will definitely be successful one day. ✅✅
109 Trillion #SHIB Sell Wall Stops Shiba Inu From Hitting New Highs
Shiba Inu (SHIB) is in a triangle configuration that might cause a big move higher. The coin continues to trade in this triangle form, but on-chain data reveals a significant barrier wall that might prevent a short-term SHIB price gain.
IntoTheBlock data shows that 149,120 addresses holding 109 trillion SHIB coins form a fascinating resistance wall around $0.000027.
Shiba Inu Faces Major Challenge After reaching $0.0000287 in late May, Shiba Inu fell to $0.0000237 in early June and has been trading between $0.000023 and $0.000026. Interestingly, ITB data links this price level to resistance worth watching. Bulls have failed to break past a big SHIB sell wall above $0.000026.
Many addresses might sell their shares and prevent price gains, creating tremendous resistance on the sell wall. This sell wall has investors holding between $0.000025 and $0.000030, however the most critical price is slightly around $0.000027.
Shiba Inu requires massive whale and retail investor purchasing power to break this sell wall. Fortunately, whale activity has increased in recent days, with one whale eating over 715 billion SHIB in hours.
SHIB Bulls Continue Push Shiba Inu hasn't reached $0.000030 in two months. Since its two-year peak in March 2024, many traders have sold despite bull accumulation. If Shiba Inu can break this big sell wall, its price might soar. Significant support at $0.000023 prevents SHIB from falling further despite the sell wall.
Current crypto market cap: $2.486 trillion.
TradingView chart SHIB is down 5.35% in 24 hours at $0.00002392. As indicated, the current price movement resembled a triangle price chart structure. SHIB is testing the bottom end of the formation and may fall below $0.000023. A bullish reversal is probable, and the meme currency might climb to the triangle's upper end at $0.000028.
$BTC Bitcoin (BTC) dan Binance Coin (BNB) adalah mata uang kripto terkemuka, masing-masing memiliki fitur dan tujuan unik dalam lanskap aset digital. BTC, sering disebut sebagai emas digital, adalah mata uang kripto pertama dan paling terkenal, dibuat oleh orang atau kelompok anonim dengan nama samaran Satoshi Nakamoto pada tahun 2009. BTC beroperasi pada jaringan terdesentralisasi yang disebut blockchain, menawarkan penyimpan nilai dan a alat tukar di luar sistem keuangan tradisional.
$BNB
Di sisi lain, BNB adalah mata uang kripto asli dari blockchain dan ekosistem Binance, diluncurkan oleh bursa Binance pada tahun 2017. Awalnya dibuat sebagai token utilitas untuk potongan biaya perdagangan di platform Binance, BNB telah berkembang menjadi aset multifungsi yang digunakan untuk berbagai hal. tujuan seperti staking, tata kelola, dan berpartisipasi dalam penjualan token di Binance Launchpad.
Baik BTC maupun BNB telah memperoleh adopsi dan minat investasi yang besar, memberikan kontribusi yang signifikan terhadap pengembangan dan perluasan pasar mata uang kripto.