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SHIB Price Prediction for June 2. SHIB/USD. The rate of SHIB has dropped by 1.76% since yesterday. On the hourly chart, the price of SHIB is on the way to the support level of $0.00002471. If the situation does not change by the end of the day, one can expect a breakout to the $0.00002450 zone. On the daily time frame, the rate of SHIB keeps falling after yesterday's bearish closure. At the moment, one should pay attention to the $0.000024 area. If the decline continues to it, the accumulated strength might be enough for a further decline to $0.000023. The weekly bar is about to close bearish. If nothing changes, traders may witness a test of the $0.000021 range soon. Such a scenario is relevant until mid-June. SHIB is trading at $0.00002435 at press time.

SHIB Price Prediction for June 2.

SHIB/USD.

The rate of SHIB has dropped by 1.76% since yesterday.

On the hourly chart, the price of SHIB is on the way to the support level of $0.00002471. If the situation does not change by the end of the day, one can expect a breakout to the $0.00002450 zone.

On the daily time frame, the rate of SHIB keeps falling after yesterday's bearish closure. At the moment, one should pay attention to the $0.000024 area.

If the decline continues to it, the accumulated strength might be enough for a further decline to $0.000023.

The weekly bar is about to close bearish. If nothing changes, traders may witness a test of the $0.000021 range soon. Such a scenario is relevant until mid-June.

SHIB is trading at $0.00002435 at press time.

Жауапкершіліктен бас тарту туралы мәлімдеме: үшінші тараптардың пікірлері бар. Қаржылық кеңес емес. Ішінде жарнамалық контент болуы мүмкін. Шарттар мен талаптарды қараңыз.
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DOGE Price Prediction for June 2. DOGE/USD. The rate of DOGE has declined by 1.03% since yesterday. Over the last week, the price has fallen by 5.22%. On the hourly chart, the price of DOGE is in the middle of the local channel. However, bulls may seize the initiative if they return to the $0.16 mark. If that happens, there is a chance of a resistance breakout, followed by a move to the $0.1620 zone. On the bigger time frame, the rate is far from the key levels, which means neither bulls nor bears are dominating at the moment. In this case, sideways trading between $0.1550-$0.1650 remains the more likely scenario. From the midterm point of view, the picture is quite similar. A bullish trend reversal might only be possible if bulls fix above the $0.17 area. Until it happens, traders are unlikely to see sharp moves from DOGE. DOGE is trading at $0.1555 at press time.
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Bitcoin Acquisition Analysis BTC. 🤩 Now possession is 54% 🤩 Analysis on a weekly frame to anticipate the movement of the upward cycle of possession. 🤩 Now in the framework of forming the bottom of wave 4 and then launching in the last wave 5 and targeting A target of 60%, then a reversal and entry into a major correction for the acquisition, targeting 47%. 🤩 The expected time period for completing this movement is approximately 4 to 6 months. 🤩 Signal of movement starting with 56% penetration 🤩 As for alternative currencies, the beginning of exiting from them and reaping profits is with the acquisition reaching the goal of 47%.
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Cardano Creator Breaks Silence on ADA Price. The Cardano community has been abuzz with humor and speculation as ADA remains steadfast around the $0.45 mark. Such price stability has spawned a number of memes and jokes, with enthusiasts referring to the token as a "stablecoin." One particularly popular meme shows the Grim Reaper knocking on doors labeled $0.45 per ADA token, symbolizing the token's stable price level. This wave of humor has not gone unnoticed by Charles Hoskinson, the founder of Cardano. Known for rarely addressing the ADA price directly, Hoskinson made an exception and joined in the community's lighthearted take on the situation. He pinned his own version of the Grim Reaper meme, depicting Death in disbelief at ADA's unyielding price. While humorous, Hoskinson's response subtly acknowledged the frustration and curiosity surrounding ADA's price movements. Cardano (ADA) price outlook. Historically, ADA has experienced similar periods of price stagnation. A look at its monthly chart reveals a pattern of prolonged stability at certain price points. Five years ago, ADA hovered around $0.04, and in 2021, it hovered near $1 per token. The current price level of $0.45 is not unprecedented; it has tested traders' patience before. However, unlike the downward trajectory of two years ago, the current trend appears to be upward. The critical question on the minds of Cardano enthusiasts is whether this stability indicates a bullish accumulation phase. If ADA is indeed poised for an upward surge, the waiting period may seem more bearable. However, the unpredictable nature of the cryptocurrency market means that certainty is elusive.
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Millions of SHIB Go Up in Smoke as Shiba Inu Burn Rate Skyrockets by 207%. Dog-themed cryptocurrency Shiba Inu (SHIB) has witnessed a significant surge in token burns, with a remarkable 192% increase in the last 24 hours. The recent surge in burns has led to the removal of millions of SHIB tokens from circulation, with the Shiba Inu community taking part in the activity to create scarcity. According to the Shibburn X account, a total of 4,796,486 SHIB tokens were burned in the last 24 hours, representing a 207.81% increase in burn rate. This notable spike in SHIB token burns comes at a time when the market is eagerly anticipating a significant price shift amid lackluster trading activity in Bitcoin and other major cryptocurrencies, including SHIB. This week's muted action in Bitcoin, which has generally remained in the $67,000-$69,000 zone, coincided with struggles for other risk assets, U.S. stocks among them. Shiba Inu is also experiencing profit-taking, declining into its fourth day after an impressive surge earlier in the week. After three consecutive days of increases, Shiba Inu jumped as much as 20% to reach highs of $0.0000294 on May 29. However, following this impressive ascent, the dog- themed coin is now experiencing a phase of profit-taking as investors seek to capitalize on the gains. At the time of writing, SHIB was down 2.18% in the last 24 hours to $0.00002473, coinciding with a broader market decline that saw most cryptocurrencies trading in red. The market's reaction to the present profit- taking phase might be crucial in determining SHIB's short-term price trajectory. If the selling pressure is absorbed by buyers, the price may stabilize or even continue its upward trajectory. On the other hand, if the profit- taking leads to a more sustained sell-off, it could test the support levels of the SHIB price. In this scenario, Shiba Inu sustaining above the daily SMA 50 at $0.00002454 could be critical in maintaining SHIB's upward price momentum and preventing additional losses.
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