Shiba Inu price will rise 18% after three-month downturn

The 200-week Exponential Moving Average supports Shiba Inu at $0.00001694.

According to on-chain statistics, SHIB capitulated on June 24 and is ready to rise.

A weekly candlestick closing below $0.00001690 would disprove bullishness.

Shiba Inu (SHIB) is up 2.3% on Wednesday after finding support around the 200-week Exponential Moving Average. On-chain data shows SHIB capitulated on June 24, cutting exchange supply, indicating bullish momentum might propel its price higher in the following days.

Shiba Inu pricing is promising.
Shiba Inu price is 2.3% above the 200-week Exponential Moving Average (EMA) at $0.00001694 and is trading at $0.00001757 on Wednesday.

The 200-week Exponential Moving Average matches the critical weekly support level of $0.00001690.

If this support level holds, SHIB may rise 18% to retest its resistance level at $0.0000208, the 61.8% Fibonacci retracement level from the weekly swing low of $0.0000054 from June 5, 2023, to the weekly swing high of $0.00004575 from March 4, 2024

Relative Strength Index (RSI) on weekly chart momentarily fell below 50 mean, while Awesome Oscillator (AO) is approaching it. If bulls are making a return, both momentum indicators must stay above their mean levels. Such such event would boost the recovery rally.

IntoTheBlock's Global In/Out of the Money (GIOM) showed almost 60,110 addresses with 58.85 trillion SHIB tokens at $0.000016.These addresses purchased the dog-based meme coin between $0.000014 and $0.000017, a critical support zone. If the price retraces, these investors may buy more.

Technical analysis suggests the $0.000014 to $0.000017 zone is a critical reversal zone, and the GIOM results match.

#SHIB $SHIB

🚨🚨🚨Binance exchange will delist 7 crypto trading pairs

Binance exchange, which has recently listed a large number of coins and removed a significant number of cryptocurrencies from the list, announced on June 28 that 7 trading pairs will form the basis of the platform.

Binance exchange, which is the world's largest cryptocurrency exchange and therefore both listing and delisting statements are of great importance, will delist 7 crypto trading pairs.

The platform's target trading pairs at 03:00 UTC on June 28 are as follows:

BLUR/FDUSD, #LINK /TUSD, MEME/ETH, METIS/FDUSD, NFP/BNB, OSMO/BTC, #SHIB /TUSD

It was emphasized that the changes made will not affect the coin transactions of the pairs that will be removed from the list. In other words, the relevant coins will continue to be on the exchange with other trading pairs.

Spot trading bot services for trading pairs will be terminated on the same day or later.
#binance #delisting

$SHIB UN VETERINARIO URGENTE!!!!!
Se desangra el perro que alguna vez fue tan querido y hoy termina camino el sótano del los objetos abandonados.
Crees que ganará otro cero, o lo perderá?
Volveremos a precios de finales del 2023?
Según gráficos y datos, las grandes billeteras #SHIB están vendiendo todo.
Lo puedes comprobar en la imagen, con una franja horaria de dos horas.

😱🫨1 trillion Shiba (SHIB) transfer aroused curiosity! PEPE coin is also involved😱🫨

The brutal marches that have continued over the last eight lengths of Crypto appear to be over today. At a time when the amount of immortal news reached its maximum and the mood of the market was not enough to evoke fear, the sales stopped for a while, followed by the long-awaited recovery.

This collaboration has yielded interesting chain data, including some of the most popular cryptocurrencies such as Shiba Inu (#SHIB ) and Pepe (#PEPE ).

Like SHIB, PEPE also surprised!
According to Spot On Chain, two major crypto whales deposited a total of 25.95 million pieces of these tokens to Binance in the last 14 hours. Whale “0x42a” made a move by transferring 1,088 stock SHIB valued at $18.12 million.

The change in whale activity analysis reveals an accumulation period that coincides with the bottom of the market in November and December 2023. The whale is estimated to have made a profit of $8 million, which represents a significant gain of 79 percent.

In another notable transaction, whale “0x837” deposited 700 billion PEPE instead of 7.83 million to Binance about three hours ago. Currently, this whale has another 800 billion PEPE worth $9.22 million.
#binance #memecoins

$SHIB My invalidation point is below 0.0001680$

Hold this support or Die 🥶 #DYOR
Short term volatility is scary!
Buyers might react here!

#SHIB #shiba⚡ #BTC☀ #mememcoinseason2024

🚀 SHIB & DOGE Rebound! 🌟Big news! Shiba Inu (SHIB) and Dogecoin (DOGE) are surging, sparking fresh excitement in the crypto world.🔸 DOGE Highlights:Current Price: ~$0.16Market Cap: ~$23BPotential 30% rebound if it breaks $0.18 resista [❞]ce】.🔸 SHIB Highlights:Current Price: ~$0.000025Boost from SHIB perpetual futures on Coin [❞] [❞]rce】.Both coins show resilience and potential, but remember, they’re highly volatile. Stay tuned to Binance for more updates!Happy trading.

#Binance #SHIB #DOGE #CryptoNews #CryptoTrading

The fall of SHIB May Have Prompted The Selling of Whales

Since SHIB, a rival cryptocurrency to Dogecoin, has failed to see consistent price appreciation over the last three months, whales may be selling.

There may be more selling pressure on WATER token due to increasing activity from within the community.
An analyst has accused Jason Derulo of endorsing cryptocurrency pump-and-dump schemes.

Following considerable whale profit-taking activity and controversy regarding the WATER joke currency and American musician Jason Derulo, the price of Shiba Inu (SHIB) dropped by more than 6% on Friday.

The fall of SHIB may have prompted the selling of whales.
Due to the current drop in the cryptocurrency market, SHIB whales may be liquidating their holdings. A whale wallet allegedly made $8.3 million by moving all of its 1.08 trillion SHIB (equivalent to $18.4 million) assets to Binance, according to data from Lookonchain. Starting in November and continuing until December, at an average price of $10.07 million, the whale withdrew 1.08 trillion SHIB from Binance.

Selling the whale wallet in March, when SHIB was at its annual high, would have resulted in a profit of around $29 million. The selling could have been triggered by SHIB's 54% drop in value over the last four months.

Nevertheless, SHIB is now trading at the critical price point of $0.0000018, at which 417.43 trillion SHIB tokens were bought by investors. Getting back this level may be a huge boost for the meme currency.

The WATER meme coin's development team may be selling its tokens, according to Lookonchain statistics. Even though they weren't part of the WATER token's pre-sale, the developer sent 844.44 million WATER to eleven other wallets. Thanks to the token sales, these wallets have amassed a value of $2.35 million, or 18,600 SOL.

Following the introduction of other celebrity meme coin initiatives in the last two months, star singer Jason Derulo seems to rekindle his interest in cryptocurrencies.

#SHIB $SHIB

#SHIBUSDT #SHIB $SHIB Another asset we trade based on my indicator’s signals. Over 5 signals, the indicator allowed us to take 23% profit from the market. My indicator analyzes 27 parameters but provides a simple and clear signal for any user. It also shows where to fix your profit. The indicator comes with a user manual and a manager who guides each client until they understand how to use it effectively. We ensure everyone achieves results. Message me and become the owner of this unique indicator—there’s nothing else like it. Due to technical reasons, I can't respond to comments, so please check out my bio and message me.

I swapped some profit made on $FLOKI for $SHIB !!🚀
Here's why:

-Many other #meme tokens already pulled back 15-20%📈
- #SHIB is showing reversal sign LTF and remain highly oversell! [D1] 📈
-Weekly support zone📈
-Daily trend support (3rd test)📈

I booked a lot of profits on $FLOKI , And I will probably take some again on $SHIB ! Waiting patiently for the bullish reaction!

#SHIB #shiba⚡ #MemeWatch2024

.............................

$JASMY $FLOKI $LISTA #TAO #XLM #AVAX #SHIB #TRX

Biggest pain🌚

$BB $BOME $AXL #XLM #AVAX #SHIB #JASMY #FLOKI

A whale deposited all 1.08T #SHIBAInu ($18.4M) to #BNB 1 hour ago, making a profit of ~$8.3M! This whale withdrew 1.08T #SHIB (cost ~$10.07M) from #Binance on Nov 24, Dec 4, and Dec 22, 2023. He has an unrealized profit of $29M at the peak of SHIB!

Legendary mindset🔥

$JASMY $FLOKI $ONG #TAO #XLM #AVAX #SHIB #TRX

$SHIB if it break the downtrend here, this one could fly +10% quickly! 🚀🚀🚀

#SHIB #shiba⚡ #CryptoTradingGuide #mememcoinseason2024 #dyor

#SHIB $SHIB SHIB市场动态概览

当前，SHIB的1小时、2小时及4小时级别走势均呈现出多方占优的态势。其中，我们应尤为关注4小时级别上的关键多空分界点，即价格接近0.00017182的区域。

在下行趋势中，有三个明显的支撑位稳固存在，分别是0.000017182、0.000016672和0.000016309这三个价格区间，它们共同构成了一道防线，保护着投资者的持仓安全。

而在上行趋势中，我们注意到0.000017529、0.000017986以及0.000018221这三个压力位，若价格能成功突破这些关卡，将有望开启SHIB价格的新篇章。

因此，投资者需保持高度的市场警觉性，密切关注盘面动态，并灵活调整策略，以应对市场的各种变化。
需要关注下方信号点的点个关注，每天实盘带单直播，实时关注信号点变化，小白也能掌握财富密码，需要分析山寨点位的搜索👉cfst115#SHIBDOGE #SHIBA🚀 #shib #SHIB20000U一个亿

$SHIB - Following my last view, It should be the perfect moment to enter in a long position here! 📈
Are you with me??👀
#DYOR #SHIB #shiba⚡ #mememcoinseason2024 #BTC500K

Looks like a whale just moved a TON of Shiba Inu ($SHIB ) to #Binance . 🐋👀

Over 1 trillion #SHIB (worth around $18 million) was transferred hours ago. What could this mean? 🤷 The price is down a bit (-5%) but trading volume is way up (+122%). 🙄📉

Buckle up, it's gonna be a wild ride! DYOR!🫠 #altcoins

$SHIB - update: 0.00001750$ support ✅
I was right to take my profits!

The main trend remain bearish [daily], but according to my previous HTF analysis, the current price is consolidating preparing for a breakout of the main downtrend! 📈

Main support zone:
0.0001750 - 0.0001730 & 0.0001700 $

As long as the price hold & consolidate above 0.0001700$ we should see a breakout upward! 📈

#DYOR #SHIB #CryptoTradingGuide #shiba⚡ #mememcoinseason2024