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Shiba Inu (SHIB) Technical Analysis – September 27
#SHIB🔥🔥 #SHIB #SHIBA✅🚀
$SHIB
Current Price: As of September 27, 2024, Shiba Inu (SHIB) is trading at approximately $0.00001912, experiencing a 21% increase over the last 24 hours, significantly boosting its market capitalization by $3.3 billion, making it the second-largest meme coin after Dogecoin
50-Day Moving Average (MA): The price is currently positioned above the 50-day MA, indicating a short-term bullish trend. This upward movement reflects strong buying activity in the market
200-Day Moving Average (MA): SHIB is approaching its 200-day MA, a crucial long-term indicator. Sustaining above this level could signal a continuation of the bullish momentum
Relative Strength Index (RSI): The RSI for SHIB is at 80.22, indicating overbought conditions. While this suggests a potential for a pullback, the strong upward trend may sustain these elevated levels for the time being
MACD: The MACD has recently crossed above the signal line, affirming the bullish trend. The expanding histogram bars further confirm ongoing buying pressure, indicating a likely continuation of the upward momentum
Support and Resistance: SHIB faces critical resistance near $0.000019 to $0.000020. A successful breakout above these levels could propel the price towards $0.000021 and higher
This analysis suggests that Shiba Inu is poised for further gains, driven by recent ecosystem developments, including growth in its layer-2 solution, Shibarium, and a significant increase in its burn rate. Traders should closely monitor the resistance levels and be aware of the overbought RSI, which may indicate a need for caution in the near term
$SHIB
Current Price: As of September 27, 2024, Shiba Inu (SHIB) is trading at approximately $0.00001912, experiencing a 21% increase over the last 24 hours, significantly boosting its market capitalization by $3.3 billion, making it the second-largest meme coin after Dogecoin
50-Day Moving Average (MA): The price is currently positioned above the 50-day MA, indicating a short-term bullish trend. This upward movement reflects strong buying activity in the market
200-Day Moving Average (MA): SHIB is approaching its 200-day MA, a crucial long-term indicator. Sustaining above this level could signal a continuation of the bullish momentum
Relative Strength Index (RSI): The RSI for SHIB is at 80.22, indicating overbought conditions. While this suggests a potential for a pullback, the strong upward trend may sustain these elevated levels for the time being
MACD: The MACD has recently crossed above the signal line, affirming the bullish trend. The expanding histogram bars further confirm ongoing buying pressure, indicating a likely continuation of the upward momentum
Support and Resistance: SHIB faces critical resistance near $0.000019 to $0.000020. A successful breakout above these levels could propel the price towards $0.000021 and higher
This analysis suggests that Shiba Inu is poised for further gains, driven by recent ecosystem developments, including growth in its layer-2 solution, Shibarium, and a significant increase in its burn rate. Traders should closely monitor the resistance levels and be aware of the overbought RSI, which may indicate a need for caution in the near term
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🎁 Join now and get 20,000,000(~$190) SHIB gift for free 🎁
🖇️ Join link
👉 to join the link you have to take screenshot of this link and use to google lens than copy and paste this link to any browser you prefer #TrendingTopic #shib #SHIBA✅🚀 $SHIB
comment for link
📣ATTENTION FOLLOWERS📣
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👉If you are a spot trader , Do invest as much as you can in these coins. 🌏
ID
QI
DREP
ROSE
SFUND
NEX
GAMBIT
LOOM
PROPC
TRIAS
ROUTE
👉These Eleven Coins. Make them favorite. They are listed in different exchanges or search them 👉on the basis of exchanges. I can't mention the exchanges name here. 📣
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FOLLOW if you like. 🔥
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#HotTrends #SHIBA✅🚀 #pepe #BTC #ETHFI
$BTC $BNB
👉THE Coins which can make you millionaire in the bull Run💰
👉If you are a spot trader , Do invest as much as you can in these coins. 🌏
ID
QI
DREP
ROSE
SFUND
NEX
GAMBIT
LOOM
PROPC
TRIAS
ROUTE
👉These Eleven Coins. Make them favorite. They are listed in different exchanges or search them 👉on the basis of exchanges. I can't mention the exchanges name here. 📣
BECOME a millionaire . 🎉
👉I suggest you should inves 50 usdt in each coin and forget about for the year or 450 days.
FOLLOW if you like. 🔥
👉TIPPED if you get benefitted .🥀🌹
#HotTrends #SHIBA✅🚀 #pepe #BTC #ETHFI
$BTC $BNB
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first time when it's value around 0.000000264$ how many of you have genrated the profit .
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first time when it's value around 0.000000264$ how many of you have genrated the profit .
invest here and send me tip I will give you more future update #TrendingTopic #EOS #SHIBA✅🚀
🚀 Crypto Intelligence Analytics: $SHIB And $ZAP Price Prediction
Despite SHIB encountering some resistance and trading somewhat sideways for the last week, the memecoin is in a good position to capitalize on growing interest in the crypto space and breach the $0.00004 mark sometime in March.
In the longer term, we expect SHIB to at least recover to its all-time high – which would deliver a 100% return at the current entry price.
ZAP token, on the other hand, is well positioned to rally as high as the $0.02 mark before the end of March, delivering a circa 150% return on investment at the current entry price of circa $0.0075.
By the end of 2024, we expect Zap Protocol’s token to be trading between $0.20 and $0.45, although this is contingent on Bitcoin continuing to enjoy a strong run, buoyed by the recent approval of spot Bitcoin ETFs in the US.
#SHIBA✅🚀 #SHIBA🔥
Despite SHIB encountering some resistance and trading somewhat sideways for the last week, the memecoin is in a good position to capitalize on growing interest in the crypto space and breach the $0.00004 mark sometime in March.
In the longer term, we expect SHIB to at least recover to its all-time high – which would deliver a 100% return at the current entry price.
ZAP token, on the other hand, is well positioned to rally as high as the $0.02 mark before the end of March, delivering a circa 150% return on investment at the current entry price of circa $0.0075.
By the end of 2024, we expect Zap Protocol’s token to be trading between $0.20 and $0.45, although this is contingent on Bitcoin continuing to enjoy a strong run, buoyed by the recent approval of spot Bitcoin ETFs in the US.
#SHIBA✅🚀 #SHIBA🔥
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Shiba Inu: How Many SHIB Tokens Does Elon Musk Own?
Elon Musk Declares Her Love for Shiba Inu, But There's a Problem
Famous American businessman Elon Musk used the platform X (formerly Twitter) to profess his love for Shiba Inu puppies.
The tech billionaire announced this in a recent tweet, adding a photo showing different young dogs, including his favorite Shiba Inu dog.As expected, this development has provoked reactions from dog-themed cryptocurrency enthusiasts, including supporters of Shiba Inu, Floki Inu and Dogecoin.
Musk's Love for the Shiba Inu DogIt is common knowledge that Musk likes the Shiba Inu dog breed. She has announced this several times, including in May 2021 when she said she wanted a Shiba puppy. In March 2021, Musk also said that he would "buy Shiba Inu".
I'm getting Shiba Inu resistanceisfutile
- Elon Musk (@elonmusk) March 14, 2024
#TrendingTopic $SHIB $BONK $LUNC
Elon Musk Declares Her Love for Shiba Inu, But There's a Problem
Famous American businessman Elon Musk used the platform X (formerly Twitter) to profess his love for Shiba Inu puppies.
The tech billionaire announced this in a recent tweet, adding a photo showing different young dogs, including his favorite Shiba Inu dog.As expected, this development has provoked reactions from dog-themed cryptocurrency enthusiasts, including supporters of Shiba Inu, Floki Inu and Dogecoin.
Musk's Love for the Shiba Inu DogIt is common knowledge that Musk likes the Shiba Inu dog breed. She has announced this several times, including in May 2021 when she said she wanted a Shiba puppy. In March 2021, Musk also said that he would "buy Shiba Inu".
I'm getting Shiba Inu resistanceisfutile
- Elon Musk (@elonmusk) March 14, 2024
#TrendingTopic $SHIB $BONK $LUNC
