Shiba Coin Rise Continues 🚀🚀
🧧🧧 $SHIB
Shiba Inu (SHIB), one of the leading meme coins in the market, experienced a remarkable rise by being positively affected by the recovery in the cryptocurrency market. It is said that SHIB may be the scene of larger price increases in the future. Various indicators reveal the strength and potential gains of Shiba Inu.
Shiba Inu's X account shared a message of support for Neiro, a new dog-themed meme coin, about a week ago. It is said that Neiro is linked to the original Dogecoin creators and is therefore associated with the beginning of dog-themed cryptocurrencies. This sharing has sparked rumors that it can collaborate with Neiro and that it can significantly affect market value.
While these developments were happening, the price of Shiba Inu has shown a promising upward trend in the last 24 hours. The price of the meme coin moves between $0.000001421 and $0.00001355 and continues to trade at $0.000001415, up 3.57% on Thursday.
Shiba Inu price is currently facing significant resistance in the $0.000015 zone. It is stated that if this level is exceeded, the price may rise above $0.00002, and if the second level is exceeded, it may reach the level of 0.00000 dollars. This could open the door to a significant rise for SHIB investors.
The Moving Average Convergence Deviation (MACD) signals a bullish as the MACD line crosses the signal line. This chart state is generally considered a sign of upward momentum.
– Shiba Inu's potential for cooperation with Neiro
– Probability of Shiba Inu exceeding the current resistance level
– MACD signals are positive
However, it should be noted that if SHIB fails to overcome the resistance and continues its downtrend, the price may decline to the $0.000014 zone and fall as low as $0.000013 in adverse market conditions.
