introduction:
Shiba Inu (SHIB) is back in the headlines with increased trading activity and exciting price movements. Is this the perfect time to invest? Or are there surprises waiting for us? Let’s explore all the details to get a clear view of the future of this controversial coin.
Current numbers:
• Current price: $0.00002408 (-2.07%).
• Highest price in 24 hours: $0.00002485.
• Lowest price in 24 hours: $0.00002339.
• Trading volume (24 hours): 7.09 trillion SHIB worth $171.96 million.
• Market trend: 51.14% buy vs. 48.86% sell.
Technical analysis:
1. Support and resistance:
• Main support: $0.00002339.
• Nearby resistance: $0.00002485.
• If the resistance is broken, the currency may reach $0.00002550.
2. Technical indicators:
• RSI: At 30.02, indicating a possible bullish bounce.
• MACD: A positive crossover indicates bullish momentum.
• Stochastic RSI: Oversold signals that increase the possibility of an uptrend.
Why Shiba Inu now?
1. Huge community:
• Active user base enhances the popularity of the currency.
2. New development projects:
• Shibarium platform makes a big change in the technical performance of the coin.
3. Perfect purchasing opportunity:
• The current price represents a good opportunity to invest before a potential upswing.
Advice for investors:
• Short-term:
Buy at $0.00002400 with a target of $0.00002550 and a stop loss of $0.00002330.
• Long term:
Gradual investment with follow-up of upcoming updates about the currency.
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