Will Market Bullish or Bearish on 5 April

Predicting short-term movements in the cryptocurrency market, such as whether it will be bullish or bearish tomorrow, is highly speculative and uncertain. It depends on various factors such as market sentiment, news events, trading volume, and investor behavior. It's best to conduct your own research, stay updated on relevant news, and consider the perspectives of financial experts before making any trading decisions don't be fool by some traders that can say market will be bullish or bearish known it by your own research and become a successful trader.

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#Memecoins $Shiba Inu $SHIB originated as a meme token, often regarded as a Dogecoin competitor. It has grown into a decentralized ecosystem with its decentralized exchange, ShibaSwap, and has plans to expand into NFTs and game development.

Amid the recent market consolidation, the SHIB price recovery witnessed a notable downturn from the $0.0000328 resistance in late March. The bearish reversal plunged the coin value by 21.5% in the last six days.

By the press time, Shiba Inu’s market cap stands at $15.29 Billion, while the trading volume is around $15.92 since yesterday. According to the recent data by Shibburn, the memecoin has seen a dramatic increase in its burn rate, soaring to 2307.19% over the last 24 hours. During this period, a massive total of 110,384,799 SHIB tokens were removed from circulation.

However, if the supply pressure from broader markets persists, the Shiba Inu price will retest the 61.8% FIB level at $0.00002368.
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What do you think of the bitcoin price at the end of this month April 2024.
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stable coins do not like play short where high risk coins are profitable within hour. what a laughable statement!

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