For this to occur, #ShibaInu: has to forestall further declines by sustaining key range
In the last 24 hours, dog-themed cryptocurrency Shiba Inu ($SHIB ) has seen a nearly 3% drop in its value. At the time of writing, #SHIB، was down 2.47% in the last 24 hours to $0.000024, after reaching intraday lows of $0.00002284.
The price decline has taken SHIB below the much-watched daily SMA 50 level at $0.00002447. Shiba Inu bulls overcame this crucial barrier in late May, but turning this level into support has been a battle between bulls and bears.
With the drop beneath the daily SMA 50, the recent dip in price has caught the attention of investors and traders alike, as they closely monitor SHIB's performance for signs of recovery or further decline.
As SHIB navigates through this critical phase, the next significant resistance level is anticipated to be in the range of $0.000025 to $0.00003. Resistance levels are crucial as they represent the price point at which selling pressure overcomes buying pressure, potentially leading to a price stall or reversal. For SHIB, crossing this threshold could signal a bullish trend, enticing more #investors to join the fray.
An intriguing aspect of this resistance level is the substantial amount of SHIB that was previously acquired within this range.

In/Out of the Money Around Price, Courtesy: #IntoTheBlock
According to data from on-chain analytics firm IntoTheBlock, 92.2 trillion SHIB were bought by 124,220 addresses in the range between $0.000025 to $0.00003 at an average price of $0.000028.
Given the enormous SHIB held in this range, Shiba Inu could find a launchpad here, breaking through the resistance and climbing higher. For this to occur, Shiba Inu has to forestall further declines by sustaining a key range, where 26 trillion SHIB are being held.
Based on IntoTheBlock data, 26.55 trillion SHIB were bought by 62,080 addresses in Shiba Inu's current trading range between $0.000023 and $0.000025. Technically, SHIB must return above and decisively break past the daily SMA 50 at $0.00002447 to restart a price uptrend and escape range trading.
#BNBCrossing660

#uma Sustained interest by whales may be hint of positive things to comeDisclaimer: 🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice.#cardano , the eighth largest cryptocurrency by market capitalization, has seen a massive 27 billion $ADA in large transaction volume. According to #IntoTheBlock , Cardano's daily large transaction volume was 27.59 billion ADA, up from the previous day's record of 26.9 billion ADA.IntoTheBlock classifies large #transactions as those involving transfers of more than $100,000. In this scenario, the large transaction volume metric represents the total amount of cryptocurrency moved in such transactions.That said, large transaction volumes provide an estimate of the overall amount transacted by whales and institutional participants on a particular day.Since whales are large investors who own a significant amount of a cryptocurrency, the sustained interest by this category of holders may be a hint of positive things to come if the broader market stabilizes.In essence, market sentiment has slowed down after the #ETFlistings, and ADA is mirroring the general market trend.ADA touched highs of $0.619 on Jan. 11 and has declined since then. Cardano's ADA coin was last trading near $0.493, a 5% drop on a 24-hour basis.IOG celebrates Byron's birthdayCardano builder Input Output Global (IOG) has taken to X (formerly Twitter) to celebrate the birthday of George Gordon Byron (Lord Byron), father to Ada Lovelace, who served as an inspiration for Cardano's first development phase.Cardano's narrative began in 2015 with a vision to address the three key concerns that all blockchain networks face: scalability, sustainability and interoperability. Two years, thousands of GitHub commits and hundreds of hours of research later, the first version of Cardano, Cardano Byron, was released in September 2017.The Byron reboot updated numerous Cardano network components, including the Cardano node, the Cardano explorer and the wallet backend, as well as delivering Daedalus, IOG's official desktop wallet. Yoroi, a light wallet from EMURGO based on IOG's original development effort, was also released alongside other innovations#MANTA

#sol Bitcoin whales have stirred a rare market dynamics that has printed a major boost in large transactions with a rub off on $ETH and #SHIB💥 Bitcoin whales as well as those of Ethereum (ETH), and Shiba Inu ($SHIB ) are on the rampage today, as cumulative #transactions carried out by this class of market traders have hit new highs in recent times.Bitcoin Whales Defining the MomentumAccording to data from the crypto analytics platform #IntoTheBlock , Bitcoin whales’ transaction volume jumped by 14.32% at the time of writing to $14.32 billion. This metric denotes the dollar valuation of large transactions worth about $100,000 worth of Bitcoin over the past 24 hours.Per IntoTheBlock, the number of transactions moved from 11,870 as of December 17 to more than 21,620 transactions as of the time of writing. The corresponding transaction volume commanded by these Bitcoin whales also moved from approximately 407,730 #BTC or $17,043,158,850.3 to 804,470 $BTC or $35,334,052,010.5 as of December 22.From the trends observed, there was a defined price growth as driven by the market whales within this period. This underscores the importance of the Bitcoin network playing host to whales with massive sway over the market.Though the connection is not immediately clear, this massive Bitcoin whales transaction comes at a time when there is a growing clamor surrounding Bitcoin spot Exchange Traded Fund (ETF) products. With anticipation of approval in January, many market whales have been shifting positions to land more of the flagship assets before the top institutional firms go all out on it.Bitcoin’s price price amidst this rally has jumped by 0.38% to $43,789.40 in the past 24 hours.Ethereum and Shiba Inu Whales Rides the TrainWhile Bitcoin whales moved the biggest volume in large transactions, Ethereum and Shiba Inu whales also pulled an impressive feat in the past week. While Ethereum Whales transaction volume has jumped by 51.01% and moved $6.79 billion, Shiba Inu whales volume is up by a massive 186.4% to $73.28 million.This trend is not uncommon as Shiba Inu whales are often moving large amount of the memecoin, a trend that is also reflected in its token burn rate. Overall, the re-awakening of whales in the Bitcoin, Ethereum, and Shiba Inu ecosystems has also complemented this parabolic whale boost in recent times.At the time of writing, Ethereum is changing hands at a price of $2,291.44, down by 0.14% while Shiba Inu is up by 2.37% to $0.00001107.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. @WISE CRYPTO NEWS

#MANTA Bulls prepare to take on next big level for SHIB priceDisclaimer: 🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. Shiba Inu whales are seemingly taking a breather as bulls prepare to take on the next big level for the #SHIB💥 price.According to #IntoTheBlock  data, Shiba Inu's large transaction volume, which estimates the daily total amount transacted by whales, has seen a decline.Shiba Inu's large transaction volume dropped 64.92% in the last 24 hours to $62.58 million. This amounted to 7.09 trillion SHIB in crypto terms.Global In/Out of the Money, Courtesy: IntoTheBlockShiba Inu's large transaction volume saw a sharp decline from 20.2 trillion SHIB on Jan. 24 to 7.09 trillion SHIB on Jan. 25.A surge in large transaction volumes typically implies huge activity among whales, whether buying or selling. Meanwhile, a drop in this whale indicator might suggest a decrease in the activity of these large holders.The total #transaction volume recorded on-chain in the last 24 hours also saw a drop to 8.09 trillion SHIB.The seeming decline in whale transactions coincides with the SHIB price gearing up to take on a major price level.According to IntoTheBlock data, the next barrier from which SHIB presently trades is between the $0.000009 and $0.000013 levels, where 228.97 trillion $SHIB were bought by 322,220 addresses for an average price of $0.000011.At the time of writing, SHIB was up 2.31% in the last 24 hours to $0.000009.In a positive development for the Shiba Inu ecosystem, Lucie, a Shiba Inu team member, hints that #Shibarium is on the brink of taking a crucial step beyond automated burns. This will benefit TVL and provide a home for SHIB supporters, she explained.In other good news, Uphold has announced a positive development for Topper users in Canada. Shiba Inu and other altcoins have been relisted on Uphold's Topper.