BOSS Wallet data source, latest price news for Shiba Inu, SHIB real-time price up 2.00% to £0.000018535, trading volume £158 million
According to the analysis of the candlestick chart, it is currently in a consolidation trend. Compared to 19:00, it has significantly declined, but has recovered somewhat since 15:00. When both price and trading volume rise simultaneously, it usually indicates strong buying pressure in the market. Buyers are actively trading at higher prices, reflecting optimistic market sentiment.
In this case, the price may continue to rise with strong momentum. Investors should pay attention to breakthroughs at key resistance levels; if the price continues to rise and stabilizes, it indicates that the upward trend will continue. Price and trading volume rising together signal high market sentiment.
The Williams indicator shows that it is currently neither overbought nor oversold. Recent trading volume has increased, with volume up compared to the previous hours, and both price and trading volume are rising: trading is active, with strong upward momentum.
Market sentiment is optimistic, the upward trend continues, and it may be appropriate to increase positions, but volatility should be noted.
The above content is for reference only and does not constitute investment advice.