Buy SHIBA INU Market Market stats Market cap 4.0B Volume (24h) 73.2M Circulating supply 589. A breach, however, might send #LTC on a slide to $50. SHIB 4.5 Add a rating USD Price 0.00000677 0.00000011 (-1.53) Trade SHIBA INU today Create a Coinbase account to buy and sell SHIBA INU on the most secure crypto exchange. ![]() On-chain data shows that #Litecoin reached a stable support wall between $63.22 and $65.19, where 215,000 addresses bought 3.81 million $LTC.įor a potential rebound to $75, this level must stand strong. thus, a Litecoin price rebound to $75 is likely in the near term, notes popular crypto analyst Ali Martinez. In the price range between $63.22 and $65.19, a total of 215,000 addresses bought 3.81 million $LTC. Consequently, the number of investors utilizing SHIB for transactions has notably decreased.Īlong with SHIB, Litecoin seems to have attained stable support after its correction post its halving. Courtesy: CryptoQuantĪctive Addresses is a measure of the daily individuals engaging in economic transactions on a blockchain network. in the all-time ROI reaches to 131349.79 as of writing and SHIB continues it bullish run after surging by almost 500 in less than 1 hours. As per data of CMC, Shib diluted market cap already crosses 2 billion marker cap volume. Beloved by many, simply enter the tokens you hold and their amounts, and you're done Now you can monitor the value of your holdings at home or on the go. Get started in just seconds with our easy-to-use Quick Portfolios. As of August 26, this count reached 3,647, marking a 56% reduction compared to the 8,214 Active Addresses observed on August 16. SHIB token gaining huge response from investor as long-term holder surging on daily basis. With two types of portfolios, you're sure to find exactly what you're looking for. The provided chart indicates a decrease in daily Active Addresses within the Shiba Inu network starting from August 16. However, one thing to watch for is that the market demand for Shiba Inu (SHIB) still remains neutral. If the concerns around Shibarium diminish and market demand experiences a surge, this could become a pivotal development for the SHIB price. On the flip side, a slide below the support trendline might result in a deep correction phase for the meme coin, potentially leading to $0.0000060.This situation underscores the possibility of another supply squeeze having a significant impact on SHIB’s price. More optimistically, the positive cycle may lead to a bullish breakout and lead to $0.0000080. How to Buy a Luxury Watch with Bitcoin & Cryptocurrency. However, the meme coin remains one of the most popular crypto coins in the. BitPay merchants now accept Shiba Inu Coin, which means you can spend SHIB. This positive cycle might soon retest the overhead resistance trendline close to $0.00000715. SHIB had lost its footing at this high price, dragging it out of the crypto top 10. Will SHIB Price Rise Above $0.0000075?Ĭonsidering the buyers are able to reclaim the bullish momentum, the SHIB price may restart a positive trend within the falling wedge. RSI indicator: The daily RSI line fails to surface above the halfway line and falls to test the oversold boundary.Įxponential Moving Averages: The falling 50-day EMA acts as a dynamic resistance and prolongs the lower high formation in the daily chart. ![]() Despite the ongoing downtrend, the possibility of a bullish bounceback is noteworthy because of the upcoming support levels.Īlso Read: SHIB Price Displays A Bearish Flag Pattern! Is Shiba Inu Price Losing Momentum? The SHIB price action shows the bears taking over the $0.0000070 crucial psychological support zone. Furthermore, the downtrend is approaching the next crucial support level of $0.00000651. Furthermore, a descending support trendline is also noticeable in the daily chart, which completes the falling wedge pattern.Ĭompleting the negative cycle within this bearish wedge, the SHIB coin price approaches the bottom support baseline. ![]() ![]() Taking constant rejections from the 50-day EMA, the lower high formation gives rise to a resistance trendline. Shiba Inu Coin Gains Before You Sell SHIB Coin - Watch This Video First Join this channel to get access to perks: Show more. Under such weather, the Shiba Inu price prediction warns a not-so-smooth ride for HODLers. Meanwhile, the market conditions are volatile, with hopes of better sentiments in October with the Bitcoin ETF decision. Taking a bearish reversal from the psychological mark of 0.00001068, the meme coin price fell by 36% and is currently trading at $0.00000683. Compare live SHIB/THB prices with over 2,500 currencies in real-time with historical charts and data pulled directly from top cryptocurrency exchanges. A bounce back from the crucial support baseline might prolong the bullish revival chances.įailing to find a bullish footing after the sharp bearish reversal in August 2023, the SHIB coin price maintains a declining price trend.
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