Shiba Inu is showing signs of compression within a descending triangle formation, setting the stage for a potential price jolt. Ali Martinez, a market analyst, posted on X that the token is tightening inside this triangle on the 4-hour chart. Martinez believes the memecoin is poised for a 17% price shift once it breaks out […]
Shiba Inu
Shiba Inu Forms Bull Flag Pattern, Breakout Could Trigger Surge to $0.000022
Shiba Inu (SHIB) is showing signs that a strong price movement could be around the corner. In a recent post on X, CW pointed out that SHIB appears to be forming a bull flag pattern on the 1-day chart. This setup often comes before a price increase. According to CW, If SHIB manages to break […]
SHIB Slides Below Key Averages, Eyes Critical Support at $0.00001408
Shiba Inu (SHIB) has entered a short-term bearish phase as it slips below crucial moving averages, raising concerns of further downside pressure. SHIB is trading at $0.00001470, reflecting a 1.30% decline in the past 24 hours. The meme-inspired token is currently struggling to maintain its footing after failing to break past key resistance levels. SHIB […]
Shiba Inu (SHIB) Sets Sights on 720% Rally Amid Bullish Chart Patterns and Burn Momentum
Shiba Inu (SHIB) is showing a mixed but intriguing price and token burn activity, hinting at potential shifts in momentum. As of now, SHIB trades at $0.00001467, reflecting a slight uptick of 1.75% in the last hour 24 hours. The market capitalization stands steady at approximately $8.53 billion, up by 1.76%, with a circulating supply […]
Shiba Inu Holds Ground Amid Market Consolidation, Eyes 77.8% Rally in May
Shiba Inu (SHIB) is quietly building momentum despite recent short-term declines, with historical patterns and technical indicators pointing toward a potential breakout in the coming weeks. As of today, Shiba Inu (SHIB) is trading at $0.00001339, reflecting a 1.85% decline over the past 24 hours. The meme-inspired token has registered a 7.9% dip over the […]
$8B Locked In: Why Shiba Inu’s Ecosystem Is Stronger Than You Think
Key Takeaways Shiba Inu’s marketing chief, Lucie, has revisited the topic of discussion concerning the SHIB ecosystem and revealed statistics that reflect a much stronger image than critics imply. With over $8 billion invested in Shiba Inu, $100 million in other assets to boot, and almost $4 million bridged over to Shibarium, the figures show […]
Shibarium and ShibaSwap Now Integrated into the Zypto Wallet App
In a decisive move shaking up the meme coin market, Zypto App has officially launched support for both Shibarium and ShibaSwap in its latest update, version 1.15. This milestone, revealed in a tweet on April 29, marks the first time a decentralized finance wallet has combined access to these two crucial parts of the Shiba […]
Shiba Inu (SHIB) Price Action Mirrors 2021 Surge, Analysts Turn Optimistic
Shiba Inu (SHIB) is hovering within a tight trading range between $0.00001344 and $0.00001351. Despite the narrow band, the token managed a slight daily gain of 0.075%, adding to a 7.87% increase for the week. While the rise may appear modest, some market watchers see deeper signs of a bigger move ahead. Trader Mike, a […]
Shiba Inu Signals Start of Powerful Bull Market, Targets 1,400% Growth
The Shiba Inu price has closed three straight green weeks, bringing fresh optimism to the market. After a lengthy consolidation phase, the meme coin is showing signs that it might be ready for a major breakout. This momentum suggests that its 400% surge earlier in 2024 might only be a hint of what lies ahead. […]
Shiba Inu’s path to $1: The truth behind the token burn strategy
Shiba Inu (SHIB) has surged with renewed vigor, building upon the positive sentiment sweeping across the broader cryptocurrency market. After a prolonged phase of consolidation marked by investor caution and subdued price action, SHIB’s decisive breakout has reignited enthusiasm among both retail traders and institutional participants. SHIB is now trading at $0.00001415. SHIB has registered […]