The price has broken out from a short-term downtrend line and is now trading toward the $0.000007300 mark. SHIB/USD 4-hour price chart: Bulls take the lead, pushing the price higherĪccording to the hourly chart for the SHIB/USD pair, the bulls are in control of the market. In addition, the Bollinger band is still widening, signaling that the market could be highly volatile in the next few hours. The Relative Strength Index (RSI) indicator is below 50 levels, indicating that the bulls are not fully controlling the market. The MACD is bearish, indicating that the SHIB price could retrace soon. The technical indicators also show a bearish outlook for Shiba Inu in the short term.
This indicates that a slight pressure supports the loss of momentum in the SHIB price. The daily trading volume has also dropped by over 8 percent, reaching $72 million in trades executed in the past 24 hours. The price has increased from its daily low of $0.000007210 and is currently trading above the $0.000007300 mark. The daily Shiba Inu price analysis chart shows a strong bullish trend in the past 24 hours. SHIB/USD 1-day price chart: Bears rule despite the bullish momentum SHIB has been trading in positive territory since today’s session. The SHIB token price is currently at $0.000007385, up from yesterday’s close of $0.000007380, a gain of 1.38% in the past 24 hours. The buying pressure has been increasing for the past few hours, and there has been a steady uptrend in the price. The Shiba Inu price analysis on 14th Sep shows a bullish market sentiment following the buying frenzy. The daily trading volume has dropped by over 8 percent today.SHIB has gained over 1 percent in the past 24 hours.
Shiba Inu price analysis shows an uptrend in the past 24 hours. Shiba Inu price analysis: SHIB upgrades to $0.000007385 following the buying frenzy It has a circulating supply of 589.35T SHIB coins and the max. The current CoinMarketCap ranking is #16, with a live market cap of $4.35B. Shiba Inu is up 1.38% in the last 24 hours. Today’s live Shiba Inu price is USD 0.000007385, with a 24-hour trading volume of $72.48M. After our walkthrough of the Shiba Inu price predictions, we will hopefully be more aware of SHIB value, How much is SHIB worth? Let’s see what Elon Musk will do to help push the meme coin. Let’s walk through Shiba Inu’s tracks through time to help decide whether SHIB is an excellent addition to your crypto portfolio. With active addresses skyrocketing to 20,648 on 2 August, it is no surprise that it has declined to 4665 as per Santiment data.8 Conclusion Shiba Inu Price Prediction 2023-2032 So how well is SHIB doing on-chain?Īs mentioned earlier, whale activity has reduced compared to the previous days. This development comes as a follow-up to the Shopping.io integration earlier. Furthermore, get up to 8% cashback and zero annual or FX fees! /FqINtnHFWx You can now pay with SHIB at 60+ million merchants worldwide. We are pleased to announce that has added SHIB to the list of supported tokens for the Binance Card issued in Europe. Interestingly, it found SHIB worthy enough to become one of the first meme tokens listed on it, following Ripple and Avalanche. The world’s largest crypto exchange launched its debit card in Europe lately. Taking the spot stillĪmid the ups and downs, SHIB investor interest seemed to have been confirmed by the new Binance partnership. Still, the current state of SHIB looked stable enough to withstand a price plunge. Additionally, the ADX (yellow) was below 25 (a weak directional movement), showing that it may not yet be time for a long rally. This was because the green line was above the red line, indicating that the buyers still had control.
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