Shiba Inu Price Set For 650% Expansion To $0.00009 ATH If This Happens
Shiba Inu’s price action in recent days has been largely subdued, and many traders would argue it has had the most disappointing meme performance lately. The price has been range-bound between $0.00001345 and $0.00001190 for much of August, showing low volatility as traders wait for a decisive move. Nonetheless, a new technical analysis suggests that SHIB may be approaching the end of its consolidation cycle. According to analyst Kamran Asghar, the weekly chart is showing signs of preparing for a major expansion phase that could unlock a rally of more than 650%. Shiba Inu’s History Of....
Related News
Shiba Inu Price had registered substantial gain over the last week. In the last 24 hours however, the coin moved down on its chart. The meme-coin had broken past its cup and handle pattern that was being formed for the past several months. This had pointed towards signs of bullishness. Despite a fall in Shiba Inu price, the technical outlook of the coin continued to remain positive at the time of writing. If Shiba Inu manages to remain above the $0.000015 level then the meme-coin could trade near the $0.000021 price mark. This meant that Shiba Inu price could rally by almost 50% in the....
Shiba Inu recently rallied to a new high this week. Investors saw massive gains when the meme coin hit a new all-time high of almost $0.00009, resulting from a surge in trading activity in the altcoin. Similar to its predecessor Dogecoin, when the meme coin hit its new high, investors scrambled to sell and take […]
As the Shiba Inu ecosystem is preparing to enter a new era, the project’s core member and head of marketing Lucie has offered insights into SHIB’s mysterious evolution, emphasizing the crucial factor that will majorly drive the growth. She outlined important aspects of the expansion of the Shiba Inu ecosystem, highlighting impending features and possible […]
The Shiba Inu burn rate is facing new challenges amidst a corresponding lull in the Shiba Inu price. According to data from Shiba Inu burn tracker Shibburn.com, the number of SHIB tokens burned in the past 24 hours has declined noticeably, which gives rise to a concern about the activity surrounding Shiba Inu and whether […]
Shiba Inu, the mysterious meme coin, has gained serious attention this past weekend after a 45% surge. Created by anonymous dogecoin-ally Ryshoi Shiba, Shiba has slowly gained momentum since the beginning of the summer. What’s Next For Shiba Inu? With Robinhood approving more then 250,000 applications for Shiba Inu access, it will definitely serve as […]