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CATEGORY: shiba inu crypto


Jul 21, 2024 03:35

Heres How Much Shiba Inu You Need to Make $50K, $100K, $500K, $1M if SHIB Rises 10x, 50x or 100x

Investors would need billions of Shiba Inu tokens to take in $50,000, $100,000, $500,000 or $1 million if SHIB ever…

The post Heres How Much Shiba Inu You Need to Make $50K, $100K, $500K, $1M if SHIB Rises 10x, 50x or 100x first appeared on The Crypto Basic.

Jun 06, 2024 03:35

Here is the Resistance Shiba Inu Needs to Break to Spike to $0.000036

Shiba Inu needs to breach the resistance level between $0.000027 and $0.000028 to muster enough strength for a push toward…

The post Here is the Resistance Shiba Inu Needs to Break to Spike to $0.000036 first appeared on The Crypto Basic.

Jun 30, 2024 03:35

Here are Prices at Which 500,000,000 Shiba Inu Would be Worth $1M, $5M and $10M

Investors holding 500 million Shiba Inu tokens will see their holdings appreciate to $1 million, $5 million and $10 million…

The post Here are Prices at Which 500,000,000 Shiba Inu Would be Worth $1M, $5M and $10M first appeared on The Crypto Basic.

Jun 11, 2024 03:35

Market Analyst Unveils Shiba Inu Buy Zone in Anticipation of a Spike to $0.00006765

Notable market analyst SHIB Knight identifies the appropriate level to accumulate more Shiba Inu tokens in anticipation of a price…

The post Market Analyst Unveils Shiba Inu Buy Zone in Anticipation of a Spike to $0.00006765 first appeared on The Crypto Basic.

Jun 11, 2024 12:05

Shiba Inu Price Could Skyrocket By 1,100%, Predicts Analyst

In an analysis, Moataz “Eljaboom” Elsayed, a crypto analyst and Forbes 40 under 40 nominee, has forecasted a significant surge in the value of Shiba Inu (SHIB). According to Elsayed, the meme-based cryptocurrency is poised for a potential increase that could see its value reach $0.00024, marking an unprecedented 1,105% gain from its current levels. Shiba Inu Price Set To Skyrocket 1,100%? In a review of SHIB’s price activity on the weekly chart (SHIB/USDT), Elsayed pinpointed a repeating pattern that initially occurred during the second quarter of 2021, shortly after Binance, a major crypto exchange, began trading SHIB. According to him, Shiba Inus historical data is exhibiting a pattern that, if repeated, will propel its price to new heights. He noted that the cryptocurrency experienced a notable rise to $0.00005 during the week of May 10, 2021, following its listing on Binance. Related Reading: Shiba Inu Open Interest Returns To February 2024 Levels, What Happened Last Time? Elsayed’s analysis draws attention to a critical period in SHIBs market behavior. After reaching a high of $0.00005, the token underwent a correction, settling below a pivotal support range of $0.00001784 to $0.00001995 for nearly 120 days. However, a subsequent breakout occurred in October 2021 as the broader bull market gained momentum, catapulting SHIB by 343.64% from its support level to a peak of $0.00008854. History Is Repeating Itself #SHIB pic.twitter.com/zeeXVWhpKZ Elja (@Eljaboom) June 8, 2024 The subsequent correction and entry into a bear market, exacerbated by the collapse of the Terra ecosystem in May 2022, saw SHIB prices fall below key support levels. It remained subdued under these levels for 658 days, struggling to surpass the $0.00001 mark. Yet, a resurgence in March of this year saw SHIB soar by more than 370% to a yearly high of $0.00004567. Building on this data, Elsayed anticipates a similar, if not more pronounced, trajectory for SHIB in the near future. He estimates that this next breakout could propel SHIB’s price to $0.0002404, effectively increasing its market capitalization to $141.6 billion. Given the cyclical nature of the crypto market, such could be on the cards, according to the crypto analyst. Related Reading: Shiba Inu Whale Enter Buying Frenzy, 715 Billion SHIB Snapped Up In Days In the daily SHIB/USD chart, Shiba Inu’s price is currently in a consolidation phase, following a significant rally to this year’s high in early March. Despite breaking out of a symmetrical triangle pattern in mid-May, SHIB failed to sustain a close above the 0.382 Fibonacci retracement level of $0.00002883. Subsequent to this rejection, the price fell below the 0.236 Fibonacci level and is now struggling to establish support at the 100-day Exponential Moving Average (EMA). Maintaining a daily close above $0.00002326 is critical to prevent a potential further decline towards the 200-day EMA at $0.00001977. Featured image created with DALL·E, chart from TradingView.com

May 26, 2024 03:35

Shiba Inu Set for Massive Surge as Analyst Predicts 600% Rally to $0.000075 Post Consolidation

Market analyst Ashish sees Shiba Inu reaching the $0.000075 price territory in an imminent 600% jump following breakout from a…

The post Shiba Inu Set for Massive Surge as Analyst Predicts 600% Rally to $0.000075 Post Consolidation first appeared on The Crypto Basic.

May 17, 2024 12:05

Shiba Inu Price Makes Decisive Move: Is Now The Ideal Time To Buy?

The Shiba Inu (SHIB) price has exhibited a notable increase, rising by 6.5% in the last 24 hours and 12.5% over the past week, marking a significant shift towards bullish momentum. Technical analysis of the daily SHIB/USD chart reveals a descending trend line where price has been rejected on every single daily close for the past two months. However, todays price movements have led to a shift. The descending trend line that previously governed Shiba Inus downward trajectory has recently been breached, suggesting a potential reversal or at least a weakening of the bearish pressure. Renowned crypto analyst Cold Blooded Shiller remarked, One of the commandments of memes is thou shalt always long the meme when the trendline snaps. One of the commandments of memes is thou shalt always long the meme when the trendline snaps pic.twitter.com/iPDpuX46ZH — Cold Blooded Shiller (@ColdBloodShill) May 4, 2024 Prior to the breakout, he noted, In 20IQ szn you’re looking for 20IQ entry signals. Breaking the trendline that has been respected on every single daily close for the past 2 months will be one of those. SHIB starting to tick. Related Reading: Analyst Predicts Shiba Inu to Soar 50% Amidst Meme Coin Market Rise The shift is supported by the positioning of Exponential Moving Averages (EMAs); the 20-day EMA at approximately $0.00002238 and the 50-day EMA at $0.00002131 which were both breached with yesterdays daily close. Further down, the 100-day and 200-day EMAs at around $0.00001831 serve as significant support zones, indicating strong buy levels should any major retracement occur. The interaction of price with these EMAs in the coming days will be crucial in determining the sustainability of the current breakout. The application of Fibonacci retracement from the recent peak to the trough are also illustrating a pivotal development for Shiba Inus price action. The 0.236 Fibonacci retracement level at $0.00002483, recently surpassed in yesterday’s trading session, now serves as a critical support in the short term. This level’s importance is accentuated by its role in confirming the legitimacy of the recent breakout from the descending trend linea breakout that might otherwise be dismissed as a mere technical anomaly or ‘fakeout.’ Currently, a retest of this $0.00002483 level as support is underway. A closure of today’s daily candle above this mark would solidify the argument for a more sustained upward trajectory in SHIBs price. Such a close would reinforce investor confidence that the breakout is genuine and that the market sentiment may be shifting more firmly to the bullish side. Related Reading: Shiba Inu Volume Flips Dogecoin, Will SHIB Price Flip DOGE If This Analysts Prediction Comes True? If SHIBs price remains steadfast above this newfound support, the immediate subsequent target would be the $0.00002882 level, correlating with the 0.382 Fibonacci retracement. A breach of this resistance would likely set the stage for further gains towards $0.00003205 and $0.00003527, the 0.5 and 0.618 Fibonacci retracement levels, respectively. Reaching the 0.618 level, often referred to as the ‘golden ratio,’ could potentially yield a substantial 40% gain from current prices, offering a lucrative scenario for investors closely monitoring these technical cues. The heightened trading volume (+30% in the last 24 hours) underlines active participation in the market, crucial for supporting the legitimacy of the breakout. Alongside, the Relative Strength Index (RSI) at 55.05 indicates that the asset is neither overbought nor oversold, leaning towards a neutral to slightly bullish position. This provides room for upward movement without immediate concerns of entering overbought territory. Overall, with the recent breakout above the descending trend line, Shiba Inus price action invites a bullish outlook, suggesting that the downtrend may be losing its grip. The key for traders will be to watch for a daily close above $0.00002483. A confirmed hold above this level could pave the way for further ascents towards higher Fibonacci levels. Featured image from Shutterstock, chart from TradingView.com

May 17, 2024 03:35

Shiba Inu Trading Volume Spikes $155M: How Will SHIB Price React?

Shiba Inu price peaked at $0.000026 on May 16, but with the Gamestop rally spurring bullish retail activity across the…

The post Shiba Inu Trading Volume Spikes $155M: How Will SHIB Price React? first appeared on The Crypto Basic.

May 17, 2024 03:35

Multiple Analysts Identify Shiba Inu Symmetrical Triangle, Tout Massive Run Toward $0.00005

Multiple market analysts call attention to a symmetrical triangle on the Shiba Inu daily chart, envisioning a massive run after…

The post Multiple Analysts Identify Shiba Inu Symmetrical Triangle, Tout Massive Run Toward $0.00005 first appeared on The Crypto Basic.

May 12, 2025 04:40

SHIB and PEPE Still ShineBut BTFDs 3x Coin Rush is the Best Crypto for Beginners Right Now: Act Fast to Secure 8900% Gains!

BTFD Coin is quickly becoming one of the best cryptos for beginners, offering 3x tokens and massive upside as SHIB and PEPE hold strong in the meme space.

The post SHIB and PEPE Still ShineBut BTFDs 3x Coin Rush is the Best Crypto for Beginners Right Now: Act Fast to Secure 8900% Gains! appeared first on Kanalcoin.

Apr 10, 2024 12:05

Shiba Inu (SHIB) Price On The Verge Of Major Breakout, Heres Why

Since reaching its peak for the year at $0.00004749 over a month ago, on March 5, the price of Shiba Inu (SHIB) has fallen by approximately 40%. Nonetheless, there may be brighter days ahead. Following a meteoric rise of 390% in just eight days from the end of February till the beginning of March, a period of consolidation was inevitable for the SHIB price. However, this phase could be drawing to a close. Shiba Inu Price About To Surge 65%? On the daily chart, the meme coin is exhibiting a critical chart pattern that suggests a significant price movement may be imminent. The analysis of the daily SHIB/USD chart reveals the emergence of a symmetrical triangle pattern. This classic chart pattern is generally considered a continuation pattern, typically heralding an uptick in volatility. Given that SHIB has been on a notably strong uptrend, the momentum could swing back in favor of the bulls. Over the past five weeks, the price of SHIB has been making a series of lower highs and higher lows, which is evident from the converging trend lines that are containing the price action. The apex of the triangle is fast approaching, suggesting that a breakout is imminent. This type of consolidation suggests market indecision, and as the pattern reaches its conclusion, we can expect a significant move in either direction. Related Reading: Crypto Analyst Predicts Shiba Inu Price To Rise 5000% To $0.001 Heres When The current price at the time of the analysis is $0.00002842. Notably, the volume has been declining as the pattern developed, which is typical during the formation of a symmetrical triangle and further validates the pattern. Exponential Moving Averages (EMAs) also paint a crucial picture. The 20-day EMA is flatlining, suggesting a neutral short-term trend, while the 50, 100, and 200-day EMAs are all trending upward, providing strong support levels. Particularly, the price is currently above the 20-day EMA, which is positioned at approximately $0.00002817, and this level could act as a strong support in the near term. The Relative Strength Index (RSI) is hovering near the 52.40 level, which is slightly above the midpoint of 50 that separates bullish momentum from bearish momentum. The RSI level indicates a neutral stance in the market momentum but leaves room for an upward push should the market sentiment sway positively. Related Reading: Shiba Inu Fires Up With 4,000% Burn Price Rebound Coming? In terms of deriving price targets from this pattern, technical analysts typically measure the height of the triangle at its widest part and project that distance from the point of breakout. If SHIB breaks above the triangle, the price could surge, targeting the height of the triangle, which could be in the region of the yearly high at approximately $0.000048, considering the widest part of the pattern. This would translate into a 65% price rally from the current price. Conversely, a downward breakout could send the price to test the $0.00001500 level, which would be the equivalent target on the downside. It is important to mention that while symmetrical triangles can lead to a substantial breakout, the direction is not certain until a clear breakout occurs with an accompanying increase in volume. Traders and investors need to watch for a daily close outside of the triangle’s boundaries, with increased volume, to confirm the direction of the breakout. Featured image created with DALL·E, chart from TradingView.com

Here Are Projected Timelines for Shiba Inu to Hit $0.00520, $0.025, and $0.50

Author: Abdulkarim Abdulwahab
United States
Apr 16, 2024 03:35

Here Are Projected Timelines for Shiba Inu to Hit $0.00520, $0.025, and $0.50

This article examines the projected timelines for Shiba Inu to potentially attain ambitious price targets like $0.00520, $0.025, and $0.50.…

The post Here Are Projected Timelines for Shiba Inu to Hit $0.00520, $0.025, and $0.50 first appeared on The Crypto Basic.

SHIBA INU Price Moonshot to $1?: Unleashing the SHIB price Analysis

Author: Prasanna Peshkar
Germany
Jun 30, 2023 10:45

SHIBA INU Price Moonshot to $1?: Unleashing the SHIB price Analysis

It is essential to consider the factors that could potentially propel SHIB to such heights. Let's take a look at this SHIB price article in more detail.

Shiba Inu vs. PEPE: What Could be the outcome of investing $500 over the next 30 days?

Author: Prasanna Peshkar
Germany
Mar 10, 2024 02:25

Shiba Inu vs. PEPE: What Could be the outcome of investing $500 over the next 30 days?

This article is all about the Shiba Inu vs. PEPE investment potential. Let's take a look at this in more detail.

Mar 12, 2024 03:35

Shiba Inu Faces Minimal Resistance on Path to $0.00008845

The latest Shiba Inu (SHIB) upsurge has broken most of the formidable resistance points, leading to the all-time high of…

The post Shiba Inu Faces Minimal Resistance on Path to $0.00008845 first appeared on The Crypto Basic.

Mar 12, 2024 03:35

Here are New Projected Timelines for Shiba Inu to Hit $0.001 and $0.01 as SHIB Rises 281% to $0.000035

Shiba Inu recently exceeded expectations when it soared 281% to $0.000035 in a month, triggering new and updated timelines for…

The post Here are New Projected Timelines for Shiba Inu to Hit $0.001 and $0.01 as SHIB Rises 281% to $0.000035 first appeared on The Crypto Basic.

BIG SHIB Profit: Can $500 in Shiba Inu turn into $1,000,000 After Bitcoin Halving? Find Out..

Author: Prasanna Peshkar
Germany
Mar 09, 2024 02:25

BIG SHIB Profit: Can $500 in Shiba Inu turn into $1,000,000 After Bitcoin Halving? Find Out..

Can $500 in Shiba Inu turn into $1,000,000 after the upcoming Bitcoin halving. Let's take a look at this Shiba Inu price prediction article.

Shiba Inu Price Surge: Top 4 Reasons Why SHIB Price Could Reach $1 Soon!

Author: Prasanna Peshkar
Germany
Mar 29, 2024 02:25

Shiba Inu Price Surge: Top 4 Reasons Why SHIB Price Could Reach $1 Soon!

Why SHIB's price is on the rise today in this Shiba Inu price prediction article and the top 4 reasons why Shib's price could reach $1

29 Days To Bitcoin Halving: Is Shiba Inu Price Eyeing Another Huge Rally? BUY SHIB NOW?

Author: Prasanna Peshkar
Germany
Mar 24, 2024 02:25

29 Days To Bitcoin Halving: Is Shiba Inu Price Eyeing Another Huge Rally? BUY SHIB NOW?

Is the SHIB price eyeing a huge rally? Let's take a look at this Shiba Inu price prediction article in more detail.

Mar 21, 2024 12:05

Shiba Inu May Rise 250% Pre-Bitcoin Halving, Predicts SHIB Team

In a bold forecast that is stirring considerable attention within the SHIB community, a prominent official from the Shiba Inu ecosystem has projected a staggering 250% surge in the token’s value leading up to the upcoming Bitcoin halving. Lucie, the marketing lead for Shiba Inu, expressed her confidence in a significant rebound for SHIB, predicting that the meme coin could surpass its 2021 all-time high (ATH) in the weeks ahead. This optimistic outlook comes despite the token’s recent 43% decline to $0.000026 from its recent yearly high at $0.000045. Lucie shared her personal investment move on X, revealing her purchase of SHIB during the recent dip at around $0.000024, amounting to $989.08. She dubbed this strategy “Bought the DIP, my lovely SHIB,” showcasing her belief in a strong move for the meme coin. With SHIB currently trading at $0.000026, a 70% decrease from its ATH of $0.00008845, the crypto must experience a swift and significant rally of 250% to achieve its previous peak. Related Reading: Shiba Inu Ecosystem Blooms: BONE Jumps 44% With $3 Target In Sight This ambitious target is set against the backdrop of the upcoming Bitcoin halving, expected to occur in 22 to 31 days based on various estimates. Bought the DIP. My lovely $SHIB. If someone can pull [a] miracle recovery, its SHIB. Im expecting ATH soon before or shortly after BTC halving. Nfa, Lucie remarked. Bought the DIP My lovely $SHIB If someone can pull miracle recovery its $SHIB Im expecting ATH soon before or shortly after BTC halving nfa pic.twitter.com/lOXoHgHWUl — | SHIB.IO (@LucieSHIB) March 20, 2024 Shiba Inu Set To Overtake Dogecoin? Lucie’s confidence may be mirrored in another daring prediction by the Shiba Inu team on X, where they assert SHIB’s potential to eclipse Dogecoin in market capitalization through strategic moves referred to as “Secret Wags.” Reacting to CryptoCom’s classification of SHIB as the second most valuable meme-inspired project, the Shiba Inu team hinted at a future where SHIB dethrones DOGE, stating, “[Number] 2 today, but the Doge days are numbered.” The competition between SHIB and DOGE is not new; both tokens have vied for dominance in the past. DOGE currently holds the #10 spot in market cap among all cryptocurrencies, with SHIB trailing closely at #11. The market cap gap between DOGE and SHIB stands at $4.14 billion, with DOGE boasting a market cap of $19.41 billion compared to SHIB’s $15.27 billion. Related Reading: Shiba Inu Open Interest Suffers 40% Crash, What Does This Mean For Price? To reach a new all-time high against its competitor, DOGE, SHIB would need to rally another 50% (SHIB/DOGE), building on the 98% gain against DOGE over the last four weeks. Despite previous attempts to surpass Dogecoin, the Shiba Inu team remains undeterred, buoyed by the growing utility of the Shiba Inu ecosystem beyond its meme coin origins. The development of Shibarium, a blockchain platform offering various utilities for crypto development, and the rallying support of the #ShibaArmy, underline the team’s determination. “We’ve got the #ShibaArmy, #Shibarium, and secret wags we can’t reveal yet. Get ready for a new top doggo. Much wows incoming! #SHIB,” the team enthusiastically stated. #2 today, but the Doge days are numbered. We've got the #ShibaArmy #Shibarium and secret wags we can't reveal yet. Get ready for a new top doggo. Much wows incoming! #SHIB https://t.co/GiCJ2OKCLv — Shib (@Shibtoken) March 20, 2024 At press time, SHIB traded at $0.00002566. Featured image from Shutterstock, chart from TradingView.com

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