Overview

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Another clear sign that the momentum is shifting can be seen on the daily MACD which did a bullish cross this week. As long as the MACD histogram makes higher Hace 6 horas The recent plunge comes weeks after Shiba Inu registered a multi-month high of $0. on . However, Shiba Inu’s price has since crashed to the Shiba Inu (SHIB) has gone up by nearly 18% in the past month as meme coins have made a strong comeback after months of facing significant selling pressure. One Analysts predict a 200% price gain in the coming weeks for the Shiba Inuthe technical setup and whale buildup point to a probable breakout above $0. . Hace 1 día What are people saying about SHIB? Shiba Inu price prediction remains mixed as traders eye bullish technical patterns, yet caution prevails amid low volatility and whale exits.

Shiba Inu (SHIB) This Week: What to Expect

Are you tracking Shiba Inu (SHIB) and wondering what this week holds? With meme coins making a comeback, SHIB has seen significant movement recently. Let's dive into what experts are predicting and what technical indicators are saying about Shiba Inu's potential performance in the coming days.

Recent Shiba Inu Performance: A Quick Recap

Shiba Inu (SHIB) has gone up by nearly 18% in the past month, riding the wave of resurgent meme coin interest. However, the journey hasn't been without its dips. The recent plunge comes weeks after Shiba Inu registered a multi-month high of $0.000028. Unfortunately, Shiba Inu’s price has since crashed to the $0.000022 area, causing some concern among investors.

Technical Analysis: Bullish Signs Emerging?

Several analysts are pointing to positive signals in the technical charts. One analyst predicts a 200% price gain in the coming weeks for the Shiba Inu, noting that the technical setup and whale buildup point to a probable breakout above $0.000028. Another clear sign that the momentum is shifting can be seen on the daily MACD which did a bullish cross this week. As long as the MACD histogram makes higher highs, the bullish trend should continue.

Whale Activity and Market Sentiment

Whale activity is always a key indicator for Shiba Inu. What are people saying about SHIB? Shiba Inu price prediction remains mixed as traders eye bullish technical patterns, yet caution prevails amid low volatility and whale exits. Monitoring whale transactions and overall market sentiment will be crucial this week.

Key Factors to Watch This Week

  • MACD Crossover: Keep an eye on the daily MACD. A sustained bullish trend, as indicated by higher histogram highs, would be a positive sign.
  • Whale Movement: Significant buy or sell orders from large holders can heavily influence SHIB's price.
  • Market Sentiment: Track social media and crypto news for shifts in sentiment regarding meme coins in general and SHIB specifically.
  • Potential Breakout: Watch for a potential breakout above $0.000028.

Disclaimer

Cryptocurrency investments are highly volatile and carry significant risk. This is not financial advice. Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions.

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