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SHIBUSDT Perpetual Swap Contract

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Shiba Inu Rises Double Digits TodayShiba Inu Rises Double Digits Today for the First Time in 3 Months The entire cryptocurrency market underwent a bullish transformation, breaking free from its stagnant price phase and experiencing a significant upswing. Shiba Inu (SHIB), the second-largest meme coin, joined this positive trend. Despite repeated criticisms regarding its price stagnation, the asset decisively put these concerns to rest by surging more than 10% in just the past few hours. Shiba Inu experienced a low trading price of $0.000007355 earlier today, but it managed to rise to a high of $0.0000082. As of the current moment, SHIB is trading at $0.000008106, marking a daily increase of 10.22%. Notably, the meme coin has seen an impressive, nearly 20% surge over the past couple of days. Even with this substantial price rise, the cryptocurrency’s market capitalization remains at $4.78 billion, solidifying SHIB’s position as the 19th largest digital asset. While SHIB aims to kickstart its upward trajectory, a significant resistance barrier lies at $0.0000084 for the meme coin. However, it has successfully established a support level at $0.0000077, rekindling optimism within the market. During its recent price surge, SHIB witnessed a rise in both trading volume and open interest. According to information from Coinglass, SHIB’s trading volume increased by 83%, and its open interest grew by 12%. As the asset embarked on this upward trend, approximately $641,000 worth of positions were liquidated over the past 24 hours. Within this figure, $588.32K of short positions were liquidated, while a smaller sum of $52,000 in long positions was also liquidated. Shiba Inu holders in the green With the recent surge in Shiba Inu’s price, the proportion of holders benefiting from the asset’s current value has increased. Currently, 20% of SHIB holders are in a profitable position. In contrast, a significant 77% of holders are facing losses. Although there is a notable gap between these percentages, this marks a substantial rise since the start of the month.
Long
by DEXWireNews
SHIB/USDT Nest possible move? 👀 Shiba Today Analysis💎 Paradisers, turn your attention to SHIBUSDT as it navigates within a demand zone, signaling potential upcoming developments. 💎 For a considerable duration, SHIBAINU has been tracing a descending channel pattern, with the upper boundary consistently acting as a formidable resistance. 💎Currently positioned within the demand zone, our analysis leans towards the possibility of the asset challenging the aforementioned resistance once again in the near term. 💎 However, given the prevailing market uncertainties, should SHIB breach the demand zone, be prepared for a potential bearish descent. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
by MyCryptoParadise
Shiba Inu to see a 3.5% bounce, here's whyShiba Inu sank to the low at $0.00000673 on Thursday but has seen a small positive reaction. Data from Hyblock showed Liq CVD was massively bearish, meaning a move upward to liquidate bears would cause a lot of pain and allow a lot of liquidity to be captured before the next true move downward. This bounce is what traders can look to an intraday trade on. Entry: $0.00000676 Take-Profit: $0.00000703 (target set on Hyblock liq levels as well as the short-term range that SHIB could have formed) Stop-loss: $0.00000666 (or tighter) R:R- 2.5
Long
by AMBCrypto_TA
SHIB/USDSHIB/USD Weekly EWT Ending Diagonal ? ................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
SHIB Price Analysis: Will Shiba Inu Dodge This Bear Attack?Falling Wedge: SHIB price action is struggling to break out of a falling wedge pattern. Double Bottom: High demand at the support trendline indicates a potential double bottom reversal. Price Target: A breakout could pump SHIB prices to $0.00000851. Current Price: SHIB is trading at $0.000000673 with a sharp intraday reversal. Bearish Pressure: The 50-day EMA acts as a dynamic ceiling, limiting bullish growth. Descending Trendline: A descending trendline formed by lower highs and lower lows completes the falling wedge. RSI Indicator: Bullish divergence in the daily RSI suggests a potential bullish breakout. EMA: The 50-day EMA is on a declining trend, providing resistance. Buyer Interest: Buyers at lower levels are stepping in, increasing demand for SHIB. Positive Cycle: High breakout anticipations support bullish Shiba Inu price predictions. Optimistic Scenario: A breakout could lead SHIB to a resistance level near $0.00000715 and potentially $0.00000851. Pessimistic Scenario: A breakdown below the support line could lead to a descent to $0.0000060.
by Coinpedia-Market-Insight
SHIB: Support BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Following a bullish breakout from Ascending Triangle, price reached $0.0000115, which was target for the breakout. Subsequently, price pulled back and broke below $0.000008 support, which is where the prior bullish breakout occurred. This opens up downside risk back to $0.0000055. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). Support and Resistance : Nearest Support Zone is $0.0000070, which it broke, then $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
Long
by altFINS
SHIB: Support BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Following a bullish breakout from Ascending Triangle, price reached $0.0000115, which was target for the breakout. Subsequently, price pulled back and broke below $0.000008 support, which is where the prior bullish breakout occurred. This opens up downside risk back to $0.0000055. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $0.0000070, which it broke, then $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
Long
by altFINS
SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SHIB update from Crypto Sanders. Chart Analysis:- (SHIB) rallied for a third straight session on Saturday, as the meme coin jumped nearly 4% higher in the day. Following a low of 0.000006828 on Friday, SHIB/USD climbed to a peak of 0.000007099 to start the weekend. This is the highest point that SHIB has hit since Monday, when the price was trading at a high of 0.00000721. The rally started after bulls rejected a breakout of a floor at 0.00000670 earlier this week, and they now look to be taking the coin to a resistance level of 0.00000760. it appears that the surge has resulted in the relative strength index (RSI) moving above its own ceiling at 45.00. price strength is at a reading of 46.39, with the next visible point of resistance at 51.00. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
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