Tag Archives: Shiba Inu (SHIB)

What started as a joke cryptocurrency is now becoming a serious investment for retail traders. Shiba Inu (SHIB) has made tremendous gains in the past month – outperforming other cryptocurrencies and hitting consecutive all-time high records with the latest at over $0.000068 earlier on October 27th. Another ATH for SHIB The crypto meme, which promised to be a Dogecoin-killer upon its launch last year, has surged nearly 900% in the past month, 100% in the last seven days, and...

Key Support level: $0.000042 Key Resistance level: $0.000062 The Shiba Inu (SHIB) rally continues with another impressive push of over 20% today. SHIB has defied all expectations and has doubled yet again in about a week’s time. This shows that the appeal of meme coins surpasses many fundamental arguments in the altcoin market. The Shiba Inu chart is clear, price is going up in a parabolic fashion with possible resistance at the next Fibonacci level as indicated by the chart....

It appears that everything related to the Shiba Inu (SHIB) cryptocurrency is appreciating in value over the past couple of weeks. Now, the Shiboshis are also seeing a strong wave of demand. As CryptoPotato reported earlier in October, Shiboshis represent the native non-fungible tokens (NFTs) of the Shiba Inu ecosystem. These are 10,000 digitized creatures that were set for sale about ten days ago and caused a serious wave of demand. Based on the official post, the NFTs cost...

Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu. Replying to one of the many Shiba Inu accounts on Crypto Twitter, the famous Elon Musk confirmed that he didn’t own Shiba Inu, despite being a highly influential figure for that community. Elon Musk Has no Shiba, Floki, or Any Other Dogecoin Spin-Off And although his puppy’s name is Floki, Elon Musk does not have a single Floki token either. Elon Musk said he...

The belief system between Bitcoiners and “Shitcoiners” continues to widen. While the two groups agree every once in a while, they are often completely on separate pages criticizing themselves. For clarity, “shitcoiner” may have varying meanings, depending on who’s speaking, but it is mostly used by Bitcoin maximalists to describe people who trade in other cryptocurrencies. Recently, Blockstream co-founder and CEO Adam Back blasted Shitcoiners, saying that they are terrible at...

Key Support level: $0.000032 Key Resistance level: $0.000035 Yesterday, SHIB had broken above a descending triangle formation, as seen on the following chart. Initially, it got rejected at the $0.00003 resistance level. However, after a slight pullback, SHIB managed to break above and quickly spiked towards the all-time high sitting at $0.000035. This is roughly ~10-12% away from the current daily high as of writing these lines, according to CoinGecko. In case this resistance...

The popular meme-inspired coin and self-proclaimed DOGE killer, Shiba Inu (SHIB), has continued to gain popularity, recording more than 9% growth in the number of holders within the last two weeks. SHIB Addresses Surpass 738k Amid an impressive price performance since October 2nd, retail demand for SHIB remains at large as the meme coin has managed to accumulate more than 60,000 new holders, representing about 9.11% increase in a little over two weeks. There are currently...

Key Support level: $0.0000240 Key Resistance level: $0.0000300 Shiba Inu has pumped over 20% off the support level at $0.0000240 to the key resistance sitting around $0.0000300. In doing so, SHIB has formed a large descending channel (in blue). If the price fails to break the resistance level in the next day or two, then Shiba Inu’s price is likely to fall again to support before a breakout. Chart by TradingViewTechnical Indicators Volume: The volume continues to be weak....

Bitcoin has been on a roll since the start of October and the past week in particular. It traded below $50,000 on October 5th but reclaimed that coveted line in the following days and kept climbing upwards. It charted a multi-month high just shy of $58,000 hours ago, meaning a 17% increase in the span of a week. Usually, when BTC goes up, most alternative coins tend to follow suit at least against the dollar. This doesn’t seem to be the case now as the majority have lost...

After touching $56,000 for the first time in five months, bitcoin retraced slightly and currently stands around $55,000. Most altcoins continue with indecisive moves in either direction, except for Shiba Inu, which has gone on the offensive once more with a 35% daily surge. Bitcoin Stalls at $55K The past week or so showed once more how quickly the landscape could change in the cryptocurrency markets. Bitcoin entered October at around $45,000 after recovering $4,000 in days...