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Tag Archives: SHIBBTC

Shiba Inu Price Analysis: After Losing 25% Monthly, SHIB Could Drop Much Lower

After failing to maintain the critical support level, Shiba Inu’s native token crashed and is on a path to setting a new local low. Key Support level: $0.000017 Key Resistance level: $0.000020 The support at $0.000020 turned into solid resistance on Saturday and today’s price action confirmed the breakdown with another daily red candle. The next key support is found at $0.000017 and SHIB, heading there, could find a temp relief upon reaching the support level. Chart by...

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Crypto Markets Shed $130B, Bitcoin Dumps to 2-Month Low (Market Watch)

Bitcoin continues to gradually lose value and dropped to a near two-month low of just over $37,000. The altcoins are also deep in the red, with notable price losses from Solana, Cardano, Terra, Polkadot, and many others. Bitcoin Sees 2-Month Low It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t all that long ago, as BTC neared $41,000 roughly a week ago but was rejected in its tracks. The subsequent correction drove the asset south...

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Weekend Watch: BTC Below $40K, ApeCoin Soars 14% Ahead of Otherside Sale

Bitcoin failed again at overcoming $40,000 and has returned to even below $39,000. The majority of the altcoins are also in the red once more, but ApeCoin continues to defy the odds ahead of its highly-anticipated Otherside sale. Bitcoin Struggles Below $40K On April 25, bitcoin initiated an impressive leg up, adding nearly $3,000 in hours. Consequently, the asset spiked to almost $41,000 after its recent nosedives. However, this price increase was short-lived as the bears...

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Bitcoin Struggles Below $40K as Sentiment Returns to Extreme Fear (Market Watch)

After dropping below $40,000 earlier this weekend, bitcoin has been unable to reclaim that level despite a few attempts. The rest of the market is also relatively calm today, with ETH sitting beneath $3,000. Bitcoin Stalls Below $40K After the Monday crash, bitcoin went on the offensive and added several thousand dollars in about a few days. As a result, it broke above the January 2021 all-time high of $42,000 and kept climbing. This culminated in a price increase towards...

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Bearish Weekend Watch: Bitcoin Dumps Below $40K, Ethereum Beneath $3K

The adverse price developments continued in the past 24 hours, and bitcoin dropped below $40,000 for the second time this week. The alternative coins are also well in the red, at least most of them, but ApeCoin has defied the market sentiment and soared by double-digits. Bitcoin Lost $40K It was just a few days ago when the primary cryptocurrency spiked to almost $43,000, which became its highest price level in over ten days. This was a particularly impressive price tag...

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Shiba Inu Price Analysis: SHIB Fails to Breakoutout of Consolidation Range

Despite the listing on Robinhood, SHIB has lost most of its recent gains. Key Support level: $0.000023 Key Resistance level: $0.000028 The rally last week, which was following the news, could not hold SHIB’s price above the key resistance at $0.000028. Since then, SHIB has dropped back toward the critical support at $0.000023, where it found a local bottom. However, the overall price action is turning bearish despite some attempts from buyers to change this. Chart by...

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Market Watch: Holidays Consolidation as BTC Stagnant at $40K, FIL Soars 11%

The cryptocurrency market continues to be untypically calm, with bitcoin failing to make a decisive move while still standing above $40,000. Most of the altcoin space is in a similar position, except for Filecoin, which soared by double digits. Bitcoin Stands Still at $40K It was just over ten days ago when the primary cryptocurrency failed at $47,000 and started its gradual descent. In a matter of days, the asset found itself dropping to $45,000 and $43,000. Somewhat...

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Shiba Inu Price Analysis: Following the Robinhood News, Here’s The Next Target for SHIB

Key Support level: $0.000023 Key Resistance levels: $0.000028 SHIB went through a massive spike once the news of it being listed on Robinhood broke out. Despite the 35% surge, the cryptocurrency quickly returned under the key resistance at $0.000028, failing to convert this news into a sustained rally. The support at $0.000023 continues to hold since March. Chart by TradingViewTechnical Indicators Trading Volume: The volume exploded last Tuesday as the news broke out but...

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Shiba Inu Soars 35% on Robinhood Listing

The American financial services company – Robinhood – allowed its customers to deal with Shiba Inu (SHIB), Solana (SOL), Polygon (Matic), and Compound (COMP). The additions come after last week, the firm rolled out its cryptocurrency wallet to two million users. According to a recent blog post, Robinhood Markets Inc. included four new digital assets on its trading platform. These include the popular memecoin – Shiba Inu, the sixth largest crypto token by market capitalization...

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Weekend Watch: Bitcoin Maintains $42K, Monero at 3-Month High After 8% Spike

After falling to its January 2021 all-time high of around $42,000, bitcoin has maintained that level following a relatively still trading day. The altcoins are also untypically calm today, with Monero being among the few exceptions and XMR tapping a three-month high. Bitcoin Remains Above $42K It’s safe to say that the primary cryptocurrency has seen better days as it attempted to jump above $47,000 earlier this week. However, it failed on both occasions when the bears...

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