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Tag Archives: SHIBUSD

Bloody Weekend Watch: BTC Fights for $40K, ETH Dumps Below $2.8K

The bears continue to put pressure on the crypto market as bitcoin dropped below $40,000 for the first time in two weeks. The altcoins are also deep in red once again, with Ethereum sliding beneath $2,800 and massive price drops from Solana, Avalanche, MATIC, and others. Bitcoin Struggles Around $40K It was just three days ago when the landscape around the largest cryptocurrency seemed significantly more bullish. The asset had recovered from its latest dips to $42,000 and...

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Shiba Inu Price Analysis: SHIB Fails to Move Higher as Correction to Critical Support Looms

Key Support level: $0.000028 Key Resistance levels: $0.000034 SHIB appears unable to rally above the current key support at $0.000028, and this most recent attempt was quickly stopped by the bears. This price action may lead the cryptocurrency to retest the key support and put pressure on buyers again. The key resistance at $0.000034 remains well defended so far. Chart by TradingViewTechnical Indicators Trading Volume: The volume is falling. For this reason, the key support...

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Shiba Inu Price Analysis: If This Support Level Holds, SHIB Might Break Higher

After an impressive rally last week, SHIB had seen a correction, facing the key support level. Will support hold? Key Support level: $0.000028 Key Resistance levels: $0.000034 Last week, SHIB rallied over 50%, reaching our key resistance at $0.000034. Since then, the price corrected back to the support at $0.000028 and now consolidates above the level. If the sentiment remains bullish on Monday and key support holds – SHIB may see a renewed rally. Chart by...

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Crypto Price Analysis Feb-11: Ethereum, Ripple, Cardano, Solana and Shiba Inu

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Shiba Inu. Ethereum (ETH) ETH failed to push above $3,200 this week and fell back on the $3,000 support level yesterday, where the price is now consolidating. Despite this most recent pullback, the cryptocurrency had a stellar performance this week, with a 16% price increase in the past seven days. The big question is if ETH can hold above $3,000. If it manages to do so, then bulls might be in a...

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Shiba Inu Price Analysis: SHIB Attempts to Move Higher, Here is the Next Level to Watch

After a short pullback, SHIB appears keen to move higher and challenge the next critical resistance at $0.000037. Key Support level: $0.000029 Key Resistance levels: $0.000037 SHIB had seen a short-term spike as buyers were impatient following the descending channel’s breakout. Today’s bullish engulfing candle indicates that SHIB can continue higher and challenge the key resistance at $0.000037 very soon. On the other hand, the key support level at $0.000029 and was...

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Top 100 SHIB Holders Control Over 25% of the Total Shiba Inu Supply

Canine-themed tokens’ rally as Shiba Inu (SHIB) led the recovery on Monday. Amidst a renewed bullish momentum in the market, SHIB rose by more than 24%. Several other altcoins also posted decent surges as well, while Bitcoin (BTC) settled for a modest 3% over the past day. Top 100 SHIB Holders According to the latest stats compiled by WhaleStats, the top 100 SHIB holders control more than a quarter of the total supply of the memecoin. Several cryptocurrency whales have...

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SHIB Breaking Out Huge Resistance, Here is The Next Target

Key Support level: $0.000023 Key Resistance levels: $0.000030 As indicated yesterday, SHIB closed in on the key resistance at $0.000023, which has now been firmly broken and turned into support. Once the price moved above this key level, the volume exploded, and the cryptocurrency rallied towards $0.000030, which is now acting as new resistance. This breakout ends the downtrend, which has lasted since November 2021. The big question now is if SHIB can make a higher high or...

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Shiba Inu Price Analysis: SHIB is Facing Huge Resistance that Can End the Bearish Trend

SHIB has reached a critical resistance level. A break above would mean that SHIB could likely go for a short-term price rally following a series of bearish weeks. Key Support level: $0.000018 Key Resistance levels: $0.000023, $0.000026 At the time of this writing, SHIB is facing the critical resistance of $0.000023, which is the only barrier preventing the price from exiting the downtrend that started back in November 2021. A successful break of this level would likely propel...

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Weekend Watch: Axie Infinity (AXS) Explodes 17%, Bitcoin Maintains $41K

After surging above $41,000, bitcoin has maintained its momentum and has remained above that level. The altcoins, which marked significant gains yesterday, have stalled now. Axie Infinity is among the few exceptions after a massive double-digit surge. Bitcoin Maintains $41K It was just a few days ago when the largest cryptocurrency struggled to remain above $37,000 and dipped below that level on a few occasions. The bulls attempted to push it north, which resulted in trading...

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Crypto Markets Add $170 Billion in a Day as Bitcoin Explodes Above $41K (Weekend Watch)

After more than two weeks of trading below $40,000, bitcoin finally made a decisive move to reclaim that coveted level. The entire crypto market followed suit with massive daily price increases from Ethereum, Binance Coin, Cardano, Sollana, Polkadot, and many others. Bitcoin Surged $4K It was on January 20th and 21st when the primary cryptocurrency slumped below $40,000 for the first time in months. In the following few weeks, the asset failed to recover most of the losses...

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