#shibusd

Shiba Inu (SHIB) has recently surged past a key bullish trendline, sparking fresh optimism among traders and investors. This breakout marks a significant shift in momentum that could pave the way for a potential rally toward the $0.00002045 level. As the market eyes this potential rally, all attention turns to whether SHIB can sustain its upward trajectory and reach this ambitious target, or will…

Shiba’s price is continuing to range without a significant move to date. Key Support levels: $0.0000070  Key Resistance levels: $0.0000075, $0.0000080  1. Price is Stuck in a Range SHIB’s price has not moved much above the key support at $0.0000070. This pause in volatility may continue for some time as BTC decides where to go next. The price is still in a range, and without a clear breakout, the…

Shiba’s price has been making steady gains and the momentum appears to be shifting in bulls favor. Key Support levels: $0.0000070  Key Resistance levels: $0.0000080, $0.0000083 1. The Start of a Rally? With Bitcoin above $28k, altcoins are starting to move and SHIB is no different. The current chart shows a clear bullish momentum which could take the price to the key resistance at $0.0000080.…

In a significant move, the Shiba Inu community is on the brink of getting a dedicated domain service with the introduction of the Shibarium ID, which is scheduled for an official launch by the end of October. A tweet by the developers confirmed, “Shibarium ID is officially launching in late October. We’re here to help transform the entire SHIB ecosystem.” Aimed at overhauling the SHIB ecosystem,…

Shib’s price has been consolidating for the past two weeks and market participants are wondering how long this will last. Key Support levels: $0.0000070, $0.0000064 Key Resistance levels: $0.0000075, $0.0000080 1. Consolidation in Progress The support at $0.0000070 has been holding well so far in September and allowed the price to mode sideways in a tight range between the key levels. This has…

Shiba Inu (SHIB) continues to be in a pivotal make-or-break moment. As described in our last in-depth price analysis of SHIB, two chart patterns on the 1-week chart could continue to determine the future of SHIB price, and their outlooks could not be more different. We are talking about a bullish triple bottom that points to a possible end of SHIB’s two-year downtrend and a descending triangle…

Shib’s price has finally found support, and buyers are now eager to come back. Key Support levels: $0.0000070, $0.0000064 Key Resistance levels: $0.0000075, $0.0000080 1. Buyers Return The support at $0.0000070 has managed to stop the downtrend, and buyers appear to have the upper hand right now. The price has also made a higher low, which is bullish, and the resistance at $0.0000075 may be…

With sellers in full control of the price action, SHIB is struggling to find support. Key Support levels: $0.0000070, $0.0000064 Key Resistance levels: $0.0000075 1. Breakdown and New Lows With the support at $0.0000075 broken and turned into resistance, Shiba Inu made a new low. This intensified the downtrend and put sellers in charge again. SHIB seems likely to make new lows if buyers don’t…