Logo van Blockchair
Shiba Inu (SHIB) Price Set to Break 5-Month Downtrend With 40% Price Boost Beincrypto 1 maand geleden

Shiba Inu (SHIB) Price Set to Break 5-Month Downtrend With 40% Price Boost 📈

Shiba Inu (SHIB) is on the verge of breaking a five-month downtrend, driven by consistent investor support and a positive funding rate. This strong backing is crucial for maintaining upward momentum and reflects growing confidence within the Shiba Inu community.

The Chaikin Money Flow (CMF) indicator shows robust inflows into SHIB over the past month and a half, further supporting the asset's potential for recovery and growth. A positive funding rate also indicates that traders are willing to pay a premium to maintain long positions.

Currently trading at $0.00001439, SHIB aims to flip the resistance level at $0.00001473 into support. Achieving this would set the stage for a potential rise to $0.00001961, marking a 40% increase and confirming SHIB’s recovery.

If SHIB fails to breach the $0.00001473 resistance, it will remain in its consolidation phase, prolonging its recovery and invalidating the bullish outlook.

Bron: beincrypto.com ↗

Vergelijkbare artikelen (38)

Shiba Inu Price Takes a Hit in September – Are More Losses on the Horizon? Cryptonews 3 weken geleden
Shiba Inu Price Takes a Hit in September – Are More Losses on the Horizon?
Is Shiba Inu Ready For A New All-Time High Above $0.00008? Analyst Says Yes Newsbtc 1 dag geleden
Is Shiba Inu Ready For A New All-Time High Above $0.00008? Analyst Says Yes
Shiba Inu Will Delete a Zero from Its Price but $0.01 Remains a Pipe Dream, This SHIB Rival Shows Much More Promise Crypto Daily 5 dagen geleden
Shiba Inu Will Delete a Zero from Its Price but $0.01 Remains a Pipe Dream, This SHIB Rival Shows Much More Promise
Shiba Inu Coin (SHIB) on the Move: Are We Heading for $0.000015? Fxcryptonews 1 maand geleden
Shiba Inu Coin (SHIB) on the Move: Are We Heading for $0.000015?
Will Shiba Inu Hit $1 in 2024? The Price Surge Fueling Investor Hopes Fxcryptonews 1 maand geleden
Will Shiba Inu Hit $1 in 2024? The Price Surge Fueling Investor Hopes
Will Shiba Inu Reach $0.000020? Key Trends and Patterns Explained Fxcryptonews 5 dagen geleden
Will Shiba Inu Reach $0.000020? Key Trends and Patterns Explained
Shiba Inu Price Prediction This Week: Can The Price Jump 100% From Here? Bitcoinist 6 dagen geleden
Shiba Inu Price Prediction This Week: Can The Price Jump 100% From Here?
Shiba Inu (SHIB) Price Prediction: September October November December 2024 Bitcoinist 3 weken geleden
Shiba Inu (SHIB) Price Prediction: September October November December 2024
Shiba Inu Eyes Major Rally As Metrics Turn Bullish, Can Price Touch $0.00004? Bitcoinist 1 week geleden
Shiba Inu Eyes Major Rally As Metrics Turn Bullish, Can Price Touch $0.00004?
Shiba Inu’s $1 Dream: Reality Check from Crypto Analyst Coin Edition 1 maand geleden
Shiba Inu’s $1 Dream: Reality Check from Crypto Analyst
Shiba Inu’s Bold $0.01 Prediction: Here’s When Will SHIB Reach New Heights? Coinpedia 3 weken geleden
Shiba Inu’s Bold $0.01 Prediction: Here’s When Will SHIB Reach New Heights?
Shiba Inu Coin (SHIB) Traders Confidence Grows, $0.000015 Coming?  Coinpedia 1 maand geleden
Shiba Inu Coin (SHIB) Traders Confidence Grows, $0.000015 Coming? 
Shiba Inu to Break $0.001? Analyst Reveals Timeline Coingape 2 weken geleden
Shiba Inu to Break $0.001? Analyst Reveals Timeline
This Is Why SHIB Price May Not See $0.000025 in 2024 Beincrypto 2 weken geleden
This Is Why SHIB Price May Not See $0.000025 in 2024
Shiba Inu price prediction – SHIB to reverse its 2024 gains now? Ambcrypto 2 weken geleden
Shiba Inu price prediction – SHIB to reverse its 2024 gains now?
Shiba Inu (SHIB) Surge: Short-Term Gains and Long-Term Potential Coin Edition 1 week geleden
Shiba Inu (SHIB) Surge: Short-Term Gains and Long-Term Potential
Can Shiba Inu Price Hit $1 After Roaring Kitty’s Comeback? Coingape 2 weken geleden
Can Shiba Inu Price Hit $1 After Roaring Kitty’s Comeback?
Shiba Inu Exec Shares Plan To Burn More Tokens, SHIB Price To $0.0003? Coingape 2 weken geleden
Shiba Inu Exec Shares Plan To Burn More Tokens, SHIB Price To $0.0003?
Is It Possible for Shiba Inu (SHIB) to Drop a Zero From Its Price in 2024? Coingape 2 dagen geleden
Is It Possible for Shiba Inu (SHIB) to Drop a Zero From Its Price in 2024?
Experts Call For $0.001 SHIB, But Can Shiba Inu Price Defy This Bearish Pattern? Coingape 1 week geleden
Experts Call For $0.001 SHIB, But Can Shiba Inu Price Defy This Bearish Pattern?
Experts Predict Shiba Inu’s Next Move: SHIB Price To Hit $0.00016 Soon Coingape 1 dag geleden
Experts Predict Shiba Inu’s Next Move: SHIB Price To Hit $0.00016 Soon
Shiba Inu Price Prediction: Is $0.001 Achievable by 2025? Top 3 SHIB Alternatives with 100x Potential Coinpedia 6 dagen geleden
Shiba Inu Price Prediction: Is $0.001 Achievable by 2025? Top 3 SHIB Alternatives with 100x Potential
Odds of Shiba Inu rallying to a six-month high are… Ambcrypto 1 week geleden
Odds of Shiba Inu rallying to a six-month high are…
Shiba Inu Price May Break Out of Consolidation as Investors Return Beincrypto 1 week geleden
Shiba Inu Price May Break Out of Consolidation as Investors Return
Shiba Inu 2025 Price Prediction: Why SHIB Won’t Reach $0.1 or $1 and the Best Alternative Token to Buy Coinpedia 6 dagen geleden
Shiba Inu 2025 Price Prediction: Why SHIB Won’t Reach $0.1 or $1 and the Best Alternative Token to Buy
SHIB Price Could Rise by 50% as ShibArmy Poised to Break the Barrier to Reach $0.00002 in Q4 2024 Coinpedia 4 dagen geleden
SHIB Price Could Rise by 50% as ShibArmy Poised to Break the Barrier to Reach $0.00002 in Q4 2024
Shiba Inu Coin Price Forecasts 21% Gains, But $7B SHIB Could Ruin It Coingape 1 maand geleden
Shiba Inu Coin Price Forecasts 21% Gains, But $7B SHIB Could Ruin It
Shiba Inu Price Eyes 17% Spike Amid Rising Network Activity Coingape 1 maand geleden
Shiba Inu Price Eyes 17% Spike Amid Rising Network Activity
Shiba Inu price prediction: What’s next after SHIB’s 10% recovery? Ambcrypto 1 maand geleden
Shiba Inu price prediction: What’s next after SHIB’s 10% recovery?
Shiba Inu Price: Will SHIB Hit $1 in 2024 Coingape 3 weken geleden
Shiba Inu Price: Will SHIB Hit $1 in 2024
Shiba Inu (SHIB) Price Prediction 2024-2030: Will SHIB Price Hit $0.001 Soon? Coin Edition 3 dagen geleden
Shiba Inu (SHIB) Price Prediction 2024-2030: Will SHIB Price Hit $0.001 Soon?
Shiba Inu Coin Price Analysis: Why SHIB Could Peak at $0.000080 in September Coingape 4 weken geleden
Shiba Inu Coin Price Analysis: Why SHIB Could Peak at $0.000080 in September
Shiba Inu Price Prediction: Crypto Analyst Predicts 10X Surge, But Is $0.01 Possible? Cryptonomist 3 weken geleden
Shiba Inu Price Prediction: Crypto Analyst Predicts 10X Surge, But Is $0.01 Possible?
Shiba Inu price prediction – Assessing the possibility of SHIB hitting new local low Ambcrypto 4 weken geleden
Shiba Inu price prediction – Assessing the possibility of SHIB hitting new local low
Will Shiba Inu Price Hit $1 if SHIB Rallied Like in 2021? Coingape 5 dagen geleden
Will Shiba Inu Price Hit $1 if SHIB Rallied Like in 2021?
Shiba Inu Price Prediction 2024 – 2025: Will SHIB Price Reach $0.1 With A New Bull Run? Coinpedia 1 dag geleden
Shiba Inu Price Prediction 2024 – 2025: Will SHIB Price Reach $0.1 With A New Bull Run?
Shiba Inu Price Shows Potential for Recovery Cointurk 1 maand geleden
Shiba Inu Price Shows Potential for Recovery
Shiba Inu Poised for Massive Rally: Crypto Experts Predict SHIB to Hit $0.00016 in 2025 Coinotag 1 dag geleden
Shiba Inu Poised for Massive Rally: Crypto Experts Predict SHIB to Hit $0.00016 in 2025