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SHIB Price Signals 16% Decline as $7.24 Billion In Tokens Wade Underwater Coingape 08 Th08 2024

SHIB Price Signals 16% Decline as $7.24 Billion In Tokens Wade Underwater 📉

Shiba Inu (SHIB) almost reached its yearly lows during the latest market downturn, but it recovered alongside Bitcoin as the market turned green. However, a fresh analysis has suggested that SHIB and other cryptocurrencies might face a prolonged downturn soon. The breakdown of SHIB from a falling wedge pattern indicates a potential 16% decline in the coming days. Despite the recent market recovery driven by Bitcoin's resurgence, SHIB's technical indicators suggest there could be more red days ahead. Investors should exercise caution as SHIB's price signals point toward further bearish movements.

Nguồn: coingape.com ↗

Bài viết tương tự (74)

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Assessing Shiba Inu’s odds after SHIB’s most-recent failed breakout Ambcrypto 05 Th10 2024
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Shiba Inu: Selling pressure looms over SHIB after recent gains – What now? Ambcrypto 22 Th09 2024
Shiba Inu: Selling pressure looms over SHIB after recent gains – What now?
Shiba Inu: Market trends suggest tough road ahead for SHIB traders Ambcrypto 07 Th10 2024
Shiba Inu: Market trends suggest tough road ahead for SHIB traders
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Shiba Inu Signals Upcoming Rally
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Shiba Inu Price Prediction As SHIB Breaks Down From Key Support Level
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Shiba Inu Signals Downward Trend as Major Investor Takes Short Position
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Shiba Inu’s Troubles Deepen as Transaction Volume Falls Below $1 Trillion Threshold
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Shiba Inu (SHIB) Faces Bearish September: Market Volatility and Historical Trends Spark Speculation
Shiba Inu (SHIB) Faces Bearish Trends as Price Declines and Burn Rate Plummets Coinotag 31 Th08 2024
Shiba Inu (SHIB) Faces Bearish Trends as Price Declines and Burn Rate Plummets
Shiba Inu Faces 60% Profitability Decline: What This Means for SHIB Investors Coinotag 30 Th08 2024
Shiba Inu Faces 60% Profitability Decline: What This Means for SHIB Investors
Shiba Inu (SHIB) Transaction Volume Plummets Below 1 Trillion as Investors Shift to Bitcoin and Ethereum Coinotag 19 Th08 2024
Shiba Inu (SHIB) Transaction Volume Plummets Below 1 Trillion as Investors Shift to Bitcoin and Ethereum
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Shiba Inu (SHIB) Faces Critical Challenges: 4 Bearish Signals Impacting Price
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Shiba Inu Faces Short-Term Decline Amid Whale Activity and Market Correction Concerns
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Shiba Inu (SHIB) Struggles to Gain Momentum Amidst Stagnant Market Conditions
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Bearish On-Chain Indicators Signal Ongoing Troubles for Shiba Inu (SHIB) Cryptocurrency
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Shiba Inu (SHIB) Faces Further Decline Despite Bitcoin-Led Market Recovery
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Shiba Inu Faces Significant Liquidation Imbalance Amid Price Fluctuations, Potentially Influencing Future Trading Dynamics
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Shiba Inu Price Faces Potential 17% Correction as Whale Outflows Continue
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Shiba Inu (SHIB) Faces Bearish Trend: Significant Price Drop Raises Investor Concerns
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Shiba Inu (SHIB) Faces Significant Decline Amid High Transaction Volume and Market Volatility
Shiba Inu Plummets 14.66% Amid $1.06 Billion Market Rout: Future Resurgence Possible? Coinotag 06 Th08 2024
Shiba Inu Plummets 14.66% Amid $1.06 Billion Market Rout: Future Resurgence Possible?
Shiba Inu (SHIB) Faces Bearish Signals: 4 Worrying Indicators for Investors Coinotag 18 Th08 2024
Shiba Inu (SHIB) Faces Bearish Signals: 4 Worrying Indicators for Investors
Shiba Inu’s Market Struggles Deepen: A Critical Look at the $8 Billion Setback Coinotag 06 Th09 2024
Shiba Inu’s Market Struggles Deepen: A Critical Look at the $8 Billion Setback

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