Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12422
Markets: 96030
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12422
Cryptocurrencies
55.50%
Bitcoin Share
The Coin Rise 2025-01-02 13:45:43

Shiba Inu Eyes 260% Rally as Analysts Spot Bullish Signals

Shiba Inu Eyes 260% Rally as Analysts Spot Bullish Signals

Shiba Inu (SHIB) has captured the attention of the crypto market, with analysts predicting a potential 260% rally in the coming months. After experiencing a sharp decline of over 37% from its December highs, the meme-inspired cryptocurrency is now consolidating, prompting optimism for a recovery. Whale Activity Adding fuel to the speculation, a dormant whale recently withdrew 220 billion SHIB tokens, valued at $4.63 million, from Binance. This major transaction has sparked intrigue within the community, as whale activity often precedes notable market movements. Despite this, Shiba Inu continues to face critical resistance levels. According to data from IntoTheBlock, two major sell walls stand in the way of a price surge. The first, between $0.000023 and $0.000024, involves 42,310 addresses holding 60.44 trillion SHIB. The second, more formidable wall lies between $0.000024 and $0.000030, with 208,010 addresses holding 70.35 trillion SHIB. Consolidation Phase Hints at Potential Breakout SHIB is currently trading within a tight range of $0.00002100 to $0.00002300, a consolidation phase that analysts see as a precursor to a potential breakout. Technical indicators, including the Relative Strength Index (RSI) at 56.81, suggest a neutral-to-bullish momentum, with support holding firmly at $0.00002. According to crypto analyst Javon Marks, SHIB recently broke through a long-term resistance trendline and successfully retested it as support—a classic bullish signal. He highlighted the presence of hidden bullish divergence, a pattern indicating underlying strength as price forms higher lows while momentum indicators register lower lows. Marks predicts that SHIB could climb to $0.000081 in the near term, marking a 260% gain from current levels. He also outlined a long-term target of $0.000155, contingent on broader market recovery and sustained bullish sentiment . Path to Growth Hinges on Breaking Key Levels For Shiba Inu to sustain this rally, it must overcome two critical resistance zones, particularly the $0.00003 mark, where prior attempts have faltered. Should SHIB surpass this threshold, analysts foresee a climb to $0.000081 and beyond. While risks remain, including market volatility and sell pressure, Shiba Inu’s price action and technical indicators suggest that a significant upward move may be on the horizon. Crypto enthusiasts are now closely watching the token’s next steps. The post Shiba Inu Eyes 260% Rally as Analysts Spot Bullish Signals appeared first on TheCoinrise.com .

Most Read News



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Market Cap
24h Vol
55.50%
Bitcoin Share
446
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.