CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Crypto Potato 2025-02-14 09:56:11

Shiba Inu (SHIB) Price Predictions for This Week

SHIB buyers are back after defending the price at a key support. Key Support levels: $0.000014 Key Resistance levels: $0.000018; $0.000020 1. Buyers are Back After a difficult start in February, SHIB found good support at $0.000014 where buyers returned with conviction. Since visiting this level, the price has been moving higher which could turn into a major reversal. Should bulls continue to dominate, then the key resistance at $0.000018 will be their next major target. Chart by Tradingview 2. Momentum is Turning Bullish The daily RSI briefly fell in the oversold zone in the first week of February, but since then, it has been making higher lows. With the price also making sustained gains, buyers are becoming more confident. Another push and they could soon take the price above $0.000018. Chart by Tradingview 3. Bullish Cross on Daily MACD Another clear sign that the momentum is shifting can be seen on the daily MACD which did a bullish cross this week. As long as the MACD histogram makes higher highs, buyers have the advantage. To confirm that this reversal has good momentum, SHIB will have to move above $0.000020 in the future. Chart by Tradingview The post Shiba Inu (SHIB) Price Predictions for This Week appeared first on CryptoPotato .

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.