Shiba Inu price flashes buy signal, 25% rally likely

Shiba Inu price has breached a two-month consolidation, indicating its readiness to move. Investors can expect

to form a base above $0.0000253 and kickstart a 25% recovery rally to the $0.0000315 resistance level. In a highly bullish scenario, investors can expect the dog-based meme coin to retest $0.0000355, the midpoint of the $0.0000253 to $0.0000457 range. The Relative Strength Index has flipped the 50 mean level into a support floor, showcasing the spike in bullish momentum. The same can be seen with the Awesome Oscillator , which has recovered above the zero mean level.

Whale Transaction Count Furthermore, a quick look at IntoTheBlock’s signals shows that the overall outlook for

Source: News Formal (newsformal.com)

Cryptocurrencies Technical Analysis

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2 Trillion Shiba Inu (SHIB) in 24 Hours: Shiba Inu (SHIB) on Verge of Surge?Shiba Inu whales are still active, but it doesn't really help
Source: Utoday_en - 🏆 295. / 63 Read more »

Half Trillion Shiba Inu (SHIB) in 24 Hours: Is Shiba Inu (SHIB) Hiding Something?Shiba Inu saw another whale-tier transactions surge
Source: Utoday_en - 🏆 295. / 63 Read more »

Shiba Inu: Crucial Warning About Top SHIB Dev Sent out to Shiba Inu CommunityShiba Inu community has been given major warning about top SHIB dev Kaal Dhairya
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin (BTC) Price Rally, Shiba Inu (SHIB) Predictions, and More: Recap May 16Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Shiba Inu Burn Rate Soars 90% Daily: SHIB Price Rally Incoming?Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Shiba Inu on Verge of Regaining Top 10 After 25% Weekly RiseShiba Inu (SHIB) inching closer to 10th spot in crypto rankings
Source: Utoday_en - 🏆 295. / 63 Read more »