Precio de Shiba Inu on BaseSHIB

shib 400% Raly its comengi am oll in

Shiba Inu (SHIB) at a Crucial Crossroads: Can Bulls Ignite a 400% Rally? Shiba Inu (SHIB) has been under heavy selling pressure, dropping nearly 29% over the past month. A sharp decline in whale transactions has fueled uncertainty, leaving investors on edge. However, a potential bullish reversal may be in sight. If SHIB maintains support above $0.000011, a significant breakout could be possible, with projections pointing toward a 400% surge to $0.000081. Currently trading around $0.00001385, SHIB has declined 7.3% in the past 24 hours. Market volatility is rising, and key indicators suggest an imminent turning point. Bollinger Bands signal expanding price movement, while the MACD remains bearish. A positive sign for SHIB is its burn rate, which has spiked over 120% recently. This reduction in supply could boost demand, providing bulls with a reason to remain optimistic. While risks persist, SHIB holders are watching closely. If momentum shifts, a strong recovery could be on the horizon. The question remains—can SHIB hold its ground and reignite investor confidence?

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Large-holder transactions in Shiba Inu (SHIB) have registered a 79% decline during the past three months. The decrease in whale transactions leads to SHIB’s price drop because institutions show less trust in the asset. According to analyst Ali Martinez, transactions exceeding $1 million have sharply decreased, contributing to weaker market conditions. Lower high-value trades indicate that major investors are either reducing their holdings or pausing further accumulation. As a result, liquidity has suffered, leading to increased volatility in SHIB’s price movement. Whale activity on the #ShibaInu $SHIB network has declined by 79% over the past three months. pic.twitter.com/sKPfZEdvgS The price movement of SHIB depends strongly on how Market Levels of support along with Market Resistance areas function The SHIB coin sustains its price at $0.000016 level before reaching the $0.000021 block for resistance. The cryptocurrency faces potential difficulty in recovering unless whale transactions increase because bearish technical indicators dominate the market. Market conditions indicate conservative attitudes combined with missing investor support from large players that causes SHIB to stay under constant price decline risks. The SHIB network experiences reduced whale action that matches the asset’s trending price devaluation. The significant drop in transactions performed by large investors indicates they might be selling out their holdings. Market liquidity deteriorates when whale activity weakens which produces substantial price fluctuations and generates instability in the market. Data from Coinglass highlights a pattern of outflows that have exacerbated SHIB’s price decline. Significant capital exits, particularly those exceeding $30 million in late May, early November, and mid-December, coincided with sharp drops in price. The largest outflow event, surpassing $50 million in November, further contributed to SHIB’s downward trend. SHIB shows $0.00001523 during current trading with a 2.48% downward movement since yesterday followed by a 9.58% decrease from last week. The combination of market capital value at $8.97 billion along with $229.2 million trading volume demonstrates ongoing market selling conditions. The bearish market analysis receives backing from technical indicator readings. Investment indicators demonstrate that the Relative Strength Index (RSI) currently measures 39.62 as it gets close to oversold levels. The Flint Stone value chart shows this market is susceptible to price inversion when the RSI reading dips below 30. A rise of the asset above 50 marks a confirmed movement of market momentum because of this condition. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

As of February 24, 2025, the cryptocurrency market presents the following overview: Global Market Capitalization: The total cryptocurrency market cap stands at approximately $3.23 trillion, reflecting a 0.90% increase over the last day. Bitcoin (BTC): Currently priced at $95,651, Bitcoin has experienced a slight decrease of $511 (0.53%) from the previous close. Ethereum (ETH): Ethereum is trading at $2,675.72, marking a decline of $128.41 (4.58%) from its previous value. Other Notable Altcoins: BNB: $638.72 Cardano (ADA): $0.733616 Solana (SOL): $156.89 XRP: $2.46 Polkadot (DOT): $4.70 Dogecoin (DOGE): $0.229692 Shiba Inu (SHIB): $0.000000006539 Litecoin (LTC): $123.15 Market Dominance: Bitcoin: Holds a dominance of 59.63% in the cryptocurrency market. Ethereum: Accounts for 9.95% of the market share. Market Sentiment: The current Fear & Greed Index indicates a sentiment of "Fear" with a score of 38. Overall, the market is experiencing minor declines, with Bitcoin and Ethereum maintaining strong dominance. Altcoins have also seen slight decreases in their valuations.