Will Shiba Inu (SHIB), which appeared only for entertainment purposes, but then started producing benefits with its projects that it put into effect, rise again? Joke coins are being flocked by investors who are aiming for high profits in the short term. People who invest in each new project in order for the lottery to hit him, at some point just try their luck. Shiba Inu was one of them and offered serious earning opportunities to early-stage investors, so is it too late to get a SHIB now?
Shiba Inu (SHIB)
Adam Aron, CEO of AMC, opened a survey on October 29 to measure the community’s opinion of Shiba Inu. The decision that the company made for Dogecoin (DOGE) is similar to Shiba Inu (SHIB) he announced that he would also accept their payment. In the first 3 months of next year Shiba Inu (SHIB) it will be supported by the company as a payment method.
Another important event is worth $ 1,729,551 SHIB the popular ETH whale that he reportedly bought is the ”Gimli”. It was supplemented by the purchase made by a whale on the last ascent. Million-dollar purchases by powerful investors and the fact that the community is growing rapidly SHIB it’s supportive for you. The SHIB community, which has surpassed Ethereum in the latest number of followers, has approached 2 million.
Shiba Inu (SHIB) Technical Analysis
The double-digit rise for SHIB has now become extremely normal. But there is only one way to do this again. Exceeding the critical 0.000059 dollar resistance and closing above it will show that the price has turned its direction up again. In order for a major collapse not to begin, the 0.00005280 support must be maintained. But the price is below this critical zone by 0.0000513. In other words, if you log in from this region with a 5% stop, you can make a profit in case of return.
The four-hour chart is not very encouraging, as a result of taking the above risk, you are much more likely to fail. All but 200 of the moving averages are in the sell zone, and the RSI is approaching the very bottom of the oversold. The MACD is negative, and momentum also confirms that the bulls remain weak. If you are going to take a SHIB, you may have the opportunity to try your hand at lower levels.