Preparing to Roar Again: Is a Shiba Explosion Approaching?
The Shiba Inu (SHIB) coin is making a strong comeback to the crypto scene! After a period of sideways movements, momentum indicators are reflecting increased activity, which may indicate a significant move is imminent.
Latest News:
The Shibarium platform continues to expand, with increasing network usage in decentralized transactions.
An 18% rise in the number of SHIB holders over the past two weeks, showing growing confidence in the project.
An increase in the daily burn of coins, reducing supply and supporting the price in the future.
Technical Predictions:
The price of SHIB is currently consolidating above the support level of $0.00001444, and if it breaks the nearby resistance at $0.00001501, we could witness a strong surge towards $0.00001525.
Indicators like RSI and MACD support a positive scenario in the short term, with growing momentum on smaller timeframes.
Current Trading Opportunities:
For speculators: Smart entry during a correction towards support, with an initial target near resistance.
For investors: Gradual buying seems like a good option, especially with the development of the Shibarium ecosystem and the shift towards NFT and DeFi projects.
Summary: $SHIB
No longer just a meme coin... the project is gradually transforming into a comprehensive system. With positive news and technical momentum, the next strike could be strong. Will you be among the riders of the new SHIB wave?
#SHIB #Write2Earn $SHIB