The anonymous crypto analyst pullbacksignal has published a technical analysis of Shiba Inu (SHIB) via TradingView, which attests to the cryptocurrency a strong upside potential. In the 4-hour chart against Tether (USDT), the Shiba Inu price has formed an inverse head and shoulders pattern, traditionally recognized as a bullish reversal signal following a downtrend.
Within the ever-evolving realm of cryptocurrencies, the liquidity of the Shiba Inu (SHIB) ecosystem is now soaring to an astounding 800 million. This spike highlights the active trading and increasing investor interest in the well-loved meme currency, paving the way for future price changes and tactical adjustments within the SHIB community.
On-chain data shows the Shiba Inu whales have been making large outflows from exchanges recently, a sign that could be bullish for SHIB’s price. Large Shiba Inu Exchange Wallets Have Been Losing Supply Recently In a new post on X, the on-chain analytics firm Santiment has discussed the trend forming in the holdings of the […]
The on-chain analytics firm Santiment has revealed how Shiba Inu (SHIB) and Cardano (ADA) are among the altcoins seeing high whale activity recently. Shiba Inu & Cardano Have Seen High Interest From Whales Recently In a new post on X, Santiment has talked about how some altcoins have been seeing a high Whale Transaction Count recently.
In a post on X (formerly Twitter), Lucie, the marketing lead for Shiba Inu, has provided potential investors with a new set of guidelines for evaluating projects within the Shibarium ecosystem, a dedicated layer-2 blockchain aimed at enhancing the Shiba Inu network.
On-chain data shows the number of daily new addresses for Shiba Inu recently hit levels almost 20 times the average for last month. Shiba Inu Has Witnessed Surge In Adoption Recently According to data from the market intelligence platform IntoTheBlock, Shiba Inu has seen a surge in its new addresses this month. The “new addresses” […]