SHIBA INU (SHIB) has stabilized after significant pricing volatility, establishing a consolidation pattern between $ 0.00001440 and $ 0.00001456.
The Token Meme faced intense sales pressure with a volume that reached 1.72 billion during the maximum decrease, but multiple support tests at $ 0.00001440 showed a strong interest of the buyer.
Despite short -term fluctuations, Blockchain data reveals a remarkable loyalty of the headline, with more than 1.13 million addresses maintaining their positions for more than a year, indicating confidence in Shib’s long -term perspectives.
The Shiba Inu ecosystem continues the development with a significant update of Shibarium blockchain focused on improving decentralization. This is aligned with the team’s strategy to improve the utility beyond the State of Meme.
Although the technical indicators show mixed signals with a moderate bullish impulse but that lack a strong rupture confirmation, the predictions of the platforms such as Google Gemini suggest a potential growth at $ 0.00003 by 2025, which represents a possible increase of 105.9% of the current levels.
TECHNICAL ANALYSIS
- Shib experienced a remarkable decrease in the price of 5.4% during the 24 -hour period, with the general range covered by a maximum of 0.00001507 to a minimum of 0.00001424, which represents a volatility range of 0.00000083 (5.5%).
- The Token found a strong resistance backed by the volume at the level of 0.0000146 during the 23:00 hours when intensified pressure is sold with a volume that reaches 1.72 billion, significantly above the average of 24 hours.
- After the acute decrease, Shib established a consolidation pattern between 0.00001440 and 0.00001456, with multiple support tests to 0.00001440 that shows the buyer’s interest, which suggests a potential stabilization before the next directional movement.
- In the last minute, Shib experienced significant descending pressure, falling from 0.00001448 to 0.00001440, which represents a 0.56%decrease.
- The Token faced an intense sale between 13: 54-13: 57, with a volume that increases to 16.45 billion at 13:57, creating a local fund at 0.00001430.
- There was a brief attempted recovery at 14:01 when the price was recovered at 0.00001441, forming a potential support zone between 0.00001439-0.00001440, although the impulse remains bearable as evidenced by the inability to claim the level of resistance 0.00001445.
External references
