The crypto market is still consolidating ever since reaching rock-bottom back in June 2022. Most cryptocurrencies are trying to reverse their trend and move higher, but non managed to break their resistance yet. Shiba Inu still needs a long shot to reverse its bearish trend. However, traders can make significant gains trading consolidation phases. This is because those price actions tend to be more predictable. Will Shiba Inu increase in prices soon? Let’s analyze in this Shiba Inu price prediction article.
Šta je Shiba Inu (SHIB)?
Shiba Inu je an Ethereum-bazirani altcoin sa lovačkim psom Shiba Inu kao amblemom. Njeni fanovi, grupa poznata kao SHIBArmy, nazivaju je "ubicom Dogecoina" i obično se smatra Dogecoin alternativa.
29. oktobra 2021. cijena Shiba Inua porasla je za više od 10 puta, što je kompaniji dalo tržišnu vrijednost od 41 milijardu dolara. Shiba Inu je odmah iza Dogecoina u prvih 10 svih meme kriptovaluta, uprkos oštrom padu vrijednosti tržišta na trenutnih 6.2 milijarde dolara od 25. septembra 2022.
Shiba Inu was developed on and is hosted on the Ethereum blockchain rather than its own blockchain since it is an Ethereum-based ERC-20 token. According to the founder Ryoshi, he decided to create the Shiba Inu ecosystem on Ethereum since it was already safe, reliable and permitted the project to maintain its decentralized nature.
Will Shiba Inu up go up soon?
Ako pogledamo makro grafikon SHIB-a, možemo uočiti dvije faze: SHIB na snažnom silaznom trendu kao prva faza i SHIB u konsolidaciji kao druga faza. To znači da su trenutno cijene neodlučne i da se kreću bočno između dva cjenovna područja.
In figure 1 below, we can clearly see those two phases. The upper and lower trendlines of the sideways are delimited by a low price of $0.000008 and $0.000018. SHIB prices are expected to rebound higher trendline, but for now, prices seem to be bearish. This is in fact confirmed by the overall sentiment in the crypto market which is currently bearish. So for now, SHIB prices should continue downwards and reach a price of around $0.000010
SHIB predviđanje cijena – Koji su ciljevi Shiba Inua?
Now that we know the consolidation area of Shiba Inu, we expect SHIB to increase in prices as soon as the price of $0.000018 is breached higher. Once this happens we expect by then that the overall crypto market is back on its bullish momentum. This means that most cryptos already broke their respective resistances.
Ako se to dogodi, evo ciljeva koje Shiba Inu može postići:
- $0.000021
- $0.000025
- $0.000030
Možemo primijetiti da cijena SHIB-a vjerovatno neće porasti preko noći. U stvari, za te ciljeve su potrebna najmanje 2 mjeseca jer bi SHIB mogao nastaviti niže prema donjoj liniji trenda u kratkom roku. Zbog toga bi trenutno moglo biti rizično otvoriti dugu poziciju u SHIB-u.
Moglo bi vam se svidjeti
Više od Altcoina
Source: https://cryptoticker.io/en/shiba-inu-price-is-about-to-increase-because-of-this-indicator/