broader market recovery sentiment on the green sideShiba Inu (SHIB)
Shiba Inu, the second biggest meme coin with 13th position globally, clearly showcases a declining wedge pattern and has recently surged by testing the crucial support trendline. The strong buying has been witnessed, as a liquidity grab candle has formed from the $0.00010 psycholog
Key stats
About Shiba Inu
What would crypto be without canine-based tokens? Probably a lot less chaotic, but that didn’t stop an anonymous dude called ‘Ryoshi’ from creating Shiba Inu in 2020 — which, thanks to the so-called ‘Shib Army’ and Vitalik Buterin famously burning 40% of the supply, saw massive gains during 2021. Unlike fellow crypto-canine DOGE which operates on its own blockchain, Shiba Inu is based on Ethereum to give it increased scalability. To date, some of its use cases include an NFT "artistic Shiba movement" and a campaign via AmazonSmile to collect donations to rescue real Shiba Inu dogs. Pretty cool.
its price on a recovery pathThe meme coin Shiba Inu is currently facing a pivotal resistance level at $0.00002320. Breaking through this barrier could see its value rise to $0.00002550. Such a move might set the stage for reaching the $0.00010000 threshold.
However, a downturn could push its price down if seller's rises from
Shiba Inu Crypto Plummets Below 50-Day EMA: Bearish Days LoomingThe Shiba Inu crypto has been on a free fall for the last five intraday sessions.
The daily chart witnesses the formation of an interesting channel pattern.
Shiba Inu crypto is struggling to find stable ground and has been in a declining trend. The bears are currently in control of the market, and
Shiba Inu Trade Setup- Wait for Shiba Inu to retrace first because the trend looks really flat to Bearish
- I wouldn't accumulate Shiba Inu at the current price neither will I recommend as well.
- It's better to wait first and observe the price Action for Shiba Inu
- If you accumulate the retracement then you can expec
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Shiba Inu (SHIB) is 0.000015570 USD — it has risen 4.13% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing SHIB price chart.
The current market capitalization of Shiba Inu (SHIB) is 9.17 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Shiba Inu (SHIB) trading volume in 24 hours is 423.59 M USD. See how often other coins are traded in this list.
Shiba Inu price has fallen by −1.77% over the last week, its month performance shows a 24.98% increase, and as for the last year, Shiba Inu has decreased by −38.51%. See more dynamics on SHIB price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Shiba Inu (SHIB) reached its highest price on Oct 28, 2021 — it amounted to 0.000088410 USD. Find more insights on the SHIB price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Shiba Inu (SHIB) reached the lowest price of 5.329e-11 USD on Dec 9, 2020. View more Shiba Inu dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The number of SHIB addresses is 4.76 M and the count of active addresses is 4.38 K.
The average balance in USD is 10.61 K.
The current circulating supply of Shiba Inu (SHIB) is 589.50 T USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
Shiba Inu has the limit of 589.55 T coins. No matter how the currency evolves, no new coins will be released after this number is reached.
You can judge how popular Shiba Inu (SHIB) is and how actively traders buy and sell it by its number of transactions - it's now reached 5.43 K, which is 60.69 M USD.
Average SHIB transaction in USD is 11.17 K. You can find even more Shiba Inu stats in our Crypto Coins Screener.
The safest choice when buying SHIB is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade SHIB right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Shiba Inu (SHIB): today its technical analysis shows the buy signal, and according to the 1 week rating SHIB shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's neutral. Find inspiration in Shiba Inu trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Shiba Inu (SHIB) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Shiba Inu is estimated as 4.92% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Shiba Inu, you can find more inspiration in our curated watchlists.
You can discuss Shiba Inu (SHIB) with other users in our public chats, Minds or in the comments to Ideas.