Is Shiba Inu (SHIB) Price Set to Surge in the Coming Days ?
After a prolonged period of decline, SHIB's price has recently seen a remarkable rebound, hinting at a potential bull run. A notable 18% increase in a week is sparking optimism.
Shiba Inu (SHIB) Breaks Resistances and Aims for All-Time Highs
After being under downward pressure for a long time, the SHIB price has now broken through the 50-day Exponential Moving Average (EMA) barrier and appears to be heading towards the 200-day EMA, a crucial step to confirm a potential trend reversal. Technical indicators, such as the MACD and RSI, also show encouraging signals, hinting at a possible upcoming bullish rally.
If SHIB successfully crosses the $0.00001797 level, investors could witness a new uptrend in the coming days. However, the road ahead is challenging as Shiba Inu’s significant supply still poses a major obstacle to a massive rally.
Analysts remain cautious, noting that the current SHIB rebound could indicate the start of a new bullish momentum. Only the continuation of this positive trend will determine whether Shiba Inu can break through crucial resistance levels and truly compete in the market.
How to Buy Shiba Inu (SHIB) on Bitget ?
If you are planning to invest in SHIB, here are some steps to buy it easily:
- Quickly create an account on Bitget using your email address.
- Complete the KYC verification.
- Deposit funds into your account via bank transfer, credit card, or crypto transfer.
- Access the Spot market and search for the SHIB/USDT pair.
- Specify the desired amount to finalize the purchase.
Before investing, regardless of the amount, it is recommended to stay informed about the current market conditions and potential risks. Always remember never to invest more than you can afford to lose.
Gaston Cuny
Gaston has been a writer for over 7 years and a passionate cryptocurrency enthusiast since 2020. He loves exploring the crypto ecosystem and is now dedicated to sharing his insights and discoveries through InvestX.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
This article is for informational purposes only and should not be considered as investment advice. Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
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