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Homeweb3.0Shiba Inu (SHIB) Sees Notable Rise in Price as Broader Crypto Market Rebounds

Shiba Inu (SHIB) Sees Notable Rise in Price as Broader Crypto Market Rebounds

Sep 21, 2024 pm 03:33 PM
Shiba Inu analysts Green Candles Huge Spike

The meme coin recently climbed above $0.000014 after six consecutive green 4-hour sessions. Amid this recovery, analysts predict a huge push in the token's value.

Shiba Inu (SHIB) Sees Notable Rise in Price as Broader Crypto Market Rebounds

Shiba Inu (SHIB) price analysis: preparing for a الكبير push?

Shiba Inu has seen a notable rise in price as the broader crypto market rebounds.

The meme coin recently climbed above $0.000014 after six consecutive green 4-hour sessions. Amid this recovery, analysts predict a huge push in the token’s value.

Shiba Inu gains momentum

Shiba Inu has registered an impressive 9% weekly gain, becoming one of the biggest winners during the current market rally.

According to prominent market analyst Crypto Sheriff, SHIB’s price now exceeds its 99-week moving average (MA) of $0.00001277. This signals a potential long-term bullish trend.

Here's another comeback!?

$SHIB will be huge! LFG!?

Shiba Inu builds toward new highs as it prepares for a الكبير push. However, a key resistance level could hinder its upward trajectory.

In his recent post, Crypto Sheriff highlights that the 99-week MA will act as a support level, aiding SHIB in its upward movement. If it sustains this level and breaches the $0.00001537 price mark, the upward trend will likely continue, with the next potential region at around $0.000020.

Moreover, Sheriff adds that the upcoming push “will be huge” as SHIB builds toward new highs. However, the coin trades below the 25-week MA of $0.00001911, which could be a significant resistance point.

Shiba Inu’s consecutive green sessions

Shiba Inu’s recent price surge has captured the crypto community’s attention. SHIB Knight, a well-known trader and community member, pointed out that SHIB has seen nine consecutive 3-hour sessions of gains.

$SHIB is so Back ???

Shiba Inu ۳٫۳٪ up in the last ۲۴ hours.

The last time SHIB had ۹٫۳小時 ۳٫۳٪ ۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳٪۳٫۳

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