Home >Topic List >shib coin latest news
shib coin latest news
Shib is currently still in an uptrend, up about 60% since its October lows. The cryptocurrency also continues to hold above its 21-day moving average. However, there are currently circumstances that threaten to disrupt this trend. May lead to short-term decline. If a bear market occurs, it is likely to quickly retest the support area between $0.000009 and $0.0000095, which is the location of the 50-day moving average. In technical analysis, a breakout of the support area could signal a further downward trend.
Shiba Inu Coin SHIB Price PredictionWith Shiba Inu Coin (SHIB) price currently up nearly 10% from recent lows, some bulls are beginning to question whether a new rally has begun. Shiba Inucoin price is trading near $0.000000925, bouncing off three lows made last week below $0.0000085. Shiba Inu price has seen gains as the overall cryptocurrency market picks up steam.
Shiba Inu coin SHIB trendSHIB is still in an uptrend, up about 60% since its October lows. The cryptocurrency also continues to hold above its 21-day moving average. However, there are currently circumstances that threaten to disrupt this trend. May lead to short-term decline. If a bear market occurs, it is likely to quickly retest the support area between $0.000009 and $0.0000095, which is the location of the 50-day moving average. In technical analysis, a breakout of the support area could signal further downtrend.
Justin Sun withdrew $60 million from Binance, with ETH accounting for the highest proportion, followed by AAVE, SHIB, etc.There has been some commotion recently regarding issues related to Tron founder Justin Sun’s cryptocurrency ecosystem. First, TUSD, the fifth-largest stablecoin by market value, announced its decoupling from Tron on the 16th. Then, Huobi Exchange experienced a large-scale failure at 8 pm on the 19th. Withdrawing 60 million U.S. dollars in equivalent tokens. According to Lookonchain data, starting from December 18, 2023, Sun Ge began to withdraw assets from the Binance exchange and hoard a large amount of coins on the chain. The total withdrawal value reached 60 million U.S. dollars. Cryptocurrency assets of equivalent value. These assets include a variety of cryptocurrencies, the largest of which is 17,433 ETH, worth up to $43 million. In addition to this, during the month he also withdrew 68,9
Related Resource DownloadsMore>