Shiba Inu (SHIB) entered a consolidation process in the range of 0.00001440 – 0.00001456 after the volatil movements in recent weeks. Crypto currency, which lost 5.4 percent in the last 24 hours, drew attention with its intense sales pressure and increasing transaction volumes. However, more than 1.13 million wallet holders have been interpreted as a signal of trust in the community. On the ecosystem side, the decentralization -oriented updates in the Shibarium block chain emphasize the project’s effort to overcome the label “Breast Coin” label.
Tests of Volatility and Support Levels in Shıb’s price movements
In the last 24 hours, SHIB fluctuated between 0.00001507 and 0.00001424 and exhibited a 5.5 percent volatility. Especially with the sales pressure of around 23:00, the transaction volume reached 1.72 trillion. Meanwhile, the level of 0.0000146 stands out as resistance, while the price was stuck in a narrow band after the sudden decrease. The tests below 0.00001440 were observed to be active.
On May 24, the price fell to 0.00001430 with the volume jumping to 16.45 trillion between 13: 54-13: 57. However, at 14:01, he increased to 0.00001441 and gave a short -term recovery signal. Although technical analyzes point to a moderate rise potential, a clear break signal has not yet occurred. Experts consider the protection of 0.00001440 support as an indication that investors are not completely withdrawn from the market.
Long -term investors and innovations in the ecosystem
Shıb’s most striking feature is that 1.13 million addresses have been loyal to their assets for more than a year. This reveals that the community’s belief in the project and the psychology of “Holder” are dominant. Block chain data show that investors patiently expect patiently at their current price levels.
The Shibarium team is working on a new update to increase decentralization and improve transaction efficiency. The project aims to expand its usage areas by strengthening its infrastructure. This move is part of the strategy of integrating Shıb into real world practices, raising Shıb from being a speculative tool. 0.00003 estimated for 2025, such as Google Gemini, feeds investors’ optimism.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
