The crypto currency market is going through an active period under the influence of global political tensions and changing commercial policies. In this atmosphere, Shiba Inu’s Shıb Token showed a remarkable resistance despite the challenging market conditions. Despite the sudden price fluctuations during the day, Shıb’s performance continues to attract the attention of investors and crypto currency followers.
TECHNICAL ANALYSIS AND MARKET FIXING
Shıb Token was traded between 0.0000139 and 0.0000147 dollars in the last 24 hours and a price range of 5.24 percent. The crypto currency, which faced a significant sales pressure during the afternoon, experienced a rapid recovery with the increase in the transaction volume after completing the lowest level. Around 22:00, the price rose by 3 percent with a volume of approximately 900 billion and created a new level of resistance.
This powerful recovery, which was observed after 22:00, led to an increase in short -term confidence of investors. The high -volume transactions recorded during the sales wave revealed that Shıb had intervened at significant support levels. In the last hours of the day, mobility continued and the price showed a 4.5 percent fluctuation between 0.00001453 and $ 0.00001463.
As of 01:26, SHIB found strong support at $ 0.00001455. Then, the volume of the transaction increased to a recovery of 0.00001463. This increase in volume pointed out that the purchase appetite continues. However, the increase in sales printing in the last 15 minutes has caused the formation of a short-term horizontal-firing channel in the short term.
Market and investor expectations
According to experts, Shıb’s short -term price movements stand out especially with sudden increases and rapid retreats. Analysts emphasize that Shıb’s creating a new level of resistance shows the market power and has found significant support. The resistance level at $ 0.0000147 shows that investors will continue to closely monitor the price trends of the future.
“Shiba Inu shows a sudden price strengthening that resists market decline, Co Coin Edition said in a statement.
The increase in volatility throughout the market brings an instant price volatility for Shıb. The conditions that cause this include macroeconomic changes and global economic uncertainties. Crypto money analysts take into account both technical indicators and global market dynamics in Shıb’s performance valuation.
Investors and followers continue to monitor the new levels of support and resistance in a short and medium term. Critical price points contain both confidence and risk elements for the investor base at the same time.
In the coming days, as well as technical indicators, Shıb’s mobility depends on the news and market expectations, it is possible by experts. Sudden volume increases and price splashes indicate a volatil market structure in the short term.
Shıb’s recent resistance and recovery tendency, especially the formation of the new resistance point and the technical analysis was found to be remarkable. However, in the short term, market pressures and fluctuations may continue in the expert views.
Shiba Inu’s Shıb Tokeni attracts the attention of investors by showing significant price movements in recent days. Following the wave of sales seen in the afternoon, the rapid recovery showed that confidence in the market continues to some extent. However, instant fluctuations and volatility in Shıb’s price are both opportunities and risks for crypto investors. While investors continue to closely follow the levels of support and resistance, Shıb’s performance may be directly related to market developments in the short term.
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.
