Shiba Inu
According to Coindesk, the world’s second largest meme token has grown by more than 3% in the past 24 hours, reaching a height of $0.00001416 at one point.
The move happened, with market leader Bitcoin rising by $122,000 to boost the momentum of a new lifetime high in the wider cryptocurrency market.
Shib soared 20% this month, surpassing BTC’s 13% earnings. BTC-beating Exportion has
Key AI Insights
- SHIB gained 3% in 24 hours from 24 hours from July 13 to July 14 at 11:00, up from $0.000013314 to $0.000013720
- The token was volatile merged at a 60-minute meeting from 10:51 to 11:50 on July 14, with traders withdrawing 1% to 0.000013722 as they make profits.
- Market analysts predict that SHIB has a potential pull rate of 1,500% due to its weekly burn rate of 2,080%.
- Meme-based tokens successfully regained the $80 billion market valuation threshold as expectations for AI initiatives continue to grow.
Analysis of AI volume price trends
- In the past 24 hours, Shib confirmed a key support area of $0.0000001309, with a large amount of support of 536.21 billion tokens.
- The resistance level has been determined to be $0.000014103, accompanied by special volume activity of 2.44 trillion tokens.
- The price chart shows a unique upward trend pattern with low patterns indicating constant buying pressure.
RSI is close to 70
14 related strength indexes of tokens, which measure the speed and changes of price movements that are safe for about two weeks,
The rapid closure at the 70th mark is widely regarded as the threshold for over-buying. However, in reality, it only shows that the upward momentum is increasing.
The bullish signal is because cryptocurrencies seem to be out of the shoulders should follow the pattern.
Disclaimer: Part of this article was generated with the assistance of AI tools and reviewed by our editorial team to ensure accuracy and compliance Our standards. For more information, see Coindesk’s complete AI policy.
