CandleFocus Shiba Inu (SHIB) Finally Breaks out From Downtrend
2024-11-18
Author: Content Editor
The Shiba Inu (SHIB) cryptocurrency is showing signs of emerging from a downtrend as it trades near a crucial resistance level. It has successfully broken above important moving averages and has seen increased trading volume, indicating rising investor interest. Recent on-chain data also suggests significant activity from large holders and a majority of SHIB holders being profitable. However, the concentration of large holders raises vulnerability to whale activity and potential volatility. Despite this, trading volumes remain consistent, and if the current momentum and trading volume continue, SHIB may surpass its recent highs. New investors may be attracted by a clear break above a certain resistance level, but traders should remain cautious of potential profit-taking by large holders.
Related News
Bitcoin poised for growth amid Trump policies and economic optimism – Fundstrat’s Tom Lee You Think You Had a Bad Day? Brazilian YouTube Star's Bitcoin Nightmare Led to Hospitalization DMM Crypto’s Seamoon Protocol Faces Uncertainty Amid Stability Challenges and Project Termination What’s Next for ADA Price As Cardano Nears $1? This Is Why Dogwifhat (WIF) May Fall Under $3 Will Shiba Inu Price Follow XRP’s Path Above $1 In 2024? US equities recover after Trump-fueled rally lost steam last week ABGA Partners with Animoca Brands for Kaia Demo Day Has Altcoin Season Begun? Analytics Company Gives the Answer According to Its Special Metric JUST IN: MicroStrategy Proposes $1.75 Billion Private Bond Offering to Buy Bitcoin Can a Strategic Bitcoin Reserve Move Forward Without Congress? Experts Disagree Hedera (HBAR) Price Climbs to 7-Month High: What’s Next ИИ-мемкоины – новый тренд или просто хайп? Trump’s social media group in talks to buy crypto exchange Bakkt Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec Coinbase CEO Brian Armstrong will have a chat with president Trump privately ‘Next Chosen One’ Altcoin Could Significantly Outperform Solana (SOL), According to Macro Guru Raoul Pal XRP News: Ripple Whales Bag $526M Coins As XRP Eyes Rally To $7.5 Suntory Group to Launch Tokenized Premium Malt’s Beer on Avalanche Blockchain Analysts Target GALA Price at $0.050: Possible or Not? FLOKI Surged 21% As Coinbase Confirmed Listing Roadmap When Will Bitcoin Price Reach $100,000? Here are Experts’ Predictions Bitcoin price metrics point to more upside despite $92K acting as resistance Avalanche (AVAX) Set for Token Unlock: Will Prices Hold Steady? Institutional Capital Meets Blockchain: MANTRA’s Strategy Revealed Pump.fun fee account sells $25m SOL These Meme Coins Have Pumped More Than Dogecoin This Week Another Publicly Traded Company Adds Bitcoin to Its Balance Sheet Beam crypto rises 12% in 24 hours: More gains to come? 75.8 BTC ($6.94M) Bought Again By a Whale—Total Holdings Since July Reach 1,368 BTC Gameta and Robin Ecosystem Partner to Advance Web3 Payment Solutions PEPE Price Chart Forms Bull Flag, Could Restore 100% of Holders to Profitability Ripple vs Traditional Banking: Brad Garlinghouse’s Opinions! Tezos (XTZ) price spikes 64% to hit 8-month high Starknet and Travala Join Forces, Making Crypto-Powered Travel Payments Accessible to All Northstake Partners with 3iQ to Unlock Institutional ETH Staking Potential From promise to niche: The rise and decline of Vyper Solana ETF may be launched soon: Here is the possible deadline XRP Price Surge to $10 Predicted as Analysts See Strong Momentum Bitcoin Near-Term Outlook: Enjoy the Ride, but Stay Prepared How hedge funds and big banks traded IBIT and other Bitcoin ETFs in Q3 Leading XRP ETP Surpasses Major Milestone Solana Aims for $500 with Bullish Pattern Breakout Top Weekly Performers on Binance: A Spotlight on Growing Tokens SBI, UBS and Chainlink complete pilot for automated tokenized fund solution DeFi Platforms Burn $58.9M in $ETH Past Week, Led by Uniswap Bitcoin Forms Bullish Pennant That Shows Surge To $113,000 Is Coming, Here’s How Chiliz Launches Web3-Enabled Socios.com Wallet for 2.3M Users ? Elon Musk Owns Dogecoin, Shares Space X’s Bitcoin Relation! Ethereum Price Analysis: Is ETH in Danger of Falling Below $3K Soon? Bitfinex Hack Launderer Heather 'Razzlekhan' Morgan Sentenced to 18 Months in Prison THORChain’s mindshare sees uptick: Can RUNE’s price follow suit? Ethereum Technical Analysis: Ether Consolidation Hints at a Make-or-Break Moment Avalanche Price Eyes Major Rally: Could November Bring 40% Gains? Bitcoin on Exchanges Hits Lowest Level Since November 2018 Polkadot (DOT) and ORDI Breakout: 100%+ Price Surge Ahead? Terra Luna Classic Saw 2.27T Weekly Volume, LUNC Price Set to Hit $0.0005? Price analysis 11/18: SPX, DXY, BTC, ETH, SOL, BNB, XRP, DOGE, ADA, SHIB BAN Price Surges 80%, AKT Rises 25% On Binance Futures Listing Ripple Price Analysis: XRP Surges Above $1 but is a Correction Imminent This Week? Arca to create ‘one-stop shop’ for investors after BlockTower merger Privacy is the ultimate shield against blockchain vultures BREAKING: Binance Announces the Launch of its New Stablecoin – Here are the Details BlackRock’s Bitcoin ETF options set to launch tomorrow Solana price targets $400 after monthly cup-and-handle breakout — Analyst Cardano-Bitcoin bridge may be first step to true Bitcoin DeFi Bitcoin price dips 3% as liquidity hunt follows $4.6B MicroStrategy buy Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing dYdX Unlimited Coming in November With Many New Features Bitcoin at $90,000: Extreme Greed Puts New ATH in Jeopardy Dogecoin tests critical support as 2 key areas see a rise Over 60% of LTC holders are now in profit—the highest since April Speculation looms over SEC leadership under Trump as rhetoric escalates Donald Trump-endorsed World Liberty Financial still 32% off revised goal Lawmakers urge Treasury crack down on crypto mixers amid Tornado Cash sanctions JUST IN: Coinbase Announces It Will List An Altcoin In Futures Bitcoin ‘daily pennant’ targets $125K as BTC coils near its all-time high Options trading on spot Bitcoin ETFs may launch this week as OCC 'preparing for the clearance' Shiba Inu (SHIB) Whales' Strategy Revealed: Here's What Major Investors Are Doing Right Now Dogecoin Developer Issues Crucial Warning to Community Solana Tokens See Major Volume Surge Past Week, $SOL Leading the Pack BTC, ETH and XRP Price Prediction for November 18 Goldman Sachs To Launch Digital Assets Platform Amid Growing Institutional Interest Chainlink Whale Activity Hits High: Analysts Eye $100 LINK Cardano Founder Shares Who is Eligible for Midnight Airdrop SOL and BNB Price Prediction for November 18 Why These Altcoins Are Trending Today — November 18 CryptoQuant CEO Says "It's Just Getting Started!", Reveals Ceiling Price for Bitcoin (BTC) Mantra price loses momentum as whales sell, gets overbought XRP Price Stuck at $1: Will Bulls Push Higher? Sui Price Is Up 930% From Its All-Time Low: Can It Surge To $10? Bitcoin Technical Analysis: Candlestick Patterns and Volume Trends Hint at Bitcoin’s Next Move Here is the Most Positive Sign for XRP and Its Price Spike Expert Asserts XLM Space Launch is Imminent, Targeting an 850% Upsurge to $2.27 IOTA Rebased: Fast Forward Ethereum price is on track to hit $10k, crypto analyst predicts Major Sign of Distress Spotted in Cardano (ADA) Rally The Bitcoin Paradox: Born to disrupt traditional finance, now thriving within it Is Cardano Price Set to Skyrocket Amid SpaceX Partnership Rumors? Bitcoin’s mission to flip gold demands one last 10x Analysis Company Says “A Short-Term Correction May Come in Bitcoin, But the Bull Is Not Over”, Announces Its Prediction for the Real Peak! Meme Coin Mania Ignites Activity on Solana, Coin Eyes the $260 All-Time High IOTA Rebased: Public Testnet and DevNet Guide Vitalik Buterin Criticizes 'Based' Rollups Idea Which Altcoins Did Institutional Investors Buy as Bitcoin (BTC) Broke New Records? "Four Altcoins Stand Out!" Crypto Enthusiast Donates $190K in $scihub to Back Free Scientific Access $33 XRP ATH Gains Momentum as Analyst Expects Another 30% Pump for Bitcoin to Hit ATH of $116,652 Monad Testnet Launches as Ethereum-Compatible Layer 1, Promising High Throughput and Enhanced EVM Performance Semler Scientific Added 215 Bitcoin to Holdings, Bringing Stack to 1,273 BTC Hedera News: Trump’s Pick for SEC Chairman Might Be HBAR’s Own Brian Brooks PEPE Price Could 10x: Why This Meme Coin is Gaining Traction Trading Volume Soars, But Hamster Kombat Faces Big Challenges Leading Polygon DeFi QuickSwap Launches Ethereum Liquidity Hub: Details Lido Co-Founders Said to Plot Competitor to Sam Altman's World Network Crypto Trader Made $6M Profit With MANTRA, OM Price Pares Gains Tron’s TRX Could Reach $20, Founder Justin Sun Predicts Will Ethereum Price Climb to $4K After Reaching $3K? 3 Altcoins to Watch in the Third Week of November 2024 Cardano Forms First 2024 Golden Cross, What's Next? Ripple Accelerates Stablecoin Launch With RLUSD Transfers to Unknown Ethereum Wallets XRP price surged to $1: will Stellar Lumens XLM be next? Stablecoin Minting Hits Bullish Highs: A $127B Signal for Crypto Investors? Ongoing Dexx Hack Costs Drainage of More than 9,000 Transactions Dogecoin (DOGE) Slip from $0.43 Leaves Holders Undeterred — Next Rally Coming? 3 Artificial Intelligence (AI) Coins to Watch Ahead of NVIDIA Q3 Earnings Why Is Bitcoin Trading Volume So High? BTC Turnover Rose by 80% in a Year Blockchain Meets Big Data: DigiThree Labs’ DGMV Technology Certified as ISV for Hitachi Vantara’s HCP Bitdeer reports $50 million loss due to Bitcoin halving, increased R&D costs Analysts Predict Dogecoin Surge to $11 Amid Gaussian Channel and Symmetrical Triangle Patterns Mike Tyson: the passion for Bitcoin and cryptocurrencies Pro-XRP Lawyer John Deaton Issues Major Call on Next SEC Chair Quantoz To Issue Regulatory-compliant Stablecoins Pegged To The Euro (EURQ) And US Dollar (USDQ) On Ethereum Base Network Reaches 1 Billion Transactions Cardano Skyrockets 3,400% in Fund Inflows as ADA Price Goes Parabolic MARA to Offer $700M Convertible Senior Note, Share Falls 5% Ethereum Debate Continues! Four US Representatives Complain About ETH Services to the Giant Company SEC and FINRA! Shiba Inu: Imminent Breakout to 50% Surge on 6200% Burn Rate? Project Liberty Joins SOAR to Challenge Centralized Social Media Giants With AI, Decentralized Data Why the $1 Mark May Not Be Around the Corner for Cardano (ADA) DOGE Price Chart Shows Strong Indicators for Major Pump, $1 DOGE Price Steps Closer XRP continues its bullish rally with price nearing $1.20 Red weekend: Bitcoin posted biggest two-day retreat since the US election Stacks Soars with Nakamoto Upgrade, $2.75B Market Cap, and Cross-Chain Expansion Cardano price: what next for ADA after 130% spike? Satoshi Nakamoto Published Oldest Known BTC Code on This Date 16 Years Ago: Details Bitcoin Tops $91K, Becomes The 7th Most Valuable Asset Bitcoin Cash price prediction as BCH hits resistance near $500 The Solana Surge: Will $SOL Price Break $259.96 ATH Today? MATIC Price Prediction: Expert Hints Polygon to Rally 3050% FBS Highlights the Role of Tokenized Assets in Revolutionizing Global Finance Ethereum ETF Riddle: $515M Inflow, Yet ETH Price Stalls Dogecoin (DOGE) to Exceed $1 and Claim Title 'King of Crypto,' Says Top Analyst Is Stellar (XLM) Set for Further Gains or a Pullback? Bernstein outlines $200,000 bitcoin target catalysts as price nears fresh all-time high ? Mantra (OM) Secures New All Time High with 191% Surge Bitcoin mining profits in Russia to face new 15% tax rules, officials say Analyst Sets Next Short-Term XRP Target at $2.82: Here are Support and Resistance Levels to Watch The report by Messari on the DePIN IoTex protocol update 5 Reasons Bitcoin Price Can See Steep Correction Before $100K Top Investor Says He is Not Selling Shiba Inu Until SHIB Soars 1,967,629% to $0.50 Cardano Founder Confirms He is Actively Discussing with US Lawmakers to Create a Comprehensive Crypto Framework As XRP Reaches Record Levels After Years, Analysts Explain the Reasons and Expectations for the Rise! Shiba Inu (SHIB) Finally Breaks out From Downtrend Bitcoin's Correlation to U.S. Equities and Ether Weakens: Van Straten XRP price breaks $1 barrier after 100% weekly surge SUI Price May Correct Before Targeting Higher Levels, Say Analysts Bitcoin Exchange Binance Announces Listing of Two New Altcoin Trading Pairs for Margin Trading! Bitcoin Price Prediction: Is The Journey to $100k OVER? Bitcoin’s Price Tests $92K, Ripple (XRP) Bulls Looking for Next Targets (Market Watch) The Ripple Run: Will XRP Price Surge to $2 or Fall to $0.75? XRP Jumps 158% to $1.26, Reaches 3-Year High Linked to Trump’s Crypto Agenda XRP ATH on Cards as Google XRP Search Interest Soars to All-Time High XRP Price Eye $3 as Ripple Breaks Above $1 for First Time in Years Robinhood CEO criticizes UK over ‘backwards’ crypto stance How high can XRP price go? XRP Battles Market Bears: Selling Pressure Puts $1 Level in Jeopardy XRP Records Highest Weekly Close in 3 Years After Surging Past $1 Bitcoin Near a Record High Might Be Just Half the Journey as BCA Research Signals $200K Centralized exchanges face a hard blow amid cooling liquidations Shiba Inu Burn Rate Soars 6200%, SHIB Price To $1 Possible? Will Solana Bulls Push the Price to Its All-Time High? CSPR breaks out of multi-month downtrend after 100% rally Australia 'Risks' Falling Behind as RBA Governor Rejects Crypto's Financial Role Crypto exchange OKX launches Singapore dollar funds transfer service for local customers TAI Price Soars 26% As GSR Adds Liquidity, More Growth Coming? Crypto Transactions Surge in Spain's Real Estate Market Bitcoin Exchange Binance Announces Addition of Three New USDC Pairs to Margin Platform! Here Are the Details Can Kusama Economic Proposal For Trump Push SHiba Inu Price to $0.0001 Bitcoin Exchange OKX Shares New Altcoin Listing Announcement! Top Trader Says Proper Parabolic Rally for Bitcoin Should Come As No Huge Surprise – Here’s Why Cardano (ADA) to $2.48? Hoskinson, Trump Boost Price 20% MEW hits $1B market cap: Is the $0.02 milestone within reach? South Korean city threatens to sell crypto of tax debtors South Korea’s Crypto Exchanges Gain Power to Freeze Transactions BTC price weekly close nears $90K — 5 Things to know in Bitcoin this week Will Solana Price Double As Dominance Soars to New ATH? Andrew Tate Makes the Case for Bitcoin Over Other Investment Options Jupiter surges past $2B TVL: Is this the catalyst for JUP’s next rally? HBAR price prediction as Hedera Hashgraph points to a 60% jump Missed BTC Rally to $93K? Bitcoin Memecoins Could Be Next to Watch Will XRP Reach $1.50 as Price Rallies 7% Continuing Bull Run? Financial 'Indiana Jones': The Massive Bitcoin Rally Has Not Even Started Dogecoin (DOGE) Eyes $0.50 Again: Is a New Rally on the Horizon? Analyst Calls SUI “Best Thing to Buy” When Bitcoin Corrects; OI Reaches New ATH Cardano (ADA) May Dip Before Potential Rally To $1.20 Kraken, Tether-Backed Dutch Firm Rolls Out MiCA-Compliant Euro, U.S. Dollar Stablecoins Solana Crushes Ethereum in Terms of Volume BlackRock receives license to operate in Abu Dhabi Crypto lender Polter Finance halts operations after $12M hack Mantra price prediction: Here’s why the OM token is surging Metaplanet Follows MSTR's Lead, Announces $11.3M Debt Sale for Additional Bitcoin Purchases Can Dogecoin Price Surge 200% After Hitting a Blockade? Microstrategy outperforms Warren Buffet’s Berkshire Hathaway by the largest margin since the dot-com bubble Frenzy Alert: JPMorgan's Bitcoin Retail Sentiment Score Hits Record High, MSTR's Call Skew Soars Paul Tudor Jones Bitcoin Holdings Skyrocket to $159.9M via BlackRock IBIT CAT Token Expands to Solana, Setting Up Long-Term Bullish Move Is Solana Set For A Bullish Breakout? Analysts Eye $500 Solana-Based Altcoins Developers Are Most Focused On Revealed – Here’s The Ranked List Why Is Cardano Price Poised To Hit ATH Soon? Dormant No More: 2012 Bitcoin Wallet Moves $35.7M, Linked to Last Month’s Whale Transfers Quant surges 28%: Is this the start of QNT’s bullish breakout? Tyler Winklevoss: D.O.G.E. Is Crucial for Fighting US Inflation 4th Test of Major Resistance: FLOKI’s Breakout Pump Could Be Explosive! Tyler Winklevoss: D.O.G.E. Is Crucial for Fighting US Inflation 4th Test of Major Resistance: FLOKI’s Breakout Pump Could Be Explosive! Spot Bitcoin ETFs now control over 5% of BTC’s total supply, says CryptoQuant analyst XRP loses momentum and dips 14% after record multi-year high – Is the top in? Fetch.ai Price Nears Key Buy Zone, Potential Upside To $2.00? Extended bull run anticipated; US ‘crypto’ adoption rises XRP Price Eyes $1.25 and Beyond: Can the Rally Continue? XRP in the Psychological Zone: Will Price Soar to $2 or Dip to $0.75? Shiba Inu Faces Price Correction After Golden Cross Amid Focus on Key Support Levels Here's How High XRP Price Could Rise After Crossing $1 Satoshi Action Fund Shares Strategic Bitcoin Reserve Model Ethereum Price Confronts Barriers to a New Surge—Can Bulls Prevail? Bitcoin Native Meme Coin DOG Jumps to 5 Month High Amid Dogecoin Hype, Exchange Listing Hope Huge Bitcoin Liquidations Pile Up at $91,500, Volatility Expected Around CME Gap Bitcoin still has 'a long way to go' at $90K: Cathie Wood Best Crypto for Massive Growth Potential in 2025-2026: Top Blockchain Innovations Cardano News: Hoskinson’s Vision and ADA’s Rally Hint at All-Time High Bitcoin Bulls Aren’t Backing Down: Rally Continues? Bitcoin Falls to $89K, 63% Polymarket Odds on BTC at $95K Crypto Market Reaches $3.07 Trillion, $BTC Dominates and $ETH Liquidation Surge Amid Extreme Greed Ripple News: XRP Price Hits $1 Milestone Amid Gary Gensler Resignation Speculation Senior Analyst Predicts $135,000 for Bitcoin Based on Realized Cap Solana-based DApps rake in record fees as memecoin frenzy returns Coinbase CEO mentioned ‘DOGE’ could increase economic freedom MicroStrategy Surpasses IBM and Nike with $26 Billion Bitcoin Holdings ‘Time Has Come’ – Top Trader Predicts More Rallies for Dogecoin, Updates Forecast for Bitcoin and PEPE Republican Senator proposed to buy more Bitcoin by selling The Fed’s gold Ripple CEO Faces Backlash Over Rumored Meeting with President-Elect Trump This Week in Crypto Games: Dogecoin Brawler Launches, ‘Major’ Token Date, and ‘Off the Grid’ Cash Prizes ETHGlobal hackathon's 10 finalists showcase AI agents, crypto games, DAO tools, and more XRP Skyrocketing: Will It Continue or End Here? Shiba Inu (SHIB) is Missing Out Massively, Bitcoin (BTC) Paints Problematic Divergence Base Network Reaches 1 billion Transactions But Faces NFT Copying Accusations Starknet will increase TPS 4X and reduce fees 5X within 3 months: CEO Musk’s DOGE Agency Sparks Economic Freedom Talk and Dogecoin Price Surge