SHIBUSD: Potential Upward Move in the Works?This update focuses on the potential price movement of Shiba (SHIBUSDT) in the next 24 hours. After a period of consolidation, the SHIB/USDT chart suggests a possible movement to the upside.
Why This Might Happen?!
- Bitcoin Momentum: The recent rises in Bitcoin's price often influences the broader market, including meme like Shiba.
- Increased Trading Activity: Growing transaction volume and market capitalization across the cryptocurrency space could fuel a more intense and rapid upward movement for SHIB.
Important Note: This is just an analysis, and future price movements are never guaranteed. It's crucial to do your own research before making any trading decisions.
Good luck!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.