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Shiba Inu koers verwachting: kan SHIB 1 euro worden in nieuwe rally nav stijgende whale activiteit?

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The price of the Shiba Inu is going through a crucial moment after the price recently dropped to $0.000021. Technical indicators such as Bollinger Bands and the 200 Exponential Moving Average (EMA) point to a potential recovery, while on-chain data shows an increase in whale activity. With trading volume up 80%, interest in SHIB is growing. But could the memecoin finally reach the magical €1 threshold at a new high?

The Shiba Inu is currently experiencing a price decline and is trading at $0.000021. According to the Bollinger Bands indicator, SHIB is approaching oversold – an important time for traders to pay attention to.

Bollinger Bands consist of three lines: the upper, middle and lower lines. The middle band is based on the asset’s 20-day moving average, while the upper and lower bands are two standard deviations away from this average. SHIB is now approaching the lower range, which is 3.58% below the current price.

Shiba Inu course. Source: Trading View

When an asset approaches the lower range, it may mean that the market is in an “oversold” zone. For SHIB, this may indicate that the price has fallen too much, too quickly. This may be a reason for caution, as it shows that the market is in a negative mood.

However, an “oversold” condition can also mean a turning point. If buyers return, the market could see a rebound. If SHIB finds support at this level and more demand arises, the next major resistance point is $0.0000223, where the 20-day average price lies. If SHIB can also break this middle range, the next target will be at the upper range at $0.0000246.

Although the situation currently looks a bit bearish, the oversold zone may provide opportunities for recovery. In addition, whales appear to be taking action:

On January 3, 2024, SHIB broke out of a bullish double bottom price pattern and subsequently entered a consolidation phase. The merger lasted for about three days, with the would-be whale transferring up to 8.18 trillion SHIB tokens, worth $195.1 million, from Crypto.com exchanges to the wallet.

This conversion occurred while the broader market was in an uptrend and remained relatively stable.


The whale moves 8.18 billion SHIB. Source: X

Later, after the US market opened, the Institute for Supply Management (ISM) issued a report that put the market in a downtrend. During this crash, SHIB exited a three-day consolidation phase and its value fell by more than 14.5%. During this price correction, retailers appear to get rid of their holdings, while long-term owners accumulate them.

Data from on-chain analytics firm IntoTheBlock shows that the volume of large transactions increased by up to 2,004% in the past 24 hours, indicating strong participation from whales, investors, and long-term shareholders.

Large transaction volume. Source: IntoTheBlock

During the same period, another analytics firm, Coinglass, revealed an outflow of $7.04 million in SHIB tokens from exchanges. This data indicates the potential for the meme to accumulate as its price has fallen by more than 10%, attracting investors and long-term coin holders.

According to technical analysis, the recent price decline led Shiba Inu (SHIB) to reach a crucial horizontal support level along with the 200 Exponential Moving Average (EMA) on the daily time frame. This situation makes SHIB stock optimistic about the possibility of an upward move.

Shiba Inu course. Source: Trading View

Based on the recent price action, there is a strong chance that SHIB will rise by 80% to the $0.00003939 level, provided it remains above the 200 EMA. However, this step requires time and patience. Trading volume also increased by 80%, indicating increased participation by traders and investors compared to the previous day.

A notable feature of meme currencies is that when one currency rises sharply, other currencies often follow. This makes it even more interesting when a leading meme coin like Shiba Inu shows a strong rally. So it might be smart to Opkomende meme coins To find out who could benefit from this.

Wall Street Call (WEPE) It is gradually emerging as the meme currency of 2025. This is supported by the impressive amount of over $45 million raised by this cryptocurrency during the pre-sale.

So a large community has already emerged around the coin. This can be partly attributed to the transparency of WEPE developers regarding their goal: to help you and other WEPE holders maximize their revenue.

Wall Street Baby ($WEPE) Price Forecast 2025-2030: Will It Explode in 2025 and Beyond?

While this may seem like an attractive promise, WEPE has come up with a clever strategy to make it happen. By purchasing WEPE, you are joining the WEPE army. Within this community, developers exclusively share the latest updates about the project with you. The result? You will have the opportunity to trade faster and more effectively than traders who do not have access to this information.

To the official website of Wall Street Baby

Do you sometimes feel that cryptocurrency developers have too much power and that it would be better if you and the broader community decided the direction of the project? If so, then it is FLOCK An initiative that deserves your attention.

Flockerz works in the following way: by including FLOCK in your wallet, you get voting rights within the project. This not only ensures that you have a certain degree of influence over the direction of the project, but also allows you to earn additional FLOCK by effectively exercising your voting rights. This initiative thus represents a relatively distinct model of for-profit voting.

com.flockerz

Currently, the project is in the first phase, indicating that a pre-sale is underway. During this period, coins are available at their lowest price; However, only 20% of the total inventory is currently on display. So, if you want to join this special community, which has already raised more than $9.4 million, this is your chance.

To the official website of Flockerz

According to CoinMarketCap, the market cap of memecoins exceeds $117 billion. It is not surprising that this sector of the cryptocurrency market has seen significant growth in recent years. But how can one participate in this trend without risking their entire portfolio for the success of one coin? The answer lies in the new project MEMEX Index.

The Meme Index is an initiative through which investors invest in a “meme coin index” that rises with all meme coins. So, if the meme coin market continues its upward trajectory, as it has been the case for several years, you will enjoy the rewards associated with it. Conversely, if an individual coin performs poorly, your portfolio will still be supported by the performance of other coins.

An added advantage is that this method makes it possible to own multiple coins directly, allowing them to organize themselves in one place. The pace of developments is currently high, with the counter already reaching $2.1 million, prompting urgent action.

To the official website of the Meme Index

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