Shiba Inu (SHIB) has reached a significant reset point and follows a stable course after the latest price fluctuations. This stage is characterized by low volatility and market indecision. SHIB is fixed at $ 0.00001546. This means that past trends, processing momentum and market models are neutralized. This shows that SHIB is at a point where it can start from scratch to start a new price movement.
Double Foot Formation and Death cross signal
Shiba Inu created a dual -foot formation at $ 0.00001485. This is usually seen as a sign of a support zone and a sign of potential trend transformation.
On the other hand, the short -term moving average went below the long -term moving average. This formation, which is called “Death Cross ında in technical analysis, is usually interpreted as a decrease signal. However, in some cases there may be a sign of weakness before a major rise.
Whale mobility decreased! Is it a storm before silence in Shıb?
While the effect of big investors (whales) in Shıb price movements has a great impact, their low activity is remarkable. Failure to buy and sell large investors may cause liquidity to decrease and the price remains in a narrow range.
In addition, Shıb’s increasing volume of transactions at the beginning of the week and the subsequent volume decrease is remarkable. This cyclical movement can directly affect short -term price movements and may be a factor that investors should consider when determining their strategies.
Shiba Inu Future Move: Is it ascension or a pause?
The market is currently neither the buyer nor the seller. This shows that SHIB is in a consolidation process after the latest harsh price movements.
If big investors enter the market again, a sharp rise in Shıb’s price may be seen. On the other hand, if there is no positive news flow or a major development, SHIB may be stuck at these levels for a long time.
Shiba Inu: Low volatility can lead to major movements!
It should not be forgotten that long -term low volatility is usually a harbinger of large price movements in the market. If Shıb remains at this point for a long time, a bull rally or a sharp wave of fall may be experienced.
For the time being, the market is waiting for a big break, and the direction of this break will depend on how investors will react and how much new capital will enter the market.
