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SHIBA INU Price Increased by 28.61%, Will it Keep Increasing?

SHIBA INU Coin (SHIB) has had a 28.61% increase in 3 days.The current SHIB price is near 200 EMA.According to CoinMarketCap, the price of SHIB now sits at around $0.0000102.SHIBA...
SHIBA INU Price Increased by 28.61%, Will it Keep Increasing? SHIBA INU Price Increased by 28.61%, Will it Keep Increasing?

    • SHIBA INU Coin (SHIB) has had a 28.61% increase in 3 days.
    • The current SHIB price is near 200 EMA.
    • According to CoinMarketCap, the price of SHIB now sits at around $0.0000102.

SHIBA INU (SHIB) had been following the crypto winter trend for 11 weeks, but after the news of an Ethereum Whale (BlueWhale0073) accumulating 163,200,000,000 SHIB came out, the meme coin is showing signs of revival. This particular transaction would have a value of $1,575,710.

This news has caused the coin to draw attention and could be the reason for SHIB cracking the top 10 trending list of CoinMarketCap within 13 hours.

According to CoinMarketCap, the price of SHIB now sits at $0.0000102. This is a 24-hour increase of 1.5% and a weekly price increase of 25.73% — taking the coin’s market cap up to $5.6 billion.

Source: TradingView

Based on the weekly and 4 hours chart for SHIB/USDT chart, this week’s candle touches near the support level of 0.00001010 and it is going for a reversal after having buyers put an order block at 0.00000812. During this 11-hour period, the price of SHIB increased from the lower sideway range and shot up to 0.00001201 within one day.

As seen in the weekly chart above, the buying pressure around the support line hasn’t broken the selling momentum yet. But after breaking out the 200 EMA line in the 4-Hour Candle, the price turns to take a retrace under the 200 EMA line. As it approaches and goes sideways near the 200 EMA line, we may see a drop in SHIB price in the next 48 hours.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

Continue reading on CoinQuora

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28-06-2022 16:32:22 (UTC+7)

EUR/USD

1.0585

+0.0002 (+0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

EUR/USD

1.0585

+0.0002 (+0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

GBP/USD

1.2269

+0.0005 (+0.04%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (5)

USD/JPY

135.88

+0.44 (+0.33%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

AUD/USD

0.6952

+0.0029 (+0.43%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (3)

Sell (7)

USD/CAD

1.2827

-0.0051 (-0.40%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (3)

Sell (4)

EUR/JPY

143.84

+0.51 (+0.36%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

EUR/CHF

1.0108

-0.0007 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (4)

Gold Futures

1,826.90

+2.10 (+0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Silver Futures

21.335

+0.148 (+0.70%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (6)

Sell (2)

Copper Futures

3.8285

+0.0625 (+1.66%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (3)

Sell (3)

Crude Oil WTI Futures

110.92

+1.35 (+1.23%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (4)

Sell (1)

Brent Oil Futures

112.50

+1.52 (+1.37%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (8)

Natural Gas Futures

6.532

-0.014 (-0.21%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (6)

US Coffee C Futures

223.78

+1.68 (+0.76%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

Euro Stoxx 50

3,578.35

+39.47 (+1.12%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (2)

S&P 500

3,900.11

-11.63 (-0.30%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (2)

DAX

13,313.39

+127.32 (+0.97%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (1)

FTSE 100

7,344.50

+86.18 (+1.19%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (7)

Hang Seng

22,418.97

+189.45 (+0.85%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

1,772.68

+6.95 (+0.39%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (3)

IBEX 35

8,359.02

+116.42 (+1.41%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (1)

Sell (3)

BASF SE NA O.N.

43.547

+0.737 (+1.72%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (1)

Bayer AG NA

60.12

+0.72 (+1.21%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Allianz SE VNA O.N.

184.33

+3.29 (+1.82%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Adidas AG

172.59

+0.71 (+0.41%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (3)

Sell (4)

Deutsche Lufthansa AG

6.136

+0.154 (+2.57%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (8)

Siemens AG Class N

105.32

+1.18 (+1.13%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (10)

Deutsche Bank AG

9.023

+0.133 (+1.50%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (0)

Sell (8)

 EUR/USD1.0585↑ Sell
 GBP/USD1.2269↑ Sell
 USD/JPY135.88↑ Buy
 AUD/USD0.6952↑ Sell
 USD/CAD1.2827Neutral
 EUR/JPY143.84↑ Buy
 EUR/CHF1.0108↑ Sell
 Gold1,826.90↑ Sell
 Silver21.335↑ Buy
 Copper3.8285Neutral
 Crude Oil WTI110.92Neutral
 Brent Oil112.50↑ Sell
 Natural Gas6.532Sell
 US Coffee C223.78Sell
 Euro Stoxx 503,578.35Neutral
 S&P 5003,900.11↑ Buy
 DAX13,313.39Buy
 FTSE 1007,344.50↑ Sell
 Hang Seng22,418.97↑ Buy
 Small Cap 20001,772.68↑ Buy
 IBEX 358,359.02Neutral
 BASF43.547↑ Buy
 Bayer60.12↑ Buy
 Allianz184.33↑ Buy
 Adidas172.59Neutral
 Lufthansa6.136↑ Sell
 Siemens AG105.32↑ Sell
 Deutsche Bank AG9.023Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,780/ 6,850
(5/ 5) # 1,704
SJC HCM6,805/ 6,875
(15/ 15) # 1,729
SJC Hanoi6,805/ 6,877
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SJC Danang6,805/ 6,877
(15/ 15) # 1,731
SJC Nhatrang6,805/ 6,877
(15/ 15) # 1,731
SJC Cantho6,805/ 6,877
(15/ 15) # 1,731
Cập nhật 28-06-2022 16:32:24
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RON 95-V33.47034.130
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E5 RON 92-II31.30031.920
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Ngoại tệMua vàoBán ra
USD23.080,0023.390,00
EUR23.955,2725.297,05
GBP27.794,9128.980,57
JPY166,79176,58
KRW15,6419,06
Cập nhật lúc 16:24:20 28/06/2022
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