Tuesday, July 29, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Shiba Inu Bulls Roar To Life After Breakout—Next Price Targets

21 May 2025
in Bitcoin
Reading Time: 4 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


Purpose to belief

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Created by business specialists and meticulously reviewed

The best requirements in reporting and publishing

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

Shiba Inu (SHIB) printed a textbook-grade inverted head-and-shoulders on the every day chart this spring, and Tuesday’s session reveals the sample has now gone by way of the complete breakout-and-retest sequence flagged by impartial analyst Cantonese Cat (@cantonmeow).

Shiba Inu Completes iH&S Sample

The construction took form over three distinct troughs: a left shoulder that bottomed simply above $0.00001082 in mid-March, a head that depraved to about $0.00001030 in early-April, and a proper shoulder that discovered help close to $0.00001230 within the opening days of Could. That sequence carved out an arc lasting greater than two months, culminating in a decisive surge from Could 8 that vaulted worth by way of the neckline with an extended, full-bodied inexperienced candle.

Shiba Inu price
Shiba Inu worth evaluation | Supply: X @cantonmeow

Momentum on that breakout carried SHIB as excessive because the $0.00001765 area—its loftiest print since early-February—earlier than profit-taking invited a traditional “throwback.” Over the previous periods the token has slid again into the neckline zone, the place bid curiosity has to this point absorbed provide, validating the extent as a contemporary help zone between $0.00001400 and $0.00001470. The profitable retest is the ultimate criterion many technicians require earlier than calling the sample full.

Associated Studying

Measured from the top’s excessive to the midpoint of the neckline, the vertical depth of the formation is roughly $0.0000037. Making use of that distance to the breakout space confirms the native prime at $0.00001765.

Cantonese Cat summarised the setup succinctly: “SHIB every day – inverted H&S brokeback sample accomplished. Favors bullish continuation.” With the neckline now performing as a springboard, worth motion over the following few periods will decide whether or not bulls can translate the technical victory into contemporary upside follow-through or whether or not bears handle to tug the token again into the previous buying and selling vary.

Associated Studying

SHIB Value Targets

Upside targets might be discovered with the assistance of Fibonacci retracement ranges. Anchoring the grid to final summer season’s $0.00004569 excessive and the March swing low at $0.00001030 produces a 23.6 % retracement at $0.00001865 which varieties the second technical waypoint, solely after the 200-day EMA at $0.00001603.

Shiba Inu price
Shiba Inu worth, 1-day chart | Supply: SHIBUSDT on TradingView.com

Ought to patrons reclaim each traces on a closing foundation, the roadmap factors towards $0.00002382 (38.2 %) and the midpoint stage at $0.00002799, an space that additionally coincides with the decrease margin of final December’s congestion zone. Past it, the golden-ratio mark at $0.00003217 and the 78.6 % retracement at $0.00003811 body the penultimate obstacles earlier than any renewed problem of the macro peak.

Conversely, failure to defend the neckline shelf close to $0.00001430 would invalidate the bullish script and shift short-term threat again to the 50-day EMA round $0.00001399 and in the end to the cycle ground at $0.00001030. Till that draw back failsafe is breached, the Fibonacci grid argues that momentum stays skewed in favor of patrons urgent for a return into the high-teens and, probably, the low-twenties within the weeks to comply with.

Featured picture created with DALL.E, chart from TradingView.com



Source link

Tags: BreakoutNextbullsInuLifePriceROARShibaTargets
Previous Post

Analysts see bullish momentum for Moo Deng memecoin even after 11% drop – CoinJournal

Next Post

KAITO price prediction after Kaito Pro Mobile Beta update – CoinJournal

Related Posts

XRP to Replace the US Dollar? Wild Prediction Could Hype Bitcoin Hyper
Bitcoin

XRP to Replace the US Dollar? Wild Prediction Could Hype Bitcoin Hyper

29 July 2025
South Korea’s Political Heavyweights Square Off Over Stablecoin Bills
Bitcoin

South Korea’s Political Heavyweights Square Off Over Stablecoin Bills

29 July 2025
Analyst Forecasts Major Surge For Ethereum Price, Eyeing $4,000 In Its Best July Yet
Bitcoin

Analyst Forecasts Major Surge For Ethereum Price, Eyeing $4,000 In Its Best July Yet

29 July 2025
Bitcoin NFT Sales Surge In July, Up 22% From June 2025
Bitcoin

Bitcoin NFT Sales Surge In July, Up 22% From June 2025

29 July 2025
Grove Finance Launches on Avalanche With $250 Million Target Investment – News Bytes Bitcoin News
Bitcoin

Grove Finance Launches on Avalanche With $250 Million Target Investment – News Bytes Bitcoin News

29 July 2025
End of Bitcoin’s 4-Year Cycle? Bitwise CIO Sees Safer Market Ahead Amid Rising Inflows and Altcoin Momentum | Bitcoinist.com
Bitcoin

End of Bitcoin’s 4-Year Cycle? Bitwise CIO Sees Safer Market Ahead Amid Rising Inflows and Altcoin Momentum | Bitcoinist.com

29 July 2025
Next Post
KAITO price prediction after Kaito Pro Mobile Beta update – CoinJournal

KAITO price prediction after Kaito Pro Mobile Beta update - CoinJournal

Billionaire Justin Sun To Attend Crypto Dinner With President, Says He Is ‘Top Holder’ of Trump’s Memecoin – The Daily Hodl

Billionaire Justin Sun To Attend Crypto Dinner With President, Says He Is ‘Top Holder’ of Trump’s Memecoin - The Daily Hodl

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

2 July 2025
Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

2 July 2025
Ethereum Institutional Interest Grows After BTCS Inc.’s Massive Purchase Of 14,240 ETH | Bitcoinist.com

Ethereum Institutional Interest Grows After BTCS Inc.’s Massive Purchase Of 14,240 ETH | Bitcoinist.com

29 July 2025
What You Should Know Before Investing in Tokenized Assets | eToro

What You Should Know Before Investing in Tokenized Assets | eToro

29 July 2025
XRP to Replace the US Dollar? Wild Prediction Could Hype Bitcoin Hyper

XRP to Replace the US Dollar? Wild Prediction Could Hype Bitcoin Hyper

29 July 2025
Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000 – CoinJournal

Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000 – CoinJournal

29 July 2025
Ethereum Treasury Companies Could Buy 10% of All ETH: Standard Chartered – Decrypt

Ethereum Treasury Companies Could Buy 10% of All ETH: Standard Chartered – Decrypt

29 July 2025
Mento Selects Wormhole as its Official Interoperability Provider to Power Multichain FX – Press release Bitcoin News

Mento Selects Wormhole as its Official Interoperability Provider to Power Multichain FX – Press release Bitcoin News

29 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$117,222.00-0.50%
  • ethereumEthereum(ETH)$3,748.83-0.94%
  • rippleXRP(XRP)$3.10-1.16%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$801.06-3.25%
  • solanaSolana(SOL)$180.49-2.24%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,746.23-0.80%
  • dogecoinDogecoin(DOGE)$0.219846-3.83%
  • tronTRON(TRX)$0.3341453.67%