Shiba Inu has advanced recently while the global cryptocurrency market has seen significant increases in volatility. As of now, the whales appear to be keenly interested in Shiba Inu. In the past, the behavior of the whale was utilized to forecast price movements. The whales are known to deal in massive quantities of tokens, giving them the tendency to control the price’s movement.
Data on Etherscan indicates that there have been some transactions between two significant cryptocurrency exchanges and a few well-known whales. Recently, a whale purchased about 16 billion SHIB; this effectively shows that whales are seriously interested in Shiba Inu and have started to make rational decisions. Shortly, SHIB is anticipated to see a spectacular gain.
Key Shiba Inu Levels To Watch – April 27
The movement of the price of Shiba Inu remains restricted between the $0.000015900 resistance and the $0.000007790 support. The diagonal support that emerged on December 28, 2022, has been invalidated as the price crashed massively to the downside.
Until the crash, the market’s environment was bullish; this was also indicated by the MA Cross. The crash occurred after three bounces off the diagonal support. Since the diagonal support is broken, the price might continue into the $0.000009270 demand level. After which, a continuation of the upward trend will likely ensue.
Shiba Inu Key Levels
Resistance Levels: $0.000011840, $0.000014000, $0.000015900
Support Levels: $0.000009640, $0.000009270, $0.000007790
Total Market Capitalization: $1.22T
Shiba Inu Market Capitalization: $6.10B
Shiba Inu Volume: $0.19B
Market Rank: #14
You can purchase Lucky Block here. Buy LBLOCK
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
