Shiba Inu Coin :
Shiba Inu being removed There are also three reasons why Shiba Inu could see some massive price movements shortly. Actually, you know what the four reasons are. I’m going to give you an extra reason.
Everybody’s favourite part the Shiva Shake ha so the price of Shiba Inu saw a drop today with the rest of the cryptocurrency market. It’s not something that I’m freaking out about you can see if we look at the four hour it just went from the top to the bottom of the stochastic full and if we look at the daily we’re still you know in an area where it popped up.
Got rejected at 900 and pulled back interestingly. Today we did not see the massive pop-up at 1pm my time like we had seen the previous two days.
This day today we actually saw a drop off early in the morning and a drop off once the stock market opened up it was very interesting, you know movement here, but right I like big butts and I cannot lie, if we get in the next few days an update on the debt ceiling the everything’s gonna flip pity floppily.
So don’t freak out of four percent down don’t get excited about four percent up it’s going to continue to be very volatile until we get a resolution about this now three reasons why Shiba inu’s price May witnesses a massive growth spurt in 2023.
So first of all you know she been was a long-term investment for many people and the more and more we get closer to shibarium dropping the more we’re going to see new investors coming in investors that quote unquote well the quote that’s not the right place to put the quotes that invest in you know traditional or established.
Cryptocurrencies and not in meme coins which Shiba Inu is still regarded as once we have shibarium she bane was gonna pop up a notch and then you’re going to have different kinds of investors and that’s okay from going to from a dream.
Coin from a meme coin to a respectable token and so that’s what we’re going to see price accumulation at a key support. We’re seeing here there’s a support line here for Shiba Inu, as you can see accumulation phase now at this area and potentially if it can break out to this level.
We could see a movement to the upsize. This is just technical analysis, here done you know for us so we’re going to use it here technical difficulty, time I can’t get out of this. Here we go and the third thing here is that, the RSI turns bullish on the weekly chart, so that is usually an indication that the price is going to go up.
You can see last time the price moves significantly here and this was in the middle of 2022. We saw a big move up from 800 upwards um this is actually 2021, when that happened that was the last time that we kind of saw the RSI. The bullish Divergence here so that could be very very interesting as well and the fourth reason, which is the bonus region reason.
Here is the fact that the debt ceiling could get resolved very very soon. We’re going to relieve a lot of pressure from the crypto Market of. You know the uncertainty, but we still have some concerns regarding the US economy recession and things, like that but I think, that the more and more we get closer to bitcoin having the events.
The more and more we’re going to see cryptocurrency go to the upside. It might not happen to today, it might not happen tomorrow, and it might not happen next week, but it will happen right If you’re a long-term investor in Shiba Inu, you’re great.
You’re going to see it move to the upside, hopefully. I don’t know. I’m not a prophet. I don’t know 100 things that are going to happen, but I’m right eighty percent of the time. So let’s hope this time I’m right again.
Today aftermarket it exploded at 25 aftermarkets, so you never know, right? People kept saying that AI is just hype, and they are seeing great profits.
People are hyped about AI, and so you never know, right? Many people were convinced that it needed to be shorted because the price was too high, and some people were short and some people were long. That’s the whole thing when you’re investing in markets.
In the crypto market and stock market, somebody’s going to win and somebody’s going to lose. Right when you sell your assets, somebody buys them. Maybe they’re going to make a profit too, but more often than not, they lose when you lose. Someone’s buying them at a lower level right when you’re selling them, so this is just how the market works.
Finance came out and said they’re preparing to remove this Shiba Intruding pair, so Shiba Inu has many trading pairs on Binance, and some of them are less active than others, and Shiba Inu is going to be removing, or sorry, Binance is going to be removing, the Shiba Intruding AUD, which I’m thinking here is the Australian dollar trading pair.
So this will take effect on May 26th at 5 a.m. UT We know that we have some Australian viewers here, so if you were trading that token, you could see that there are a lot of other trading pairs here that are going to be removed for Australian dollars.
It seems that people just don’t trade those pairs. It’s probably because people will usually trade UT Cusdt against Bitcoin against Ethereum, so those are going to be removed. If you are trading them, you need to know that they’re going to be removed.
Finance earlier this year listed also the shiba inu pounds trading pair, the Great Britain pounds, and others that were also removed that weren’t that active, but you can see that it is important to note that users can still trade Shiba Inu with other available pairs on the platform despite the latest listing of the shiba inu USDT pair, which recorded a value of around 30 million accounts for 15 of the meme coin’s total trading volume.
You can also do it here. ship USD ship Try and ship Doge trading pairs. they’re removing one, but don’t freak out about it. You can do the other trading pairs. I know a lot of you don’t day trade anyway.
You’re long-term investors, so you’ve probably either converted USDT into Shiba Inu or Bitcoin or Ethereum into Shiba Inu, and so you’re not doing a lot of trading.
