1 Billion Solfart Tokens Disappear, SOL and ETH Investors Feeling the Pinch
Solfart Token Presale Success: The Solfart.io token presale has surpassed 1 billion tokens sold, boosted by a recent AMA with BeInCrypto that significantly increased sales activity.
Investor Participation: The average investment in the presale is around $75, with larger investors making significant purchases between $1000 and $3000, indicating strong interest from both small and large holders.
Emerging Trends: Many presale participants hold Ethereum (ETH), Solana (SOL), and Shiba Inu (SHIB) tokens, suggesting that Shiba Inu investors may be shifting their focus to Solfart as its value declines.
Market Predictions: The Solfart co-founders believe their token could reach a market capitalization of $500 million within its first month, drawing parallels to the historical performance of other memecoins like Bonk Inu (BONK).
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Technical Analysis for SHIB
Technical Sentiment Analysis for Shiba Inu (SHIB) As of , Shiba Inu (SHIB) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHIB stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SHIB is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Shiba Inu (SHIB) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000308 | 0.00000407 | 0.00000525 | 0.00000624 | 0.00000742 | 0.00000841 | 0.00000959 |
| Fibonacci | 0.00000407 | 0.0000049 | 0.00000541 | 0.00000624 | 0.00000707 | 0.00000758 | 0.00000841 |
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