Important Shiba Inu Event Sparks Excitement Among Community Members – What’s It About?
- Shiba Inu Community Event: The Shiba Inu team announced an event where the individual behind the Shib Token X account will share insights about Shiba Inu's development and its creator, Ryoshi.
- K9 Finance DAO Involvement: K9 Finance DAO will host the voice chat event, inviting prominent SHIB members to join the conversation with the speaker behind the Shib token account.
- Historic Moment for Shiba Inu: This event marks a historic moment in the Shiba Inu ecosystem as it allows direct interaction between the community and the team behind the meme coin.
- Shibarium Progress: The speaker discussed the progress of Shibarium, highlighting significant milestones achieved in terms of community engagement and development.
- Elon Musk's Influence: The Shib token speaker mentioned that Shiba Inu gained recognition after Elon Musk's tweet about Dogecoin, referring to it as the "Dogecoin Killer."
Get Real-Time Alerts for Any Crypto Movement
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 |
About SHIB
About the author







