Investors’ eyes on PEPE and UNi as price dip
Market Decline and Whale Activity:
- Top cryptocurrencies like Bitcoin, Ethereum, Solana facing a 5-6% price drop.
- Whales are accumulating tokens like Uniswap (UNI), Pepe (PEPE) during the market fall.
- Significant withdrawals of UNI, PEPE, and BLZ tokens by whale addresses indicate confidence in these assets.
- Recent purchases by PEPE and Shiba Inu (SHIB) whales during the market correction.
- No negative news or regulatory updates causing the market decline; potential signal for a bull run.
PEPE and UNI Price Analysis:
- PEPE trading near $0.0000125 with stable performance in the last 24 hours.
- PEPE saw a 20% price correction in the last 7 days but surged by 45% in the last 30 days.
- UNI token trading around $9.7, experiencing a 3% price drop in the last 24 hours.
- UNI price remained stable for the last 76 days, with a 30% surge in the last 30 days due to the approval of a spot Ethereum ETF in the US.
- Despite significant PEPE purchases, the 24-hour trading volume is down by 32%, indicating reduced user participation.
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 | 0.00000306 | 0.00000406 | 0.00000523 | 0.00000623 | 0.0000074 | 0.0000084 | 0.00000957 |
| Fibonacci | 0.00000406 | 0.00000489 | 0.00000541 | 0.00000623 | 0.00000706 | 0.00000758 | 0.0000084 |
About SHIB
About the author
