Mutuum Finance Raises Over $19.5M, Attracts Investor Interest
- Market Challenges: Shiba Inu (SHIB) is currently facing poor market performance, with prices declining to $0.0000066 and decreasing public engagement indicating waning interest, which may lead to further market downturns.
- New Investment Option: Mutuum Finance (MUTM) has raised over $19.5 million in its presale, attracting more than 18,580 investors, demonstrating strong appeal in the crypto market, especially amid current volatility.
- Presale Phase: Currently in Phase 6, MUTM is priced at $0.035 per unit, reflecting a 250% increase from its initial price, with this phase 99% sold out, indicating investor confidence in its future potential as it approaches Phase 7 at $0.040.
- Innovative Features: Mutuum Finance incorporates two lending methods and a stablecoin designed to maintain a price of $1, while also rewarding active traders through a daily leaderboard, enhancing its investment appeal and strategic positioning in the crypto market.
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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 5 technical signals, shows that 1 indicators are flashing buy, while 4 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 | 0.00000296 | 0.00000402 | 0.00000527 | 0.00000633 | 0.00000758 | 0.00000864 | 0.00000989 |
| Fibonacci | 0.00000402 | 0.0000049 | 0.00000544 | 0.00000633 | 0.00000721 | 0.00000775 | 0.00000864 |
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