Shiba Inu Developer Defends Leadership Amid Criticism
- Historical Leadership Comparison: Shiba Inu developer Kaal Dhairya addressed criticism on X by comparing crypto visionaries to historical artists, emphasizing that many creators face mockery before gaining recognition, aiming to defend project leader Shytoshi Kusama.
- Market Volatility Impact: Dhairya noted that SHIB was dismissed as a joke in 2020, yet after reaching an all-time high in 2021, Kusama received widespread praise; however, market downturns led to accusations and personal attacks, reflecting how crypto market perceptions of leaders are closely tied to price movements.
- Warning to Critics: Dhairya issued a warning to those spreading fear, uncertainty, and doubt, indicating that while the SHIB community has previously ignored attacks, they may respond more forcefully in the future, suggesting a potential shift in the team's approach to criticism.
- Upcoming Important Event: The Shiba Inu community is preparing for an important event led by Kusama, with Dhairya's statements seen as paving the way for upcoming announcements, showcasing the team's unity and determination in the face of criticism.
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Technical Analysis for KSM
Technical Sentiment Analysis for Kusama (KSM) As of , Kusama (KSM) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for KSM 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, KSM 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 $-.
Kusama (KSM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.251 | 2.49 | 3.751 | 4.99 | 6.251 | 7.49 | 8.751 |
| Fibonacci | 2.49 | 3.445 | 4.035 | 4.99 | 5.945 | 6.535 | 7.49 |
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