Shiba Inu Epic Comeback: Indicators Point to Possible SHIB Price Pivot
- Shiba Inu Potential Rebound: On-chain data suggests Shiba Inu (SHIB) may experience a price rebound due to undervaluation.
- MVRV Z-Score Analysis: Santiment highlights SHIB as undervalued based on the MVRV Z-Score, indicating traders are holding at a loss.
- Market Value Comparison: The MVRV indicator compares market value and realized value of crypto assets to determine overvaluation or undervaluation.
- Historical Trends: Past undervaluation periods for SHIB have led to significant price rallies as prices adjust to true value.
- Future Outlook: Positive market sentiment, news, or developments could trigger a potential price rebound for Shiba Inu in the coming weeks.
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Technical Analysis for EPIC
Technical Sentiment Analysis for Epic Chain (EPIC) As of , Epic Chain (EPIC) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 6 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for EPIC 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, EPIC 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 $-.
Epic Chain (EPIC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0761 | 0.18 | 0.268 | 0.372 | 0.46 | 0.564 | 0.652 |
| Fibonacci | 0.18 | 0.253 | 0.299 | 0.372 | 0.445 | 0.491 | 0.564 |
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