Hello Crypto community Welcome to my new analysis
๐นMarket Cap: $19,620,378,846
Volume24h:$1,656,068,208
Volume / Market Cap:0.08402
Total Supply : 589,735,739,047,293
Circulating Supply: 549,063.30B SHIB โ๏ธ๐ good
๐ฐHolders Statistics:
Top 10 Holders:64.41%
Top 20 Holders:71.59%
Top 50 Holders:78.31%
Top 100 Holders: 80.45% โ๐ซrisky
๐๐ technical analysis :
As you can see on the daily timeframe for the pair of shib/ usdt ,Shiba has been able to increase more than 10 times since October after months of stagnation and consolidation phase, which is a record compared to other crypto coins in the recent months,which was one of the most profitable, and after its Sharp rising , entered the correction phase and corrected to the 61.8 Fibonacci level.
However, after reaching the green support range , with the increase in demand by bulls in the last 2 daily candles, we are witnessing some movements that have been able to increase its price by about 30%. As shown in the chart, it has two resistance ranges in its rising path that it can react to the both. If shiba be able to have a daily close on the descending trendline and overcome these two resistance levels by volume confirmation , it will not have any resistance on the way and can easily grow
to its ATH again or probably will hit new targets .
๐current daily resistance level: $(0.00004)-$(0.000048)
โ๏ธcurrent daily & weeky support level: ($0.000025-28)
data sources: coinmarketcap
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me ,give a big thumbs ๐ and drop comment ๐ฏ๐ญ
๐with Best Regards
๐นMarket Cap: $19,620,378,846
Volume24h:$1,656,068,208
Volume / Market Cap:0.08402
Total Supply : 589,735,739,047,293
Circulating Supply: 549,063.30B SHIB โ๏ธ๐ good
๐ฐHolders Statistics:
Top 10 Holders:64.41%
Top 20 Holders:71.59%
Top 50 Holders:78.31%
Top 100 Holders: 80.45% โ๐ซrisky
๐๐ technical analysis :
As you can see on the daily timeframe for the pair of shib/ usdt ,Shiba has been able to increase more than 10 times since October after months of stagnation and consolidation phase, which is a record compared to other crypto coins in the recent months,which was one of the most profitable, and after its Sharp rising , entered the correction phase and corrected to the 61.8 Fibonacci level.
However, after reaching the green support range , with the increase in demand by bulls in the last 2 daily candles, we are witnessing some movements that have been able to increase its price by about 30%. As shown in the chart, it has two resistance ranges in its rising path that it can react to the both. If shiba be able to have a daily close on the descending trendline and overcome these two resistance levels by volume confirmation , it will not have any resistance on the way and can easily grow
to its ATH again or probably will hit new targets .
๐current daily resistance level: $(0.00004)-$(0.000048)
โ๏ธcurrent daily & weeky support level: ($0.000025-28)
data sources: coinmarketcap
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me ,give a big thumbs ๐ and drop comment ๐ฏ๐ญ
๐with Best Regards
