YourCryptoNews
  • Live Prices
  • Crypto News
    • Altcoins
    • Bitcoin
  • Defi News
  • NFT News
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
YourCryptoNews
  • Live Prices
  • Crypto News
    • Altcoins
    • Bitcoin
  • Defi News
  • NFT News
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
YourCryptoNews
No Result
View All Result

Shiba Inu Price Prediction Today, October 16, 2022: SHIB/USD Is Mildly Bearish

October 16, 2022
in Blockchain
Reading Time: 4 mins read
A A
Shiba Inu Price Prediction Today, October 16, 2022: SHIB/USD Is Mildly Bearish
ShareShareShareShareShare

You might also like

Is it Too Late To Buy Render Token As RNDR Price Blasts Past $1.50, With $2 Incoming?

Is it Too Late To Buy Render Token As RNDR Price Blasts Past $1.50, With $2 Incoming?

February 2, 2023
Celsius’ Official Creditor Committee Denies Rejected Bids

Celsius’ Official Creditor Committee Denies Rejected Bids

February 2, 2023

Join Our Telegram channel to stay up to date on breaking news coverage

Generally speaking, SHIB/USD market is on a downtrend, however, it looks like bears are experiencing some resistance. It is very likely that this is the reason why the downtrend looks mild.

SHIBs Forecast Statistics Data:
Shiba Inu’s current price: is $0.00001015
SHIB’s market cap: $5.64 billion
Shiba Inu’s circulating supply: 549.06 billion
SHIBs total supply: 589.74 trillion
Shiba Inu’s Coinmarketcap ranking: #15

Key Value Marks:
Top: $0.00001032, $0.00001060, $0.00001075
Base: $0.00001015, $0.00001005 $0.00000990

Shiba Inu Price Prediction Today, October 16, 2022: SHIB/USD Lacks Upside Momentum

Examining the SHIB/USD it could be seen that price action moves slightly downwards. Although the lower limit of the Bollinger indicator has been tested severally, it looks like there are lack of buyers in this market to push the price up, at this point. While it is normal for a bounce to occur off the floor of the Bollinger, due to a lack of buyers there isn’t enough upward push to price action. Furthermore, the Stochastic RSI has delivered a bullish crossover in the oversold, and the lines are now on their way upwards. Nevertheless judging by the level of these lines and the distance between them, we can assume that the trend is still weak buy may gain more strength. Should this form continues, price action may eventually slide to $0.00001000 shortly. However, traders catch any resulting uptrend by placing a buy order at $0.00001027.

Shiba Inu Price Prediction Today, October 16, 2022: SHIB/USD Is Mildly Bearish

Shiba Inu Price Prediction Today, October 16, 2022: SHIB/USD Market Looks Dicey

SHIB/USD 4 hour shows that short-term traders may have found themselves in a dilemma. This is portrayed as price candles on the four-hour chart are now in contact with the MA line as it cuts across them. However, the appearance of the last red candle has pushed the price back under the MA line, by a tiny distance downwards.

Buy Shiba Inu Now

Your capital is at risk

Considering the Stochastic RSI, it could be seen that the lines of this stay in the overbought zone. But, the lines of this Indicator have performed a bearish crossover in the overbought. Nevertheless, at this point this line hasn’t taken a direction yet, therefore traders will have to wait for these lines to take direction. Also, a pending buy can be placed at any desired point above the MA line as price may break the price level of $0.00001027 to the upside shortly.

Tamadoge – Play to Earn Meme Coin

Tamadoge logo
  • Earn TAMA in Battles With Doge Pets
  • Maximum Supply of 2 Bn, Token Burn
  • Now Listed on OKX, Bitmart, LBank, MEXC, Uniswap
  • Ultra Rare NFTs on OpenSea

Tamadoge logo


Join Our Telegram channel to stay up to date on breaking news coverage

Credit: Source link

Related Stories

Is it Too Late To Buy Render Token As RNDR Price Blasts Past $1.50, With $2 Incoming?
Blockchain

Is it Too Late To Buy Render Token As RNDR Price Blasts Past $1.50, With $2 Incoming?

February 2, 2023
Celsius’ Official Creditor Committee Denies Rejected Bids
Blockchain

Celsius’ Official Creditor Committee Denies Rejected Bids

February 2, 2023
Fantom (FTM) Price Prediction: Will It Hold Its Recent Gains?
Blockchain

Fantom (FTM) Price Prediction: Will It Hold Its Recent Gains?

February 2, 2023
The January figures are 92.7% lower than the $121.4 million
Blockchain

The January figures are 92.7% lower than the $121.4 million

February 2, 2023
Next Post
what do they mean and how are they different?

what do they mean and how are they different?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals

Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals

January 30, 2023
Crypto Investment Trends That Will Define 2023: Report

Crypto Investment Trends That Will Define 2023: Report

January 28, 2023

Popular Story

    • Contact Us
    • Privacy Policy
    • Terms of Use
    • DMCA

    © 2021 - YourCryptoNews.net - All rights reserved!

    No Result
    View All Result
    • Live Prices
    • Crypto News
      • Altcoins
      • Bitcoin
    • Defi News
    • NFT News
    • Blockchain
    • Regulations
    • Trading
    • Scams

    © 2021 - YourCryptoNews.net - All rights reserved!

    • bitcoinBitcoin (BTC) $ 23,892.00 3.42%
    • ethereumEthereum (ETH) $ 1,674.43 6.21%
    • tetherTether (USDT) $ 1.00 0.22%
    • bnbBNB (BNB) $ 331.11 7.43%
    • usd-coinUSD Coin (USDC) $ 1.00 0.19%
    • xrpXRP (XRP) $ 0.414291 3.23%
    • binance-usdBinance USD (BUSD) $ 1.00 0.32%
    • cardanoCardano (ADA) $ 0.403694 5.5%
    • dogecoinDogecoin (DOGE) $ 0.093799 1.4%
    • matic-networkPolygon (MATIC) $ 1.24 12.98%
    • okbOKB (OKB) $ 40.20 7.38%
    • solanaSolana (SOL) $ 24.97 5.98%
    • staked-etherLido Staked Ether (STETH) $ 1,667.38 6.29%
    • polkadotPolkadot (DOT) $ 6.54 5.61%
    • litecoinLitecoin (LTC) $ 100.79 4.39%
    • shiba-inuShiba Inu (SHIB) $ 0.000012 3.59%
    • avalanche-2Avalanche (AVAX) $ 21.95 14.45%
    • tronTRON (TRX) $ 0.063687 2.68%
    • uniswapUniswap (UNI) $ 7.03 7.64%
    • daiDai (DAI) $ 1.00 0.13%
    • cosmosCosmos Hub (ATOM) $ 14.90 9.9%
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 23,837.00 3.42%
    • the-open-networkToncoin (TON) $ 2.48 8.17%
    • chainlinkChainlink (LINK) $ 7.29 6.54%
    • moneroMonero (XMR) $ 179.17 2.88%
    • leo-tokenLEO Token (LEO) $ 3.37 6.79%
    • ethereum-classicEthereum Classic (ETC) $ 22.67 6.16%
    • aptosAptos (APT) $ 18.26 9.99%
    • bitcoin-cashBitcoin Cash (BCH) $ 138.40 4.9%
    • stellarStellar (XLM) $ 0.093410 4.32%
    • apecoinApeCoin (APE) $ 6.22 7.08%
    • quant-networkQuant (QNT) $ 149.76 8.33%
    • filecoinFilecoin (FIL) $ 5.73 11.37%
    • nearNEAR Protocol (NEAR) $ 2.47 10.4%
    • crypto-com-chainCronos (CRO) $ 0.081270 3.34%
    • lido-daoLido DAO (LDO) $ 2.33 7.17%
    • algorandAlgorand (ALGO) $ 0.256568 8.26%
    • vechainVeChain (VET) $ 0.024959 10.03%
    • hedera-hashgraphHedera (HBAR) $ 0.069099 8.69%
    • internet-computerInternet Computer (ICP) $ 6.02 2.69%
    • fantomFantom (FTM) $ 0.575396 9.81%
    • decentralandDecentraland (MANA) $ 0.794149 8.47%
    • axie-infinityAxie Infinity (AXS) $ 11.65 9.48%
    • aaveAave (AAVE) $ 91.87 13.13%
    • the-sandboxThe Sandbox (SAND) $ 0.764028 7.76%
    • flowFlow (FLOW) $ 1.15 10.01%
    • eosEOS (EOS) $ 1.09 3.48%
    • elrond-erd-2MultiversX (EGLD) $ 44.40 5.48%
    • theta-tokenTheta Network (THETA) $ 1.09 8.2%
    • terra-lunaTerra Luna Classic (LUNC) $ 0.000174 2.52%