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SHIBUSD Shows Market Struggle Between Bulls and Bears

SHIBUSD
July 07, 2023

Shiba Inu (SHIBUSD) Makes Modest Gains Despite Lingering Bearish Sentiment

SHIBUSD Analysis: Price Reluctantly Heads Upward As The Bears’ Presence Remains SHIBUSD reluctantly heads upward as the bears’ presence remains. The bears’ presence in the market has caused a continuous decline in price since February 2023. Since the inception of the downtrend, th...
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June 30, 2023

Shiba Inu (SHIBUSD) Buyers Eye Long Opportunities in Correction Phase

SHIBUSD Analysis: Buyers Seek Long Opportunities in the Ongoing Correction Phase SHIBUSD buyers seek opportunities in the ongoing correction phase. The price is currently undergoing a correction after a long period of downturn. The ongoing correction phase is the second major retracement since the ...
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June 24, 2023

Shiba Inu (SHIBUSD) Jerks Upward As Price Reacts Vehemently To $0.00000600 Support

SHIBUSD Analysis: Market Jerks Upward As Price Reacts Vehemently To $0.00000600 Support SHIBUSD jerks upward as the price reacts vehemently to the $0.00000600 support. Despite the market downtrend, the bulls stormed the market at major support. The major support at $0.00000600, formed the swing low...
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June 16, 2023

Shiba Inu (SHIBUSD) Retracts at $0.00000600; Undervalued Market Persists

SHIBUSD Analysis: Price Retracts At $0.00000600 As The Market Becomes Undervalued SHIBUSD retracts at $0.00000600 as the market becomes undervalued. The market’s bearish trend has begun since the RSI (Relative Strength Index) signaled that SHIBUSD was overpriced. The price cleared weak lows u...
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June 10, 2023

Shiba Inu (SHIBUSD) Consolidates at $0.00000780 Demand Zone

SHIBUSD Analysis: The Market Begins Consolidation As the Price Hits the Demand Zone of $0.00000780 SHIBUSD begins consolidation as the price hits the demand zone of $0.00000780. The market has converged into a consolidation phase due to the price reaching the demand zone of $0.00000780. At the same...
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June 05, 2023

Shiba Inu (SHIBUSD) Converges In A Triangle Pattern As Selling Pressure Decreases

SHIBUSD Analysis: Price Converges In A Triangle Pattern As Selling Pressure Decreases SHIBUSD converges in a triangle pattern as the selling pressure decreases. The triangle pattern created was a result of the price’s response to the bullish order block around $0.00000780. While a bullish tre...
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May 19, 2023

Shiba Inu (SHIBUSD) Consolidates As It Becomes Extremely Oversold

SHIBUSD Analysis: Price Consolidates As It Becomes Extremely Oversold SHIBUSD consolidates as it becomes oversold according to the RSI (Relative Strength Index). A reversal or retracement phase will set in as the price bounces off the discount array. The discount array is a bullish order block arou...
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May 14, 2023

Shiba Inu (SHIBUSD) Retracement Phase Looms As The Third Wave Approaches Support

SHIBUSD Analysis: A Retracement Phase Looms As The Third Wave Approaches Support SHIBUSD retracement phase looms as the third wave approaches to support. The motive wave began on February 5, 2023, after a surge into the $0.000015900 supply zone. The price is currently in the third wave. However, th...
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May 09, 2023

Shiba Inu (SHIBUSD) Approaches Target As Buyers Set Entry At Demand Zone

SHIBUSD: Price Approaches Target As Buyers Set Entry at Demand Zone SHIBUSD approaches its target as buyers set entry at the demand zone of $0.00000960. However, the bullish phase will only last for a short time. This is due to the apparent trend of the market on the daily chart. On the daily chart...
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