- The oversupply von Shiba Inner remains a problem for the Shib course.
- But daily token burning gives hope for long-term increase in value.
Shiba Inu has been in a long sideways movement for over four months, which fluctuates between $ 0.0000137 and $ 0.0000125. Shib is currently being traded at $ 0.00001236 and thus lists a lean decline of 0.74 % , On the later Pressure in the direction of the most important support zones follows, since the sellers continue to try to be one step ahead of the buyers and therefore give the asset no chance of a quick decline.
The current price movement draws a clear line of lower highs and lower lows, which indicates continuous control by the bears.
This is supported by a technical analysis that shows that the Bollinger ligaments are around a SMA of the last 20 periodsconstructed are in close condition, which indicates that the market is waiting for a strong movement in the near future.
The Shib course stays near the lower course channel, which indicates that the declining phase continues stark is . The 20-periodic sliding average (Hull Moving Average) is currently $ 0.00001278 and therefore above the current course, which indicates that the downward trend still stopped.
The indicators for the strength or change rate are currently not indicating a final reversal. The relative strength index is currently 32.75 and has thus approached the oversized area , However, without delivering a purchase signal to the dealers.
The MACD is still in the negative area, and down crosses of the signal and MACD lines is not yet foreseeable. The histogram becomes smaller, which indicates that the downward trend could lose strength, although it is too early to confirm the reversal.
2 points should be observed before an investment in Shib
In addition to all the technical difficulties The biggest problem vonShiba Innerim Moment The abundance of the circulating offer. The presence of more than 547 trillion tokens on the market makes Shib a lack of scarcity, which would otherwise give the token a price increase.
Since there is no significant reduction in this number, the probability of one steady growth des Tokens small amount. The monstrous offerwon If the price effect stands in the way, and as long as the burns are not aggressive and sustainable, the token could remain on the ground of the facts forever.
In view of the offer uncertainties place die daily token burns vonShiba Innerhowever a gradual path to through that gradual disappearance of the circulating offer to achieve a recovery .
While the short -term effect is low, regular burns can work due to the shortage of the offer to long -term pricing potential. However, this result depends on Condition of the marketthe extent of the Support by The community and the effectiveness of the Tokenomicswon ab.
Caution is for Shib investor still offered
In view of the declining mood and the oversold state should Shiba Inu investor act carefully. The situation would confirm a further downward movement if the price falls below $ 0.00001234.
Shouldhowever The sales pressure decrease and recover the Shib course until the HMA would be a movement to higher courses at short notice.
Shiba is still a coin for observation that not suitable for speculation as long as there is no clear turnaround. Owners who think about 2025 should keep an eye on the daily combustion metrics and new developments that could continue to promote the reduction of the offer or to live up for interest.
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