{"id":31787,"date":"2023-11-06T13:06:29","date_gmt":"2023-11-06T13:06:29","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/11\/06\/why-shib-is-set-for-a-massive-rally-this-week\/"},"modified":"2023-11-06T13:06:29","modified_gmt":"2023-11-06T13:06:29","slug":"why-shib-is-set-for-a-massive-rally-this-week","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/11\/06\/why-shib-is-set-for-a-massive-rally-this-week\/","title":{"rendered":"Why SHIB Is Set For A Massive Rally This Week"},"content":{"rendered":"

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Altcoins like Shiba Inu Coin (SHIB) have continued to maintain their uptrends over the previous few weeks at the same time as\u00a0Bitcoin (BTC) consolidates below $35,000<\/span><\/a>. The second-largest meme coin, pushed above resistance highlighted at $0.000008 final week, reinforcing the bullish grip and subsequently the anticipated climb above $0.00001.<\/p>\n

Shiba Inu Coin Price Prediction As SHIB Consolidates Between Key Support And Resistance<\/h2>\n

Shiba Inu price<\/a><\/span>\u00a0sits between assist offered by the 100-day Exponential Moving Average (EMA) (blue) at $0.00000774 and resistance as highlighted by the 200-day EMA (purple) at $0.00000836.<\/p>\n

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The meme coin, with a market cap value $4.8 billion, is buying and selling at $0.00000819 on Monday backed by $165 million in buying and selling quantity. Based on the upward place of the On-Balance Volume (OBV)\u00a0SHIB bulls<\/span><\/a>\u00a0have the higher hand and with a minor push, the worth may blast via the instant resistance and shut the hole to $0.00001.<\/p>\n

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