643% Shiba Inu Spike: Why It’s Significant
Main Idea
Shiba Inu (SHIB) has experienced a 643% surge in large holder netflows, indicating increased whale activity and bullish sentiment, with potential price targets if key resistance levels are surpassed.
Key Points
1. Shiba Inu's large holder netflows surged by 643%, signaling a bullish shift among whales.
2. The cryptocurrency is testing resistance at the 200-day SMA ($0.00001371), with potential upward targets at $0.000016 and $0.00002 if breached.
3. SHIB rebounded from a low of $0.0000116 on Aug. 2, gaining momentum above the 50-day SMA ($0.00001277) to reach $0.000014.
4. The SHIB team predicts an 800% price surge in one week, coinciding with altcoin outperformance and a potential altseason if Bitcoin dominance drops below 75%.
5. Ethereum crossed $4,200 for the first time since December 2021, while market analysts suggest an accumulation phase may precede a breakout in September.
Description
Market hinting at classic August pattern
Latest News
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- 643% Shiba Inu Spike: Why It’s Significant2025-08-09 16:25:55
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- Shiba Inu Bulls Are Active as Price Flips Bullish on 12% Gains2025-08-09 15:17:50
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