Shiba Inu Shows Potential for Further Gains Amid Rising Volume and Key Price Range Testing
2025-07-18 11:58:25
Main Idea
Shiba Inu (SHIB) has shown significant price growth, breaking key resistance levels with a 32% surge in July, driven by rising trading volume, market cap growth, and AI initiatives within its ecosystem.
Key Points
1. Shiba Inu's price surged from $0.00001275 to $0.00001579 in four days, accompanied by a 30.31% increase in trading volume, reaching $693.49 million.
2. SHIB's market capitalization is nearing $9 billion, marking its strongest monthly gain since February.
3. Key resistance levels between $0.000015 and $0.000019 are critical, with potential for further gains if the price sustains above this range.
4. Holder distribution data suggests a possible 60% price increase to $0.000024 if SHIB breaches the $0.000019-$0.000024 range.
5. Support levels between $0.000014 and $0.000015 could influence SHIB's near-term price trajectory.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Shiba Inu (SHIB)
Latest News
- US ADMIN LOOKING AT A RECIPROCAL TARIFF RATE 10% WITH EUROPE EVEN IF A DEAL IS REACHED: FT CITING DIPLOMATS2025-07-18 16:28:54
- IBIT Leads BlackRock ETF Capital Inflow Surge While ETHA Secures Fifth Place2025-07-18 16:28:43
- Trend Research’s Large UNI Withdrawals Suggest Possible Strategic Shift Amid ETH Transfer Pause2025-07-18 16:15:45
- Shiba Inu (SHIB) Shows Potential Breakout Following Ethereum’s Recent Market Gains2025-07-18 16:15:26
- Record-Breaking 3.7 Million ADA Transaction on Cardano Network Highlights Mars Finance Activity2025-07-18 16:00:33