Shiba Inu Price Down 27% in 30 Days | Airdrop Alert Pro

shiba inu(Hebrew) Prices have been trading sideways for the past seven days, but have still dropped 27% in the past 30 days, reflecting a broader weakness. Despite recent signs of recovery, momentum indicators are like RSI BBTREND suggests that SHIB is still working to establish a clear direction.

However, potential gold cross formation on the EMA line could mark a bullish breakout, with key resistance levels of soaked at $0.000017 and $0.000019. On the downside, Shib may regain support for $0.000014 if sales pressure resumes.

Shib RSI is currently neutral, below 60.8

Shiba Inu RSI has now made a sharp move yesterday, with the move rising from 50 to 60.8. Relative Strength Index (RSI) is a momentum indicator used to measure whether assets are too high or oversold on a scale of 0 to 100.

Usually, one RSI has more than 70 signals and is purchased Conditions and potential prices fall, while RSI under 30 indicates excessive conditions and the possibility of rebound.

When the RSI hovers around 50 minutes, this indicates that there is a lack of strong momentum in both directions, which means that the asset is in the neutral zone, without a definite trend.

Since Meme Coin’s RSI is now at 52, this indicates The recent bullish momentum has disappeared slightlybut the price is not bearish yet. While the RSI over 50 can suggest a slight bullish force, it is not enough to confirm the breakout.

If Shib can restore momentum and push RSI back above 60, it may mark a potential continuation of increased buying pressure and uptrend.

However, if the RSI continues to drop below 50, it may indicate a weaker demand, leaving SHIB vulnerable to further consolidation or even withdrawal.

Shiba Inu Bbtrend is positive now, but still low

Shiba Inu The BBTREND indicator, after spending six consecutive days on negative territory, is currently at 2.29 and hit a low of -19.3 on February 6. The BBTrend or Bollinger Bands trend is a fluctuation-based indicator that helps determine strength and direction. trend.

Positive values ​​of positive values ​​indicate bullish momentum, while negative values ​​indicate bearish pressure. The deeper the negative reading, the stronger the sales pressure, and a higher positive value indicates an increase in the uptrend.

Now, with Shib Bbtrend now is 2.29, Transfer from negative territory It indicates that bearish momentum has weakened and buying pressure has begun to form. Although this has not confirmed a strong uptrend, it indicates a potential transition to a more bullish structure.

If BBTREND continues to rise, it may indicate an increase volatility Prosper the buyer and push Shibu towards further gains.

However, if the indicator is difficult to move higher or becomes negative again, it indicates that the recent recovery lacks intensity, putting SHIB at risk of updating downward pressure.

SHIB Price Forecast: Potential 57% surge

Shiba Inu EMA lines indicate that a golden cross will soon form. The golden cross is a bullish signal that occurs when the short-term moving average exceeds the long-term moving average. If this pattern is implemented, SHIB price Momentum can be obtained and the resistance is first tested to be $0.000017.

A breakout above this level could raise the price to $0.000019, and if the bullish momentum continues, Shib may target the $0.0000249 target, which is potential 57% upside potential.

On the other hand, if SHIB price Unable to withstand buying pressure and enter a new downtrend, it may test key support for $0.000014.

Failures below this level will open the door to further disadvantages, and the price may drop to $0.0000116, with the sign dropping by 27%. This suggests that the bearish momentum seen in recent weeks is still intact, increasing the likelihood of further losses.