Computer Engineer - Software
More than 10 years of management experience in financial institutions
Full-time trader in financial markets
#Bitcoin#ETH#Shib
The Shiba Inu ecosystem team outlines how a potential SHIB ETF could extend its impact beyond the token itself to boost Shibarium and its gas token, BONE.
This outline came via the official X handle of its Layer 2 blockchain, Shibarium. Notably, the team pointed out that the race for spot crypto ETFs is heating up. With Bitcoin and Ethereum ETFs already live, speculation is turning to which crypto asset will be next in line.
Interestingly, the ecosystem team framed Shiba Inu as a major contender for a spot ETF, citing its popularity and its transition from a meme coin to a utility token.
In addition, the post emphasized that Shiba Inu boasts a multi-billion-dollar market cap, listings on major global exchanges, and a strong retail community. It claims that these features mirror some of the conditions that propelled the launch of Bitcoin and Ethereum ETFs.
https://t.co/2FxVs6xlGU
To start exiting the downtrend, Shiba must first break its downtrend line and reach and cross the 0.00001856 area, which is also an important resistance.
Unfortunately, in the daily time frame and in the range of 0.00001916, the probability of a death cross is very high, and if it happens, a worse downtrend will be expected.
But if it can close a strong candle above 0.00002123 in the 8-hour time frame, the death cross will be invalidated.
My targets for the next 2 months for Shiba can be 0.00004807 and 0.00007078.
In the event of a correction and market decline, the number 0.00001028 will be available.
Shiba is dependent on the positive movement trend of Ethereum, so it can be said that with the rise of Ethereum, Shiba will also be bullish.
https://t.co/2FxVs6xlGU
To start exiting the downtrend, Shiba must first break its downtrend line and reach and cross the 0.00001856 area, which is also an important resistance.
Unfortunately, in the daily time frame and in the range of 0.00001916, the probability of a death cross is very high, and if it happens, a worse downtrend will be expected.
But if it can close a strong candle above 0.00002123 in the 8-hour time frame, the death cross will be invalidated.
My targets for the next 2 months for Shiba can be 0.00004807 and 0.00007078.
In the event of a correction and market decline, the number 0.00001028 will be available.
Shiba is dependent on the positive movement trend of Ethereum, so it can be said that with the rise of Ethereum, Shiba will also be bullish.
https://t.co/2FxVs6xlGU
To start exiting the downtrend, Shiba must first break its downtrend line and reach and cross the 0.00001856 area, which is also an important resistance.
Unfortunately, in the daily time frame and in the range of 0.00001916, the probability of a death cross is very high, and if it happens, a worse downtrend will be expected.
But if it can close a strong candle above 0.00002123 in the 8-hour time frame, the death cross will be invalidated.
My targets for the next 2 months for Shiba can be 0.00004807 and 0.00007078.
In the event of a correction and market decline, the number 0.00001028 will be available.
Shiba is dependent on the positive movement trend of Ethereum, so it can be said that with the rise of Ethereum, Shiba will also be bullish.
https://t.co/2FxVs6xlGU
To start exiting the downtrend, Shiba must first break its downtrend line and reach and cross the 0.00001856 area, which is also an important resistance.
Unfortunately, in the daily time frame and in the range of 0.00001916, the probability of a death cross is very high, and if it happens, a worse downtrend will be expected.
But if it can close a strong candle above 0.00002123 in the 8-hour time frame, the death cross will be invalidated.
My targets for the next 2 months for Shiba can be 0.00004807 and 0.00007078.
In the event of a correction and market decline, the number 0.00001028 will be available.
Shiba is dependent on the positive movement trend of Ethereum, so it can be said that with the rise of Ethereum, Shiba will also be bullish.
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@EASPORTSFC my ps5 gave me an error ce-112987-8 won’t let me download any of the ea subscription. What do I do to fix this? i have ps plus and ea account .please help me for to fix tihs problem
@EASFCDirect my ps5 gave me an error ce-112987-8 won’t let me download any of the ea subscription. What do I do to fix this? i have ps plus and ea account .please help me for to fix tihs problem