{"id":122567,"date":"2023-07-14T18:34:46","date_gmt":"2023-07-14T18:34:46","guid":{"rendered":"https:\/\/dripp.zone\/news\/whats-ahead-for-shib-price-after-0-0000083-breakout-crypto-news\/"},"modified":"2023-07-14T18:34:48","modified_gmt":"2023-07-14T18:34:48","slug":"whats-ahead-for-shib-price-after-0-0000083-breakout-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/whats-ahead-for-shib-price-after-0-0000083-breakout-crypto-news\/","title":{"rendered":"What&#8217;s Ahead for $SHIB Price After $0.0000083 Breakout?\n &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-154303\">\n<p><!--\n     \n\n<div class=\"marketThumbs\">\n             <noscript><img loading=\"lazy\" width=\"1200\" height=\"681\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/14235320\/R835Oggz-e1689359027825.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Shiba Inu Price Analysis\" decoding=\"async\" srcset=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/14235320\/R835Oggz-e1689359027825.png 1200w, https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/14235320\/R835Oggz-e1689359027825-300x170.png 300w, https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/14235320\/R835Oggz-e1689359027825-768x436.png 768w, https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/14235320\/R835Oggz-e1689359027825-150x85.png 150w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/noscript><\/div>\n\n\n--><\/p>\n<p class=\"MarketsUp f-14 d-block\">Published 7 minutes ago  <\/p>\n<div class=\"Atcs\">\n<p><span style=\"font-weight: 400;\">Shiba Inu Price Analysis: On July 9th, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/shiba-inu\/\">Shiba Inu Price<\/a> signaled an early sign of bullish recovery when it breached a long-coming resistance trendline.  This dynamic resistance kept the popular memecoin in a downtrend over the past five months and plunged it to a new year low of $0.00000543.  As the crypto market gets back on recovery tracks, interested traders can look for entry opportunities from this breakout.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/shiba-inu-news-largest-shiba-inu-whale-transfers-4-trillion-shib-tokens\/\">Shiba Inu News: Largest Shiba Inu Whale Transfers 4 Trillion $SHIB Tokens<\/a><\/p>\n<h2><b>Shiba Inu Price Daily Chart: <\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The $0.000000832 stands as strong resistance against traders.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The SHIB price is at risk of a potential pullback before the next leap.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The intraday trading volume of the Shiba Inu coin is $273.3 Million, showing a 111% gain.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Shiba Inu Price Analysis\" width=\"1946\" height=\"1104\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/4\/4H5CVVt3.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/s3.tradingview.com\/snapshots\/4\/4H5CVVt3.png\" alt=\"Shiba Inu Price Analysis\" width=\"1946\" height=\"1104\"\/><\/noscript>Source- Tradingview<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Amid the recent upsurge in the crypto market, the Shiba Inu price jumped 14.11% from the $0.00000773 low offering an excellent follow-up to the trendline breakout of July 9th.  This breakout signals a change in market sentiment from selling on rallies to buying on dips.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">By press time, the Shiba Inu price trades at $0.0000082 and faces supply pressure at $0.00000832 resistance.  The rejection wick attached to the daily candle indicates the sellers defending the overhead resistance and could trigger a minor correction.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">However, the possible reversal would be limited to the new coming support trendline.  The coin holder can use this trendline for trailing stop loss as the dynamic support could bolster buyers to rechallenge the $0.00000832 resistance.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h2><strong>What if SHIB Price Reverted from $0.0000083?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">If the bullish momentum in the market persists, a breakout above the $0.00000832 resistance could set the Shiba Inu price for a significant upswing.  The post-breakout rally could surge the price by 17% to hit $0.00000976, followed by $0.0000119. <\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Average Directional Index: <\/b><span style=\"font-weight: 400;\">An uptick in the daily ADX slope projects the necessary strength in buyers to lead a bullish upswing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Bollinger Bands: <\/b><span style=\"font-weight: 400;\">An upper band of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/bollinger-band\/\">Bollinger Band indicator<\/a> challenges up the SHIB price indicating the rising bullish momentum.<\/span><\/li>\n<\/ul><\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA154303\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>From the past 5 years I am working in Journalism.  I follow the Blockchain &#038; Cryptocurrency from last 3 years.  I have written on a variety of different topics including fashion, beauty, entertainment, and finance.  Reach out to me at brian(at)coingape.com                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD154303\">\n<p>    The content presented may include the personal opinion of the author and is subject to market condition.  Do your market research before investing in cryptocurrencies.  The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p>     <!--           <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/category\/price-analysis\/\" class=\"closeArticle2 close-btn\">Close Story<\/a>--><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Published 7 minutes ago Shiba Inu Price Analysis: On July 9th, the Shiba Inu Price signaled an early sign of bullish recovery when it breached a long-coming resistance trendline. This dynamic resistance kept the popular memecoin in a downtrend over the past five months and plunged it to a new year low of $0.00000543. As [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":122568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-122567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/122567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=122567"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/122567\/revisions"}],"predecessor-version":[{"id":122569,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/122567\/revisions\/122569"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/122568"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=122567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=122567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=122567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}