Shiba Inu, XRP, Dogecoin, and Bitcoin all show signs of oversold conditions, suggesting potential short-term relief rallies. However, major moving averages remain resistance levels, indicating the overall bearish trend is intact. Bitcoin's recent sharp sell-off may have marked the worst phase, with stabilization around $62,000-$63,000, but a confirmed recovery depends on breaking key resistance. Altcoins like SHIB, XRP, and DOGE are beginning a bottoming process but need stronger buying momentum to reverse trends.
The U.S. Senate narrowly failed to advance the CLARITY Act in a 49-50 procedural vote, causing Bitcoin, XRP, and Shiba Inu to plunge. The bill aimed to provide comprehensive cryptocurrency market regulations but fell short of the 60 votes needed to p...
Shiba Inu (SHIB) has seen a sharp 78% decline in its seven-day moving average of mean exchange outflows, a key metric that previously indicated bullish momentum. This drop means fewer tokens are leaving exchanges, suggesting less movement away from t...
In the last 24 hours, only $29 worth of Shiba Inu (SHIB) tokens were burned, marking a 24.95% decrease in the daily burn rate. Major contributors to the burn included Binance, Robinhood, Coinbase, and Uniswap, with millions of SHIB tokens removed fro...
Shiba Inu (SHIB) has seen a 207% rise in average exchange inflows, surpassing 1 billion tokens, while outflows also increased by 256%. This surge indicates major players are redistributing liquidity, with inflows roughly double outflows, creating a s...
Ethereum is approaching a key technical breakout above $2,474, potentially targeting $3,000, supported by strong on-chain activity including large withdrawals to cold storage. This momentum is also impacting Shiba Inu, which shows mixed liquidity flo...
