I can't believe they think that Shiba Inu would reach $1. Who in their right mind would think that? A value of $1 for Shiba Inu would be a monumental change for the global economy and would have disruptive effects on finance, the stability of traditional currencies, and the distribution of wealth. This situation would likely lead to the intervention of regulators, governments, and central banks to contain or control the economic impact. In addition, it would generate an alternative financial system that is more dependent on technology, although very vulnerable to volatility. The effect of such an increase in the value of SHIB would be similar to that of a total transformation in the global economic landscape, which makes it a very unlikely and risky scenario.

$589 billion would be worth all the Shiba tokens together...

This value would exceed the world's Gross Domestic Product (GDP), which is around $100 billion.

$SHIB
It is also much larger than the market capitalization of any company or asset in the world.

#Shibalnu1dolar #SHİB #Shibalnu #SHIBAnalysis #ShibaInuTeam

Hurry up and buy

Pixel volume is rising and RSI is rising again, this suggests a bounce, don't miss your chance, buy now pixel

It's time to buy #PİXEL don't miss this opportunity the rsi is reaching 30 and the price remained at the resistance of 0.1333 buy now

COMPRA neiro ya,

As I predicted BTC went up but now what I see on the chart is a bounce at 66000 I think it's time to sell, the floor could be 64000 if it reaches 64000 and a doji candle or a hammer candle appears the price will bounce back up very possibly cross your fingers and clench your butts :)

On this 6-hour chart, I see that the price is currently at 62,625.99, and here are some general observations:

Trend: The price had a sharp drop from 66,498 to a low of 58,946, but has since bounced back. Currently, it seems to be consolidating around 62,625.

Moving Averages:

The MA(7) (yellow) is slightly below the MA(25) (pink), which is a short-term bearish signal. However, the recent crossover shows that the downtrend might be slowing down. The MA(99) (purple) is quite far from the price, indicating that in the long-term, the trend is still bullish.

RSI:

The RSI(6) is at 54.45, indicating that the asset is neither overbought nor oversold, so there is no strong buy or sell signal based on the RSI. The RSI(12) is at 53.92, and the RSI(24) is at 51.65, both at neutral levels, suggesting that the market is undecided.

Volume: The volume has been moderate over the past few hours, indicating that there is no strong buying or selling pressure.

Recommendation: If you have not bought yet, you might wait for a clearer trend confirmation. If the price manages to break the resistance near 64,000, you might consider an entry, as this would indicate a possible bullish continuation. If the price turns down and breaks the support at 61,337, there could be a further correction, so it would be prudent to wait before buying.

Since the RSI is neutral and the moving averages are not showing a clear signal, it would be best to wait for a more definite signal before making a buying decision. Also, if you decide to buy, you can consider setting a stop-loss below the 61,000 or 60,900 support to limit potential losses.

My First Post, Support Me To Give More Diagnosis

Post Your Red Envelopes :)$$$