SHIB

SHIB AI Trading (Date: 2025/06/18 02:00 UTC) decision background is summarized.

Technical Analysis

According to the trading data of SHIB coin over the last 300 days, the price shows an upward trend, and the recent rise is supported by the oscillator and volume indicators. First, looking at the distribution of the Bollinger Bands, the price is approaching the upper band, indicating the sustainability of the upward momentum. Additionally, the RSI (Relative Strength Index) is above 60, providing a signal of recovery from an oversold condition.

Examining the trend lines, we can confirm that recent highs are being continuously updated, indicating that the trend is progressing positively. The MACD (Moving Average Convergence Divergence) is making a positive crossover above the zero line, which is interpreted as a buy signal. Moreover, the trend of increasing trading volume suggests that this upward trend is likely to continue. Considering these various factors, we conclude that both short-term and medium-term trends are positive.

Summary of External Factors

The cryptocurrency market, including SHIB coin, is influenced by various external factors. Recently, the activation of roulette-style games and NFT (Non-Fungible Token) projects has positively impacted the interest in SHIB coin. Recent media coverage of financial support related to SHIB’s community activities has become a hot topic, which could lead to buying by investors.

In particular, the bullish trend in the global cryptocurrency market, along with news of listings on cryptocurrency exchanges that signal significant effects, is positively influencing SHIB’s price. Although uncertainties and volatility in the market still exist, the strong short-term buying pressure suggests that a positive trend is likely to continue for the time being. Through the combination of these external factors and technical analysis, the potential for SHIB’s rise remains valid.