SHIB

SHIB AI Trading (Date: 2025/04/03 02:00 UTC) summarizes the decision background.

Technical Analysis

The current SHIB coin is being analyzed through various key indicators based on the price data of the last 300 days. The recent price has dropped to 0.0185 and is showing stability after the decline, so it seems advisable to wait for a while. The RSI (Relative Strength Index) is currently in the oversold zone, and the MACD (Moving Average Convergence Divergence) is indicating bearish signals. The 200-day moving average is still acting as a major resistance level, and the downward trend is likely to continue until the price surpasses this level. Additionally, the recent candlestick pattern seems to be seeking a rebound after the decline.

Based on this pattern, the support level is formed at 0.0178, and if the price maintains this level, the possibility of a rebound also remains. However, in an overall declining situation, aggressive trading should be avoided. Due to market uncertainty and high volatility, investors need a more cautious approach.

External Factors Analysis

Recently, the cryptocurrency market has been significantly affected by the U.S. Federal Reserve’s interest rate policy and global economic instability. These factors are negatively impacting the trading volume of niche cryptocurrencies like SHIB coin. Furthermore, with unclear news about the management of the SHIB coin ecosystem and development team, investor sentiment is weakening. This is once again forming a direct link to the price decline of SHIB coin.

Recent mentions on social media and community activation may be factors driving interest in SHIB coin, but these often have low sustainability, making them insufficient as immediate reasons for investment. Considering the overall market decline and macroeconomic conditions, it may not be suitable to view SHIB coin as a stable investment, and further verification of more reliable information is necessary.