SHIB

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

Technical Analysis

Recently, the SHIB coin has been trading at a major resistance level for 300 days, and the current price is approaching this resistance level. Both the 50-day moving average (MA) and the 200-day moving average (MA) are showing upward trends, suggesting potential for further increases. The RSI (Relative Strength Index) is currently at a neutral level and has not reached the oversold zone, indicating that additional increases are possible. The MACD (Moving Average Convergence Divergence) shows a positive crossover, which can be interpreted as a buy signal. Looking at the candlestick patterns, the recent bullish candlesticks reflect strong buying pressure, indicating investor confidence. If the price breaks through the resistance line, the next target could be 0.0200. However, if the price declines again, caution is needed, especially if the 0.0160 support level collapses, as there is a possibility of further declines.

Summary of External Factors

Recently, the cryptocurrency market has experienced wide fluctuations, and positive news about blockchain technology is increasing investor interest. In particular, as major exchanges continue to support SHIB liquidity, the strong backing from the community increases the likelihood of price appreciation. However, external factors such as economic instability and regulatory changes may pose cautionary points for investors. With the announcement of SHIB integration by a super app, expectations are rising, leading to increased trading volume. In this positive atmosphere, SHIB has the opportunity for short-term price increases.