SHIB AI Trading (Date: 2025\/03\/24 02:00) summarizes the decision background.<\/p>\n<\/p>\n
As a result of analyzing key technical indicators in the SHIB coin’s chart over the past 300 days, the current market situation is relatively stable but shows a continuous downward trend. Based on the 300-day moving average (MA), the short-term MA (50 days) is crossing below the medium-term MA (100 days), which can be interpreted as a sell signal. Additionally, the relative strength index (RSI), a secondary indicator, is positioned in the oversold range below 30, suggesting that the market’s downward trend may be somewhat excessive.<\/p>\n
The key resistance level is confirmed at $0.022, and the support level is at $0.018, with the current price near the support level. If the downward trend continues, it seems likely that the support level will be tested. Furthermore, the ongoing decline in trading volume while prices continue to fall indicates that selling pressure is increasing. Moreover, considering the current market uncertainty, short-term traders may find it wise to choose a holding strategy rather than buying.<\/p>\n
<\/p>\n
External factors affecting the overall flow of the CRYPTO market and the value of SHIB coins include recent changes in U.S. interest rate policy and the global economic situation. In particular, changes in monetary policy in various countries have a significant impact on the cryptocurrency market. Due to uncertain economic indicators over the past few months, the majority of investors are taking a conservative approach, resulting in a downward trend for many coins.<\/p>\n
Additionally, if the latest projects or updates from the SHIB community do not receive a positive response, user trust may also decline, negatively impacting prices. Therefore, it is important to pay attention to major news or policy changes in the market and adjust positions accordingly. For now, it is recommended to maintain a holding position rather than promoting buying until the market stabilizes to some extent.<\/p>\n","protected":false},"template":"","class_list":["post-4780","buysell-coin","type-buysell-coin","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cooss.net\/en\/wp-json\/wp\/v2\/buysell-coin\/4780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cooss.net\/en\/wp-json\/wp\/v2\/buysell-coin"}],"about":[{"href":"https:\/\/cooss.net\/en\/wp-json\/wp\/v2\/types\/buysell-coin"}],"version-history":[{"count":1,"href":"https:\/\/cooss.net\/en\/wp-json\/wp\/v2\/buysell-coin\/4780\/revisions"}],"predecessor-version":[{"id":5040,"href":"https:\/\/cooss.net\/en\/wp-json\/wp\/v2\/buysell-coin\/4780\/revisions\/5040"}],"wp:attachment":[{"href":"https:\/\/cooss.net\/en\/wp-json\/wp\/v2\/media?parent=4780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}