Shiba

Resistance

Shiba Inu

<ul class="news-points"> 
 <li><strong>Shiba Inu (SHIB) has seen a 55% increase in the last three months.</strong></li> 
 <li><strong>Nearly 90,000 addresses hold over 422 trillion SHIB at $0.000016.</strong></li> 
 <li><strong>59.87% of all SHIB holders are currently&nbsp; “Out Of The Money.”</strong></li> 
</ul> 
<p><a href="https://coinedition.com/tag/Shiba-Inu-SHIB/">Shiba Inu (SHIB)</a> has seen a 55% increase in the last three months, staying relatively quiet during the recent altcoin season, according to Ali, a renowned crypto analyst on X (formerly Twitter). Ali noted that SHIB faces major resistance despite significant potential for growth. He also observed that nearly 90,000 addresses hold over 422 trillion SHIB at $0.000016. Ali fetched the data for his analysis from IntoTheBlock, a blockchain data-providing firm.&nbsp;</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/ShibaInu?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#ShibaInu</a> has seen a 55% increase in the last 3 months, staying relatively quiet during the recent altcoin season. <br><br>While there's potential for growth ahead, <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$SHIB</a> faces a major resistance zone. Nearly 90,000 addresses hold over 422 trillion <a href="https://twitter.com/hashtag/SHIB?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#SHIB</a> at $0.000016. <a href="https://t.co/LE6kpLb1Or" target="_blank" rel="nofollow">pic.twitter.com/LE6kpLb1Or</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1733587823616520238?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 9, 2023</a>
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<p>A further breakdown of the SHIB distribution by IntoTheBlock showed that only 25.92% of SHIB holders are currently “In The Money.” That represents SHIB holders who are in profit at the…</p>
<p>The post <a href="https://coinedition.com/shib-faces-resistance-despite-significant-growth-potential-analyst/">SHIB Faces Resistance Despite Significant Growth Potential: Analyst</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

SHIB Faces Resistance Despite Significant Growth Potential: Analyst

Coin Edition

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