Shiba

Shift

Shiba Inu

Time

Coin

<p>Shiba Inu (SHIB) has been on an absolute tear lately, surging a remarkable 300% in the last 7 days. Today alone, SHIB is up over 60% to trade around $0.000042 at press time.</p>
<p>Amid this explosive rally, a top trader on TradingView with over 30,000 followers has spotted a “Buy” signal for SHIB. The trader, known as “pullbacksignal,” just posted a detailed analysis calling for traders to open buy positions now.</p>
<p><a href="https://www.tradingview.com/chart/SHIBUSDT/IAZurQ42-SHIBAINU-It-is-likely-to-continue-to-rise-Reduce-the-risk/" target="_blank" rel="noopener noreferrer nofollow">According</a> to the analysis, traders can buy SHIB now or at the $0.0000306 level, with a stop loss at $0.0000225. The trader has set three take profit targets:</p>
<ul>
 <li>TP1 at $0.0000540 (28% gain from current levels)</li>
 <li>TP2 at $0.0000667 (58% gain)</li>
 <li>TP3 at $0.0000830 (97% gain)</li>
</ul>
<p>pullbacksignal’s trading signals are based on classical technical analysis, including price action candlesticks, Fibonacci retracements, RSI, moving averages, Ichimoku Cloud, and Bollinger Bands.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="401" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-190-1024x401.png" alt="" class="wp-image-448290" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-190-1024x401.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-190-300x118.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-190-766x300.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-190-1536x602.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-190-2048x802.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-190-383x150.png 383w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-190-100x39.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-190-893x350.png 893w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-190-788x308.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-190.png 1608w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>While SHIB has pumped over 60% today, it’s interesting to note that its daily Relative Strength Index (RSI) is still at 51, which is in neutral territory. This could suggest the rally has more room to run before becoming overbought. An RSI reading below 30 is considered oversold, while above 70 signals overbought conditions.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $BONK, $PEPE, and $WIF? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This pioneering memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>The massive SHIB rally comes amid a broader surge in <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coins such as Dogecoin, WIF, BONK, PEPE, and FLOKI. All of these meme coins surged 100%-300% in the last 7 days. While the fundamentals behind most of these tokens remain questionable, the fear of missing out (FOMO) and speculative trading can drive incredible rallies during bull markets.</p>
<p>It remains to be seen if pullbacksignal’s lofty SHIB targets will be achieved. But in the world of meme coins and speculative crypto, crazier things have happened. For now, the dog-themed token is having its day in the sun.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/meme-coins-outperform-polygon-amid-steady-climb-not-matics-time-yet/" target="_blank" rel="noopener noreferrer nofollow">Meme Coins Outperform Polygon Amid Steady Climb: Not MATIC’s Time Yet?&nbsp;</a></li>
 <li><a href="https://captainaltcoin.com/massive-ethereum-eth-purchase-reportedly-linked-to-pulsechain-x/" target="_blank" rel="noopener noreferrer nofollow">Massive Ethereum (ETH) Purchase Reportedly Linked to PulseChain/X</a></li>
 <li><a href="https://captainaltcoin.com/binance-coin-bnb-panic-sells-investors-shift-focus-to-pushd-pushd-amid-cardano-ada-and-ripple-xrp-discord/" target="_blank" rel="noopener noreferrer nofollow">Binance Coin (BNB) Panic Sells, Investors Shift Focus to Pushd (PUSHD) Amid Cardano (ADA) and Ripple (XRP) Discord</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/top-meme-coin-trader-spots-a-buy-signal-for-shiba-inu-as-shib-price-skyrockets-by-300/" rel="noopener noreferrer nofollow">Top Meme Coin Trader Spots a ‘Buy’ Signal for Shiba Inu as SHIB Price Skyrockets by 300%</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Top Meme Coin Trader Spots a ‘Buy’ Signal for Shiba Inu as SHIB Price Skyrockets by 300%

Table of Contents

CaptainAltcoin

Other articles published on Mar 5, 2024

FROSINONE INNOVATIVE CONTEST WITH AUGMENTED REALITY

Floki Inu’s Market Stirred by Heavy Whale Transaction

Synthetic Dollar Protocol Ethena Enhances Connectivity with Bitget Wallet Integration

Worldcoin Faces Regulatory Scrutiny in South Korea Over Privacy Issues

Bitcoin’s Price Tug-of-War: Bulls versus Bears

Chilliz Flashed Breakout: Will CHZ Reclaim $0.2000 Amid a Surge?

Join our free newsletter for daily crypto updates!