Источник
BeInCrypto.com


Заголовок
Shiba Inu Price Tumbles 18% Amidst Crypto Market Downturn


Дата
20241113


Этим цветом    обозначаются известные системе слова и выражения,
принимавшие участие в анализе данного текста, а таким    - идентифицированные,
то есть соотнесенные с каким-либо объектом онтологической базы

============= Обработанный текст:

Shiba Inu Price Tumbles 18% Amidst Crypto Market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта Downturn Leading meme coin Shiba Inu ( SHIB ) has seen an 18% price drop in the past 24 hours. This mirrors the broader cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта market s downturn, with global market capitalization falling by 5% over the same period. An assessment of the meme coin’s on-chain and technical setup has revealed a weakening bullish momentum and a growing dominance of bearish sentiment. This indicates that SHIB may extend this downtrend. Here is how. Shiba Inu Loses Its Bulls Sponsored Sponsored Shiba Inu’s declining open interest (OI) confirms the decrease in market activity and a waning of bullish enthusiasm among the meme coin holders. As of this writing, this stands at $82.49 million, noting a 32% fall over the past 24 hours. Shiba Inu Open Interest. Source: Coinglass OI refers to the total number of active contracts in the futures or options market that have not yet been settled, expired, or closed out. When it falls, it is a bearish signal. It suggests that traders are closing out their positions, likely because they believe the asset’s value will continue to drop or because they want to limit losses. This drop in OI amid falling prices, as in SHIB’s case, is a sign that bearish sentiment is strong among market participants. Sponsored Sponsored Additionally, the meme coin’s Mean Dollar Invested Age (MDIA) has declined steadily since November 9, confirming the uptick in selling pressure in the market. As of this writing, SHIB’s MDIA is 877, having decreased by 1.5% over the past four days. Shiba Inu MDIA. Source: Santiment The MDIA tracks the average age of coins based on their dollar value. It measures how long, on average, a dollar invested in a cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта has remained idle in its current wallet address. A higher MDIA suggests that investors have kept their holdings over extended periods, while a lower MDIA means recent capital inflows or outflows. When an asset’s MDIA falls, it suggests that older coins are being moved, indicating increased trading activity. When this happens during a period of price decline, it indicates profit-taking or loss-cutting. It suggests a shift in market sentiment, with investors showing a greater willingness to sell their holdings. This selling activity contributes to a bearish trend as selling pressure outweighs buying pressure. SHIB Price Prediction: Key Targets To Watch As of this writing, Shiba Inu trades at $0.000023 . Its double-digit fall over the past 24 hours has caused its price to decline toward its 20-day exponential moving average (EMA), which tracks its average price over the past 20 trading days. Sponsored Sponsored The 20-day EMA acts as a dynamic support level in an upward trend. A decline towards this level means a drop in buying pressure. However, it offers a support floor where price corrections or pullbacks often find buying interest. For Shiba Inu , its 20-day EMA forms support at $0.000020. If the price breaks below the 20-day EMA, it indicates a shift in momentum, as the meme coin is no longer finding support at this level. This breakdown will attract further selling, as traders view it as a bearish sign, prompting them to exit or take short positions. Should the $0.000020 price level fail to hold as support, the SHIB price drop will continue to $0.000016. Shiba Inu Price Analysis. Source: TradingView However, if the 20-day EMA provides support, SHIB’s price may resume its uptrend and attempt to reclaim $0.000028. Top crypto platforms | November 2024 ChainGPT Explore BYDFi No KYC Margex Explore Сoinex Explore Top crypto platforms | November 2024 ChainGPT Explore BYDFi No KYC Margex Explore Сoinex Explore Top crypto platforms | November 2024 ChainGPT BYDFi Margex Сoinex Disclaimer In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions , Privacy Policy , and Disclaimers have been updated.

============= Итог:
2,8641 ; Экономика#Финансы#Платежные средства#Платежные системы интернета
	#Криптовалюта