Shiba Armstrong Price Prediction: SHIBA Soars 163% as AI Meme Coin WienerAI Surpasses $2 Million
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shiba armstrong price soar It’s up more than 163% in the last 24 hours, trading at $0.004789 as of 8 a.m. EST, as investors rush to buy. same corner.
SHIBA’s surge has continued over the past few hours, with investors driving the altcoin’s price up more than 32% in the past six hours.
Shiva Armstrong price is in positive order
SHIBA/USD 4-hour chart (Source: gecko terminal)
Ciba Armstrong price has seen a positive trend over the last 12 hours. During this time, it overcame both the $0.002601 and $0.003656 resistance levels and soared to a high of $0.004894. It then reverted and a new resistance line was formed at $0.004661.
If SHIBA is rejected by the newly formed barrier in the next 8 hours, Shiba Armstrong price may adjust towards the immediate support at $0.003656. If the cryptocurrency price falls to this point, continued selling pressure could push SHIBA down to the aforementioned $0.002601 level.
If the 4-hour candle closes above $0.004646 within the next 8 hours, the bearish argument could be invalidated. Traders can identify SHIBA as a long-term entry if it overcomes this threshold. Because there is a clear path for altcoins to enter the upward exploration phase.
Bullish momentum could push Ciba Armstrong price higher
From a technical perspective, the surge in SHIBA has entered a bullish cycle, which is clearly evident on the 4-hour chart with the Moving Average Convergence Divergence (MACD) line above the MACD signal line.
Additionally, the MACD line has a positive slope and deviates above the signal line. This could mean that positive momentum is growing stronger.
One indicator to keep an eye on is the Relative Strength Index (RSI) on the 4-hour chart. When RSI approaches 90 bull It seems overwhelmingly stronger than the bear.
However, a high RSI value is generally considered a sign that a cryptocurrency’s downside potential is greater than its upside potential. Therefore, traders identify high RSI values as a sell signal.
Some traders appear to have already reduced their exposure to SHIBA, as evidenced by the flattening slope of the RSI line.
We can see that the RSI line is sloping negative and that the Ciba Armstrong price will correct due to the increase in sales. This could cause the cryptocurrency price to fall to the recently broken $0.003656 level.
However, SHIBA is not the only meme coin that has caught the attention of investors. There is an ICO for another dog-themed meme coin. Winner AI Earlier today, the ICO raised more than $2 million.
Your loyal cryptocurrency trading companion
WienerAI is an AI-based meme coin that seeks to serve as a luxurious and loyal companion for cryptocurrency traders. A simplified user interface allows traders to leverage WienerAI’s sophisticated predictive models to make more informed trading and investment decisions.
In addition to its powerful AI trading model, WienerAI provides investors with access to seamless swaps, allowing them to capitalize on any golden opportunities that appear.
WienerAI is more than just a trading bot
Your AI trading companion!
More details coming soon! pic.twitter.com/HG5C0tE6Rk
— WienerAI (@WienerDogAI) May 14, 2024
Token holders within the WienerAI ecosystem will never be preempted by MEV bots again, given the MEV protection provided by the project. There are also no fees for all of these features.
Perfect for the upcoming Bull Run.
There have been many developments in the cryptocurrency industry this year. Perhaps the most notable of these developments is the launch of a spot Bitcoin exchange-traded fund (ETF). With the launch of these investment products in the US, many expect a tsunami of capital to enter the web3 space.
Billions of dollars have flowed into spot Bitcoin ETFs since the product launched in January, but the market has been in limbo as it prepares for the quadrennial halving event.
With mining rewards cut again in recent weeks, the demand for spot Bitcoin ETFs and the increased scarcity of BTC are expected to cause the price of the cryptocurrency to surge exponentially.
During this rally, investors and traders are likely to turn to projects like WienerAI and advanced AI to make more informed trading decisions and maximize profits.
Crypto YouTuber ClayBro recently told his 128,000 subscribers that WienerAI’s native token could be pumped after launch, potentially generating a 10x return for investors.
Additionally, a 487% APY is offered to ICO buyers. This means that investors don’t have to wait for an expected rally to start growing their cryptocurrency.
In order to acquire the project’s native tokens at an early stage and participate in its profitable staking program, investors can purchase WienerAI on the official website.
To receive up to 487% in annual staking rewards, purchase and stake WienerAI here.
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