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Shiba Inu Price Prediction as SHIB Remains 2nd Largest Meme Coin Behind DOGE – Time to Buy?
Shiba Inu Price Prediction as SHIB Remains 2nd Largest Meme Coin Behind DOGE – Time to Buy?
Shiba Inu (SHIB) is set to end 2023 with gains of around 30%, gains which pale in comparison to those seen in many other major cryptocurrencies like Bitcoin (BTC), Ether (ETH), Solana (SOL) and XRP (XRP), which are up 150%, 92%, 940% and 82% respectively.
While Shiba Inu, last trading around $0.000010 per token, has seen weak gains versus other key sectors in the crypto market, its yearly gains are roughly in line with that of Dogecoin (DOGE), the largest meme coin in the world by market cap. #LQTY#Liquity (LQTY): Strong uptrend continues for altcoin
Liquity (LQTY) exhibits a mixed trend in the cryptocurrency market. The token price ranges from $1.3359 to $1.5644. According to the Relative Strength Index (RSI), the index is at 44.89, which is neutral. Moreover, other indicators such as the Stochastic K%K, the Commodity Channel Index (CCI), and the Average Directional Index (ADI) also support this stance. In other words, the LQTY market is in balance.
"The resistance levels for LQTY are $2.3163 and $2.9898. Support levels are at $0.9399 and $0.2370. These figures suggest that Liquity may face resistance in the short term if it tries to move upwards and may have some support at lower price levels. Notably, the altcoin recently broke above its 200-day moving average, which is a significant bullish signal. This was the second major rise since the bearish cycle's lower top trendline was breached.
Mixed signals from oscillators and moving averages point to a market that is currently uncertain and has the potential for both upward and downward movement. At the same time, there is a view that the LQTY may have reached the bottom with serious upside potential. In any case, the mutable nature of this being is borne in mind #ContentStar# #BountyCreator# #比特币# #GateioBountyCreator# #NewsMessenger#