Wednesday, July 30, 2025
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Alt Coins Shiba Inu

Shiba Inu Eyes Bull Run Against Bitcoin (BTC), But Looks Weak Against Dogecoin (DOGE)

cryptonews100_tggfrn by cryptonews100_tggfrn
July 10, 2025
in Shiba Inu
0
Shiba Inu Eyes Bull Run Against Bitcoin (BTC), But Looks Weak Against Dogecoin (DOGE)
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!


Shiba Inu’s

dollar-denominated value hit a one-month excessive, charting a bullish pattern towards Bitcoin. Nevertheless, the outlook towards its rival, dogecoin, does not look as promising.

SHIB has gained 5.2% previously 24 hours, reaching a excessive of $0.00001255 on Coinbase, the extent final seen on June 12. As of writing, the cryptocurrency teased a breakout into bullish territory above the broadly tracked 50-day easy shifting common (SMA) at $0.00001242.

jwp-player-placeholder

Key AI insights based mostly on the 24-hour value motion

  • Institutional flows drove costs from $0.00001215 to a peak of $0.00001250 between 19:00 and 20:00 on July 9, with an distinctive institutional quantity of 1.25 trillion tokens.
  • Robust institutional resistance has been established across the $0.00001250 stage, considerably exceeding the typical each day institutional quantity of 491 billion tokens.
  • A further 2.54% institutional good points occurred through the ultimate buying and selling hour from July 10, 03:56 to 04:55, advancing from $0.00001244 to $0.00001247.
  • A session low of $0.00001238, established round 04:15, signifies what institutional merchants view as sturdy technical assist throughout the $0.00001238-$0.00001240 vary.

SHIB/BTC breakout

The SHIB/BTC pair listed on CoinEx, which represents SHIB’s BTC-denominated value, rose 3.70% Wednesday (UTC), rising out of a triangular consolidation sample recognized by trendlines connecting June 24 and July 3 highs and June 22, June 27 and July 4 lows, in line with knowledge supply TradingView.

SHIB/BTC pair. (TradingView/CoinDesk)

SHIB/BTC pair. (TradingView/CoinDesk)

The breakout follows a protracted year-long downtrend and signifies that the bulls have emerged victorious, having efficiently absorbed provide through the triangular consolidation.

Related articles

Cryptocurrency News Live: Bitcoin, Ethereum, Solana, memecoin prices today; check latest updates

Cryptocurrency News Live: Bitcoin, Ethereum, Solana, memecoin prices today; check latest updates

July 30, 2025
Forget Shiba Inu (SHIB), Ruvi AI (RUVI) Holders Already Eye 83% Gains As Phase 2 Nears …

Forget Shiba Inu (SHIB), Ruvi AI (RUVI) Holders Already Eye 83% Gains As Phase 2 Nears …

July 30, 2025

The pair, due to this fact, may proceed to realize floor within the quick time period, supported by a optimistic MACD histogram, which factors to a strengthening of upward momentum. The swing low from Might 7, represented by the horizontal line on the chart beneath, may supply resistance on the way in which larger.

SHIB/DOGE breaks down

SHIB may underperform DOGE within the coming days, because the Binance-listed SHIB/BTC pair has penetrated a trendline assist, marking the tip of the restoration rally from Might lows.

SHIB/DOGE pair. (TradingView/CoinDesk)

SHIB/DOGE pair. (TradingView/CoinDesk)

Moreover, the Guppy multiple moving average indicator seems poised to cross bearish, indicating a unfavorable shift in momentum. The bear cross happens when the band of short-term exponential shifting averages (EMAs) strikes beneath the long-term EMAs.

The pair must high the June 24 excessive of 0.0000719 to negate the bearish outlook.

(Disclaimer: Components of this text have been generated with the help from AI instruments and reviewed by our editorial staff to make sure accuracy and adherence to our standards. For extra data, see CoinDesk’s full AI Policy.)





Source link

Tags: BitcoinBTCBullDOGEDogecoineyesInuRunShibaWeak
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

Cryptocurrency News Live: Bitcoin, Ethereum, Solana, memecoin prices today; check latest updates

Cryptocurrency News Live: Bitcoin, Ethereum, Solana, memecoin prices today; check latest updates

by cryptonews100_tggfrn
July 30, 2025
0

Here is a abstract of immediately's high cryptocurrency gainers, specializing in their efficiency during the last 24 hours. Omni Community...

Forget Shiba Inu (SHIB), Ruvi AI (RUVI) Holders Already Eye 83% Gains As Phase 2 Nears …

Forget Shiba Inu (SHIB), Ruvi AI (RUVI) Holders Already Eye 83% Gains As Phase 2 Nears …

by cryptonews100_tggfrn
July 30, 2025
0

In the event you're in search of a cryptocurrency with unstoppable momentum, Ruvi AI has all of the indicators of...

Shiba Inu price prediction 2026: Shiba Inu’s big comeback? 3,000% jump could make it the new king of meme coins by 2026

Shiba Inu price prediction 2026: Shiba Inu’s big comeback? 3,000% jump could make it the new king of meme coins by 2026

by cryptonews100_tggfrn
July 29, 2025
0

Shiba Inu price prediction 2026: Memecoin Shiba Inu (CRYPTO: SHIB) is in the highlight once more, and consultants are forecasting...

Shiba Inu Burns 600 Million Tokens in One Day

Shiba Inu Burns 600 Million Tokens in One Day

by cryptonews100_tggfrn
July 29, 2025
0

The Shiba Inu neighborhood simply pulled off an enormous transfer, burning greater than 600 million SHIB tokens in a single...

BlockDAG, Dogecoin, Shiba Inu, & Pepe in Focus

BlockDAG, Dogecoin, Shiba Inu, & Pepe in Focus

by cryptonews100_tggfrn
July 29, 2025
0

Crypto News Crypto markets are choosing up once more, and as retail exercise will increase, some altcoins are shortly capturing...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

Northern District of California | Founder And CEO Of AML Bitcoin Sentenced To Seven Years In Prison For Multi-Million-Dollar Fraud Scheme

July 30, 2025
eToro to Tokenize 100 Most Popular US Stocks on Ethereum

eToro to Tokenize 100 Most Popular US Stocks on Ethereum

July 30, 2025
The “HODLER’s” Path to Fiat Liquidity, Louisa Watt, Tristan Dollie, Iden Asl, Jessica Lee, Tracy Fisher, Ian Weinstein, Neil Foster

The “HODLER’s” Path to Fiat Liquidity, Louisa Watt, Tristan Dollie, Iden Asl, Jessica Lee, Tracy Fisher, Ian Weinstein, Neil Foster

July 30, 2025

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • Litecoin
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (157) Bitcoin (626) BlockDAG (115) BTC (174) bullish (109) Buy (204) Cardano (264) ChainLink (203) crypto (729) Cryptocurrency (262) Detail (103) DOGE (126) Dogecoin (252) ETF (155) ETH (184) Ethereum (372) flash (104) gains (90) hits (98) Inu (194) key (94) launches (108) Link (101) market (205) million (105) News (354) Polkadot (128) POLYGON (131) prediction (116) Presale (101) price (553) rally (143) RWA (127) SHIB (116) Shiba (201) SOL (118) Solana (325) Sui (213) Surge (118) Surges (108) token (106) top (170) TradingView (106) Trump (153) XRP (457)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.