NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days

Shiba Inu Breaks Through Crucial Resistance Point With 10% Climb

Christian Encila
Christian Encila
2 years ago
3 mins read
Shiba Inu

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Shiba Inu (SHIB) has recently experienced a significant breakthrough in its price movement. With a 10% rally, SHIB managed to surpass a crucial resistance point that had been hindering its upward momentum. This achievement has sparked excitement among SHIB investors and the wider cryptocurrency community.

After a period of consolidation, Shiba Inu broke through the resistance threshold at $0.000007, marking a crucial milestone for the cryptocurrency. This resistance level had been a major barrier for SHIB’s upward movement in recent weeks. However, with its recent 10% rally, Shiba Inu demonstrated its ability to overcome obstacles and regain bullish momentum.

SHIB’s Positive Price Performance

Shiba Inu’s rally can be attributed to its positive price performance over the past 24 hours and the last seven days. According to CoinMarketCap, SHIB’s price currently stands at $0.00000735. Within the last 24 hours, SHIB witnessed a notable 2.78% increase, contributing to its overall upward trend.

Related Reading

PEPE

PEPE Jumps Nearly 10% In 24 Hours, Sparking Speculation Of A New Rally

1 year ago

At the time of writing, SHIB data showed that the coin experienced an impressive climb of 10% in the last week, indicating sustained positive sentiment and growing interest among investors. The chart below shows the meme coin maintaining its foothold in the green zone in the last 24 hours.

SHIB price movement in the last 24-hours. Source: CoinMarketCap

The breakthrough of the resistance point holds several implications for Shiba Inu investors. Firstly, it instills confidence in the market, suggesting that SHIB has the potential to continue its upward trajectory. Breaking through this resistance level may attract more buyers and investors who were previously hesitant due to the barrier it presented.

The rally signifies increased trading activity and liquidity for SHIB. As more investors enter the market, the trading volume for Shiba Inu is likely to surge, leading to improved market depth and reduced volatility. This can be beneficial for both short-term traders looking for price fluctuations and long-term holders seeking stability.

SHIB market cap currently at $4.4 billion. Chart: TradingView.com

Moreover, the successful breach of the resistance level could be seen as a bullish signal by technical analysts. It may attract attention from traders who utilize technical analysis methods to identify trends and patterns in the market. This increased attention can further contribute to SHIB’s positive price performance and potentially propel it towards new price highs.

Related Reading

ApeCoin

ApeCoin Q2 Slump Continues: Is There A Silver Lining Ahead?

2 years ago

Meanwhile, Shiba Inu took the No. 1 spot in the wake of its solid price surge based on crypto social and market activity. According to 1-day data on June 18, SHIB’s social volume jumped to 13,100 and the total number of social engagements reached 193,858,991.

Shiba Inu performing strong in the social and market activity department. Source: LunarCrush

Looking Ahead

As Shiba Inu continues to break through crucial resistance points and demonstrate its ability to rally, the future looks promising for the meme-inspired cryptocurrency. 

This achievement has sparked optimism among SHIB investors and the wider cryptocurrency community, attracting more attention to the meme-inspired coin.

With sustained positive price performance and increased trading activity, Shiba Inu continues to make its mark in the crypto space, captivating the imagination of investors and enthusiasts alike.

(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).

Featured image from iStock

Tweet123Share196ShareSend
Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Graphique explicatif : comment Grayscale intègre le staking à ses ETF spot sur Ethereum et Solana

Staking dans des ETF spot : l’initiative de Grayscale sur ETH/SOL est-elle pérenne ?

Grayscale vient de bousculer la donne : du staking dans des ETF spot sur Ethereum et Solana. Concrètement, les investisseurs...

guillaumev 3 hours ago
Top meme coins

Top meme coins – Cum arată scena crypto în octombrie 2025?

Piața crypto traversează o nouă etapă de efervescență. Bitcoin a depășit pragul de 126.000 de dolari în primele ore ale zilei, marcând un...

antonio 4 hours ago
Best Altcoins to Buy as XRP Liquidations Scare Traders

Top Altcoins to Watch as XRP Liquidations Shake the Market

A sudden 4,455% spike in $XRP’s hourly liquidation imbalance just wiped out $8.14M in bullish bets, and the market’s feeling...

Aaron Walker 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Analyse visuelle : Wall Street se positionne sur Solana, throughput et usages en plein essor

Actualité Solana : la blockchain qui séduit Wall Street et fait trembler Ethereum

guillaumev 1 hour ago
Bitcoin

Can The Bitcoin Price Explode To $200,000? The Gold Chart That Tells It All

Scott Matherson 2 hours ago
Infographie : ATH de Bitcoin et or à 4 000 $, points clés de la nuit du 6–7 octobre 2025

Bitcoin explose son ATH, l’or s’envole à 4 000 $ : Résumé de la nuit du 6 au 7 octobre 2025

guillaumev 3 hours ago

Premium Sponsors

Press Releases

  • Следващата криптовалута, която може да избухне: Snorter може да превърне 500 USD в 250 000 USD, докато CIO-то на Bitwise подкрепя Solana

    Следващата криптовалута, която...

    2 hours ago
  • Защо Snorter привлича толкова голям интерес?

    Următoarea criptomonedă care ar putea exploda: Snorter ar...

    3 hours ago
  • Ďalšia kryptomena, ktorá môže vystreliť: DeepSnitch AI môže zmeniť 500 USD na 250 000 USD, zatiaľ čo Token 6900 a Solaxy posilňujú svoju pozíciu

    Ďalšia kryptomena, ktorá môže vystreliť: DeepSnitch...

    4 hours ago
  • A következő kriptovaluta, ami berobbanhat: a DeepSnitch AI 200 000 Ft-ot 100 000 000 Ft-ra változtathat, miközben a Token 6900 és a Solaxy erősítik pozíciójukat

    A következő kriptovaluta, ami berobbanhat: a DeepSnitch...

    4 hours ago
  • Następna kryptowaluta, która może wystrzelić: DeepSnitch AI może zamienić 2 000 zł w 1 000 000 zł, a Token 6900 i Solaxy umacniają swoją pozycję na rynku

    Następna kryptowaluta, która może wystrzelić...

    4 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.