Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Shiba Inu Price Jump By 15% – More 60% Rally To Come
By: cryptosheadlines|2025/05/10 06:30:09
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Shiba Inu (SHIB), the internet’s favorite dog-themed coin, is making headlines once again. Over the past 24 hours, SHIB has jumped by more than 15%, catching the attention of traders across the market. While Bitcoin and other altcoins are also on the rise, SHIB’s strong move is pushing it 60% price rally.SHIB Forms Bullish Cup & HandleCurrently, Shiba Inu price is trading around $0.0000152, reflecting a jump of more than 15% in the last 24 hours. Meanwhile, a Psydunuemus Crypto analyst sees SHIB forming a Cup & Handle Pattern seen in the weekly chart, a bullish chart setup often seen before major breakouts. So far, SHIB has successfully bounced from its key support zone around $0.00001148, which has acted as a strong foundation for this bullish structure. Now, the price is approaching the top of the “cup” near $0.00001500, a key area to watch for a breakout.The analyst pointed out that SHIB could reach $0.00002215 soon, and if that happens, it would mean a 60% jump from where it is now.Meanwhile, if the rally picks up speed, it might climb to $0.00002724 within a month. And if the bullish trend continues over time, it could even go as high as $0.00003298 in the long run.Short Sellers Take a HitWhile SHIB moves up, traders betting against it are feeling the pressure. In just one day, nearly $2.2 million worth of shib were liquidated, while the largest losses came from short sellers who faced $1.8 million in liquidation. That means many traders who thought SHIB would fall have been forced to close their positions at a loss.Interestingly, Open interest, or the number of active contracts in SHIB, has also jumped over 25%, showing growing interest and confidence among bullish traders. But if SHIB buyers stay strong, the meme coin could smash through this barrier.Source link
You may also like
Bearish Traders Continue to Short Bitcoin | Rewire News Morning Update
Binance Perpetual Contract Funding Rate has been negative for 46 consecutive days, with open interest rising accordingly
Is Nasdaq About to Reach a New High, Is the Bull Market Back?
Almost all assets are up
Goldman Sachs Applies for Bitcoin ETF, Wall Street's Final Bastion Falls
Wall Street has no faith, only a ledger. When the number on the ledger is large enough, any faith will change.
Only Working 2 Hours a Day? This Google Engineer Got His Job Done Using Claude for 80% of It
One File, Three Commands, AI Will Not Replace Programmers, But Will Eliminate Those Who Cannot Set Up a System
Interpreting Stanford's 423-page AI Report: US-China Gap Narrows to 2.7%, Tsinghua's DeepSeek Enters Global Top Ten
This comprehensive 423-page annual report unveils the latest power map of the global AI industry.
YouTube will become the next new type of bank
YouTube will become the next new type of bank. Not because YouTube will apply for a banking license, but because wherever the money comes from, financial services should be there.
How to Reshape On-Chain Transaction Logic? Exploring the Rise of Stablecoin Execution Layers
UXUY is redefining on-chain transaction logic by using a stablecoin-driven execution network to simplify complex cross-chain operations into a "one-click result," allowing users to complete full-chain transactions without worrying about paths, gas, or chains, only needing to decide the destination o...
Why AI Memecoins are Failing the Reality Test
From 90,000% gains to a 98% crash—discover why the AI Meme bubble is bursting and what the shift to "AI Utility" means for your portfolio.
Morning News | Kraken receives $200 million investment from Deutsche Börse; Goldman Sachs submits application for Bitcoin Premium Income ETF; Walsh discloses his cryptocurrency holdings
Overview of Important Market Events on April 14
Hong Kong licensing, stablecoin landscape changes: Who is reshaping the next generation of the financial landscape?
Take the lead in exploring a more institutionalized, verifiable, and implementable development path for non-U.S. dollar stablecoins.
IOSG: TAO is like the Elon Musk who invested in OpenAI, Subnet is like Sam Altman
The DAO's Game is Risky, Success Depends Entirely on User Ecosystem Stickiness
Stablecoin License Battle Concludes: Anxiety-Ridden Hong Kong, Will Not Wait for the Next Tether
Hong Kong is trying too hard to prove itself.
You can grasp a new field in half an hour, how to quickly establish a cognitive framework using AI?
Teaching you to Quickly Understand a New Field with AI-Assisted Horizontal and Vertical Analysis
Franklin Templeton's latest research: How to understand RWA tokenization
From the initial foray of emerging platforms to the full entry of traditional financial giants, tokenization has broken down traditional trading barriers. Through models such as digital-native and synthetic assets, capital has gained unprecedented liquidity and transparency.
Espanyol vs FC Barcelona: A Derby Fought with Fire and Quality
The Espanyol vs FC Barcelona derby delivered high-intensity football as Barca won 4-1, moving nine points clear at the top of LALIGA. Lamine Yamal's masterclass, Ferran Torres' brace, and a passionate city rivalry on full display. WEEX, Official Regional Partner of LALIGA in Hong Kong and Taiwan celebrates the beautiful game.
DeAgentAI announced the establishment of the AIA Ecological Fund, focusing on the "AI Agent + Physical AI" track
DeAgentAI has officially established the AIA Ecological Fund, focusing on the new track of "AI Agent + Physical AI," with the first investments in the AliceAI prediction system and ASIC computing power chips.
Why is Crypto Up? Altcoins Lead Due to US Grand Deal
Key Takeaways: The “US Grand Deal” has beefed up crypto’s appeal, impacting assets like Ethereum and Solana. Altcoins,…
Polkadot Hyperbridge Breach Mints Over 1 Billion DOT Tokens
Key Takeaways: Over 1 billion fake DOT tokens were minted due to a vulnerability in Hyperbridge’s Ethereum gateway.…
Bearish Traders Continue to Short Bitcoin | Rewire News Morning Update
Binance Perpetual Contract Funding Rate has been negative for 46 consecutive days, with open interest rising accordingly
Is Nasdaq About to Reach a New High, Is the Bull Market Back?
Almost all assets are up
Goldman Sachs Applies for Bitcoin ETF, Wall Street's Final Bastion Falls
Wall Street has no faith, only a ledger. When the number on the ledger is large enough, any faith will change.
Only Working 2 Hours a Day? This Google Engineer Got His Job Done Using Claude for 80% of It
One File, Three Commands, AI Will Not Replace Programmers, But Will Eliminate Those Who Cannot Set Up a System
Interpreting Stanford's 423-page AI Report: US-China Gap Narrows to 2.7%, Tsinghua's DeepSeek Enters Global Top Ten
This comprehensive 423-page annual report unveils the latest power map of the global AI industry.
YouTube will become the next new type of bank
YouTube will become the next new type of bank. Not because YouTube will apply for a banking license, but because wherever the money comes from, financial services should be there.
App