Shiba Inu (Shib) The whales have intensified their sales while the recovery of cryptocurrency prices seek to bring together steam alongside an increase in the activity of the long-term market. The path of the slightest resistance always seems to be on the upper side.
SHIB, the second largest Jeme in the world by market value, was negotiated above the Fibonacci retirement of 23.6% of the sale of May-June to the editorial staff, up more than 1% on a 24-hour basis, according to Coindesk data.
RSI Haussier
Prices have earned more than 5% in one week alongside the bullish signals of key indicators such as the relative force index of 14 days. The oscillator of Élan crossed the Haussier territory greater than 50 for the first time since May 23.
According to data, according to data followed by Coindesk’s IA Research, is the average of bulls.
Open interest increases as whales sell
Meanwhile, the interest opened in perpetual term contracts listed on Binance has exceeded the mark of 7 million priests for the first time since May 23, according to the Velo data source. The recovery, accompanied by positive financing rates, suggests increased participation of investors for bets on the pursuit of price gains.
The ascent, however, could be called into question by the whales and the initiates moving billions of parts of parts to exchanges, with ten wallets controlling more than half of the total token supply.
AI key badges
- The support zone at 0.0000001172 to 0.0000001175 attracts high volume purchase interest.
- Resistor at 0.00000011196 Upsy caps moves with coherent inversions.
- The volume exceeds 307.5 billion tokens on average per day during the recovery phase.
- Intraday High 0.00001195 represents 1% gain in the open session.
- 7.25 billion token chips The peak of resistance resistance brands during the attempted rupture.
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