Shiba Inu (SHIB) still does not fall from the agenda among the breast coins. Especially after the recent decreases in the crypto market, the whale interest in Shıb has reached its peak again. This development said, “Is it time to buy now for Shib?” brings the question to mind. The data points to very striking details. As Kriptokoin.com, we transfer the details.
Shiba Inu Whales Woke up! Entrances increased 2.025 %
According to the latest data provided by the On-Chain Analysis Platform Intothheblock, Shıb experienced a gigantic increase of 2.025 %of the wallets of the major investors. This shows that whales are seriously oriented to Shıb. Generally, whales make quietly purchasing when significant decreases in the market. This may indicate that the bottom levels are seen for SHIB.
In addition, serious Shıb outputs were observed from the stock exchanges. In other words, investors carry SHIB assets from hot wallets to cold wallets. This reveals that a long -term tendency to keep a long -term tendency instead of short -term transactions. All these developments open the doors of a possible price jump for Shıb.
The price rose, the volume has fallen: why?
Shıb reached $ 0.00001288 with an increase of 2.5 %in the last 24 hours. However, in the same period, the transaction volume decreased by 22 %. This shows that especially small investors have been waiting due to uncertainty in the market.
High volatility makes it difficult to determine a clear direction in the market. However, the fact that large players start to take positions gives strong signals that the direction can change upwards.
What does technical data say?
Technical Analysis Experts, Shıb’in January 2025 since the continued to break the falling trend line, he says. This break suggests that the fall trend may end. In addition, SHIB is currently at a significant support point at $ 0.000012.
If this support is maintained, it is likely that SHIB will exceed $ 0.0000132. If this resistance is broken, the price increased by 50 %in a short time to reach $ 0.0000203. This has turned the eye of investors to this critical level.
According to EMA data, Shiba Inu is in a decline, but there is hope
In daily and four -hour graphics, SHIB is still under the 200 EMA. This technically points out that the downward trend continues. However, the upward pressure of the price can reverse this trend.
The aggressive purchases of whales and the strong stance of the support level may be the beginning of the rise. If the resistance points are broken in the coming days, a completely different picture may be formed for Shıb.
