19 Trillion Shiba Inu Forms Most Important Resistance to Watch ..... What's Next? 🐕
🚨 Breaking News
Shiba Inu's uptrend faces a significant roadblock! Crypto analytics provider IntoTheBlock (ITB) reveals key insights:
📊 Break-even Point SHIB’s average price is $0.000025, with 72.96 trillion SHIB at this level.
⚠️ Major Resistance
The critical price range of $0.00003 - $0.000036 holds 19.44 trillion SHIB across 140.13K addresses.
💡 Key Observations
- **5.13%** of addresses (68,620) are at the break-even level.
- **61.82%** of addresses (827,480) are "In the Money."
🔑 Implications
If those 140K addresses start selling, SHIB might face a downward pressure. However, with the broader crypto market’s bullish momentum, particularly from the potential Ethereum ETF approval, SHIB could bounce back strongly!
🌐 Market Standing
- **Market Cap**: $15.09 billion
- **Current Price**: $0.00002557
- **Rank**: 12th largest crypto asset
🚀 Future Outlook
SHIB remains one of the most ambitious altcoins. Despite this bump, its community and innovative pivots keep it a strong contender in the crypto space.
👉 Stay tuned for more updates and let us know your thoughts on SHIB’s next move!
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