The bulls are dominating SHIB market
SHIBUSD Price Analysis – September 10
Further increase in the buyers’ momentum may break up $0.000013, $0.000014 resistance levels and the resistance level of $0.000015 may be tested. In case the sellers defend the resistance level of $0.000013, SHIB may reverse and penetrate $0.000012 downside, $0.000011 and $0.000010 may be reached.
Resistance levels: $0.000013, $0.000014, $0.000015
Support levels: $0.000012, $0.000011, $0.000010
SHIBUSD Long-term Trend: Bullish
On the daily chart, SHIBUSD is on the bullish movement. Since August 27, the crypto has being on a ranging mode. The scenario started when the sellers pushed the coin to the support level at $0.000012. The sellers’ momentum became weak and could not break down the level. The buyers’ pressure could not push the price above the resistance level of $0.00013. This is what led to ranging of the price within $0.000013 and $0.000012 levels.
The fast Moving Average (9 periods EMA) is trying to cross the slow Moving Average (21 periods EMA) upside. The price is trading above the two EMAs as a sign of bullish movement. Further increase in the buyers’ momentum may break up $0.000013, $0.000014 resistance levels and the resistance level of $0.000015 may be tested. In case the sellers defend the resistance level of $0.000013, price may reverse and penetrate $0.000012 downside, $0.000011 and $0.000010 may be reached. However, the relative strength index period 14 is at 54 levels pointing upside to indicate buy signal.
Your capital is at risk
SHIBUSD medium-term Trend: Bullish, The sky Is the Beginning for TAMA
SHIBUSD is bullish in the 4-hour chart. The coin falls from the resistance level of $0.000017 to the support level of $0.000012. It consolidates for few days before buyers gained enough pressure which break up the $0.000013. The price is increasing towards the resistance level of $0.000013.
The coin is trading above the 21 periods EMA and 9 periods EMA. The two EMAs are separated from each other which indicates a bullish momentum in Shiba Inu market. The relative strength index period 14 is at 64 levels and the signal lines is exhibiting buy signal.
Tamadoge is building its very own Tamaverse. The fun doesn’t stop there though. Tamadoge is planning to build its very own metaverse games world – the Tamaverse – where you can interact with your pet in an augmented reality environment. The app will be available next year. Before then, the leaderboards will be launched later this year in which the Pets will be accessible in a 2D web environment. Each pet NFT will have an associated 3D avatar rigged up for the Tamaverse. Unlike most other meme coins, Tamadoge actually has utility value and is not just a cute image, although the interface we have seen so far suggests that it is that too. Tamadoge is shaping up to be more than a match of competitors such Aavegotchi and Shiba Inu. Rewards are paid from the transaction fees generated in the Tamadoge Pet Store.
Tamadoge – Play to Earn Meme Coin
- Earn TAMA in Battles With Doge Pets
- Capped Supply of 2 Bn, Token Burn
- NFT-Based Metaverse Game
- Presale Live Now – tamadoge.io
Join Our Telegram channel to stay up to date on breaking news coverage