Shiba Inu (SHIB) Gains Momentum: Whale Activity and Technical Breakout Signal Bullish Outlook
The post Shiba Inu (SHIB) Gains Momentum: Whale Activity and Technical Breakout Signal Bullish Outlook appeared on BitcoinEthereumNews.com. Joerg Hiller Jul 12, 2025 07:41 Shiba Inu (SHIB) shows signs of a major bullish breakout with whale activity surging and technical indicators turning positive. However, risks like centralization and exchange delistings add uncert… 1. Executive Summary Shiba Inu (SHIB) has captured the spotlight this week with a mix of bullish technical signals and increased whale activity. Following a technical breakout above resistance at $0.00001280 and a surge in large transactions, SHIB appears poised for further gains. However, concerns over centralization, exchange delistings, and security vulnerabilities in its layer-2 platform, Shibarium, temper the optimism. This article analyzes recent developments, technical indicators, and potential future price movements for SHIB. 2. Recent Market Developments Whale Accumulation and Breakout (July 11-12, 2025):Whale wallets accumulated over 700 billion SHIB in just 48 hours, driving a fivefold increase in transaction volume to 5.43 trillion SHIB. This surge coincided with a bullish “golden cross” pattern, where the 50-day moving average crossed above the 200-day moving average. As a result, SHIB broke above its $0.00001280 resistance level, increasing its price by 2.65% in 24 hours. AI Predicts Major Upside (July 11, 2025):China’s DeepSeek AI forecasted an 8x price increase for SHIB by year-end, citing its breakout from a descending wedge and bullish flag. Immediate resistance at $0.000022 could pave the way for a rally to $0.00003 in the coming months. Metaverse Upgrade (July 4, 2025):The SHIB Metaverse received significant performance upgrades, reducing GPU memory usage by up to 25%. This is expected to enhance user experience and attract more participants to the ecosystem, boosting SHIB’s utility. Negative Developments:– Whale Sell-Off (July 10, 2025): A 12% price drop occurred as whales sold trillions of SHIB, highlighting the volatility of whale-driven markets.– Centralization Concerns (July 5, 2025): Data revealed that the…
The post Shiba Inu (SHIB) Gains Momentum: Whale Activity and Technical Breakout Signal Bullish Outlook appeared on BitcoinEthereumNews.com.
Joerg Hiller Jul 12, 2025 07:41 Shiba Inu (SHIB) shows signs of a major bullish breakout with whale activity surging and technical indicators turning positive. However, risks like centralization and exchange delistings add uncert… 1. Executive Summary Shiba Inu (SHIB) has captured the spotlight this week with a mix of bullish technical signals and increased whale activity. Following a technical breakout above resistance at $0.00001280 and a surge in large transactions, SHIB appears poised for further gains. However, concerns over centralization, exchange delistings, and security vulnerabilities in its layer-2 platform, Shibarium, temper the optimism. This article analyzes recent developments, technical indicators, and potential future price movements for SHIB. 2. Recent Market Developments Whale Accumulation and Breakout (July 11-12, 2025):Whale wallets accumulated over 700 billion SHIB in just 48 hours, driving a fivefold increase in transaction volume to 5.43 trillion SHIB. This surge coincided with a bullish “golden cross” pattern, where the 50-day moving average crossed above the 200-day moving average. As a result, SHIB broke above its $0.00001280 resistance level, increasing its price by 2.65% in 24 hours. AI Predicts Major Upside (July 11, 2025):China’s DeepSeek AI forecasted an 8x price increase for SHIB by year-end, citing its breakout from a descending wedge and bullish flag. Immediate resistance at $0.000022 could pave the way for a rally to $0.00003 in the coming months. Metaverse Upgrade (July 4, 2025):The SHIB Metaverse received significant performance upgrades, reducing GPU memory usage by up to 25%. This is expected to enhance user experience and attract more participants to the ecosystem, boosting SHIB’s utility. Negative Developments:– Whale Sell-Off (July 10, 2025): A 12% price drop occurred as whales sold trillions of SHIB, highlighting the volatility of whale-driven markets.– Centralization Concerns (July 5, 2025): Data revealed that the…
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