Key metric may hinder Shiba Inu's potential for a rally

Shiba Inu (SHIB) is down 0.1% on Wednesday following loss of a key accumulation zone.

Nearly 73% of

on-chain metrics suggest it's still in buy zone According to data from IntoTheBlock, nearly 73% of Global In/Out of the Money This is evidenced in Santiment's data, which shows a spike in the movement of has declined to -0.7, and its 30-day Market Value to Realized Value Ratio is at -11.9%, indicating all

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

Cryptocurrencies Technical Analysis

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shiba Inu (SHIB) Is Ready for Bullish August, SHIB Price History ConfirmsGet ready for SHIB pump as Shiba Inu's history hints at bullish August ahead
Read more »

1.53 Trillion SHIB in 24 Hours: Shiba Inu (SHIB) Doesn't CareShiba Inu's on-chain background doesn't look bullish
Read more »

Key Shiba Inu Metrics Skyrocket Today: SHIB Price Rally Incoming?Crypto Blog
Read more »

Shiba Inu (SHIB) Spikes 240% in Key Stat as Whale Activity UnveiledShiba Inu (SHIB) sees jaw-dropping 240% surge in whale transactions as big players make moves
Read more »

SHIB Community Alert: Key Message From Shiba Inu TeamShiba Inu team member drops key message for SHIB community as anticipation grows
Read more »

SHIB Community Alert: Key Message From Shiba Inu TeamShiba Inu team member drops key message for SHIB community as anticipation grows
Read more »