Shiba Inu burn rate spikes 6,223%: Can SHIB break resistance for a rally now?

Quick Summary:

SHIB is primed for a rally as technical and on-chain signals align favorably.

The pressing question is whether SHIB can break through and sustain its upward momentum.

The broader market sentiment toward Shiba Inu remains bullish, as evidenced by a 4.85% increase in open interest, now totaling $101.71 million.

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Article Details

Author / Journalist: Erastus Chami

Category: Crypto

Markets: United States

Topics: Social Trading View Shiba Inu News Memecoins Ambcrypto News 1 Altcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 18:30:40 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 582 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23703565

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 30 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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