• Shiba Inu (SHIB) has recently reached a critical support level which could determine its future trend.
• Tradecurve (TCRV) is a hybrid exchange platform offering convenience and anonymity to users.
• If the SHIB price breaks down, it could invalidate the year-long structure and signal a bearish trend.
This article discusses the current status of Shiba Inu (SHIB), a meme-inspired cryptocurrency, and the benefits of investing in Tradecurve (TCRV). It examines whether the support line of SHIB’s long-term pattern will hold or break in favor of bullish trend.
Shiba Inu Price Analysis
The SHIB token has dropped by 0.12% over the past 24 hours and is trading 2.91% below its 7-day all-time high price of $0.00000892 and 2.12% over its 7-day all-time low of $0.00000848, with the RSI currently at 45 and declining. A breakout from the descending channel is expected to trigger an upward price movement towards the resistance line of the long-term triangle, with an average price target of $0.0000130; whereas if bounced at this support level would propel towards the resistance line of the triangle pattern. However, should SHIB break down, it will invalidate the year-long structure signaling a bearish trend with a potential drop to $0.0000057 support area .
Tradecurve Offers Bullish Forecasts and Stable Returns
Tradecurve (TCRV) offers unprecedented convenience within crypto market by combining centralized and decentralized trading platforms, eliminating KYC requirements for users to trade anonymously with just an email account and crypto wallet – thus revolutionizing trading landscape as a groundbreaking hybrid exchange platform allowing users to seamlessly trade diverse assets such as stocks, cryptocurrencies, commodities and forex under one roof .
Benefits for Investors
Shiba Inu offers investors potential returns up to 50x during presale only whereas Tradecurve provides more sustainable long term returns along with innovative features which allow traders to easily access different asset classes in one place without losing anonymity or going through tedious KYC requirements .
Overall , Shiba Inu’s success depends on whether its support line holds or breaks however investors can benefit from Tradecurve’s innovation , convenience & stable returns regardless .