Shiba Armstrong Price Prediction: SHIBA Skyrockets 163% As AI Meme Coin WienerAI Soars Past $2 Million

The Shiba Armstrong worth skyrocketed over 163% within the final 24 hours to commerce at $0.004789 as of 8:00 a.m. EST as buyers rush to purchase the meme coin.

SHIBA’s surge continued within the final couple of hours, with buyers pumping the altcoin’s worth greater than 32% in simply the previous 6 hours.

The Shiba Armstrong Worth Is In A Optimistic Sequence

4-hour chart for SHIBA/USD (Supply: GeckoTerminal)

The Shiba Armstrong worth has been in a optimistic sequence over the previous 12 hours. Throughout this time, it managed to beat each the $0.002601 and the $0.003656 resistance ranges to soar to a excessive of $0.004894. It has since retraced, ensuing within the formation of a brand new resistance at $0.004661.

If SHIBA is rejected by this newly-formed barrier within the coming 8 hours, the Shiba Armstrong worth may appropriate to the fast help at $0.003656. Continued promote stress ought to the crypto fall thus far may then see SHIBA plummet to as little as the aforementioned $0.002601 mark.

A 4-hour candle shut above $0.004646 throughout the subsequent 8 hours may invalidate the bearish thesis. Merchants may then determine SHIBA overcoming this threshold as a protracted entry, because the altcoin can have a transparent path to enter an exploration part to the upside.

Bullish Momentum May Push The Shiba Armstrong Worth Greater

From a technical perspective, SHIBA’s surge has pushed it right into a bullish cycle, which is clear by the Shifting Common Convergence Divergence (MACD) line’s place above the MACD Sign line on the 4-hour chart. 

What’s extra, the MACD line is positively sloped and breaking away above the Sign line. This might recommend that the optimistic momentum is rising stronger.

One indicator that calls for consideration is the Relative Energy Index (RSI) on the 4-hour chart. With the RSI close to 90, bulls appear to be overwhelmingly stronger than bears. 

Nevertheless, a excessive RSI worth is usually seen as an indication {that a} crypto’s draw back potential is larger than its upside potential. Merchants due to this fact determine a excessive RSI worth as a promote sign. 

Some merchants appear to have already decreased their publicity in SHIBA, as prompt by the leveling slope of the RSI line.

The RSI line sloping negatively, mixed with elevated promote quantity, may verify that the Shiba Armstrong worth will bear a correction. This might then result in the crypto’s worth dropping to the recently-breached $0.003656 mark.

However SHIBA shouldn’t be the one meme coin that has caught investor consideration, with the ICO of one other canine-themed meme coin by the identify of WienerAI blasting previous $2 million in funds raised in its ICO earlier at this time.  

A Loyal Crypto Buying and selling Companion

WienerAI is an AI-powered meme coin that seeks to function a complicated and constant companion for crypto merchants. Via a simplified consumer interface, merchants can benefit from WienerAI’s subtle predictive fashions to make extra knowledgeable buying and selling and funding selections.

Along with highly effective AI buying and selling fashions, WienerAI additionally offers buyers entry to its seamless swaps, permitting them to capitalize on each golden alternative that emerges as quickly as they seem. 

WienerAI is greater than a buying and selling bot

It is your AI buying and selling companion!

Extra particulars coming SOON! pic.twitter.com/HG5C0tE6Rk

— WienerAI (@WienerDogAI) May 14, 2024

Token holders throughout the WienerAI ecosystem may even by no means get frontrun by a MEV bot once more, given the MEV safety supplied by the undertaking. All of those options include zero charges as effectively.

Good For The Upcoming Bull Run

There have been plenty of developments within the crypto house this 12 months. Maybe most notable of those developments is the launch of spot Bitcoin ETFs (exchange-traded funds). With the launch of those funding merchandise within the US, many anticipate a tsunami of capital to make its strategy to the web3 house.

Though billions of {dollars} flowed into spot Bitcoin ETFs because the merchandise launched in January, the market has been in a limbo part because it braced for the quadrennial halving occasion.

With mining rewards present process one other slash in current weeks, the demand from spot Bitcoin ETFs and the elevated shortage of BTC is predicted to ship crypto costs hovering exponentially.

Throughout this rally, buyers and merchants will probably flip to tasks like WienerAI and its superior AI to make extra knowledgeable buying and selling selections and to maximise their returns.

Crypto YouTuber ClayBro additionally just lately advised his 128k subscribers that WienerAI’s native token may pump after launch and doubtlessly generate 10X returns for buyers.

What’s extra, there may be additionally a 487% APY being supplied to ICO patrons. Which means buyers received’t have to attend for the anticipated rally to begin rising their crypto.

To amass the undertaking’s native token at this early stage and take part in its profitable staking program, buyers should buy WienerAI on its official web site.

Buy and stake WienerAI right here for as much as 487% in annual staking rewards.

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