“Shib ExperienCed A 3.5% Decline Amid Broader Crypto Market Losses and US Stock Market Weakness.”, – WRITE: www.coindesk.com
Shib Fell Over 3.5% to 0.00001134, The Level Last Seen on April 9, accounting to Data Source Coindesk. Bitcoin, The Leading Cryptocurrency by Market Value, Slipped Nearly 3% to $ 103.800. The Risk Aversion Happened After President Donald Trump DownPlayed Reports of His Administration Seneking Truce with Iran and Threated Assassination Unconditional surrender in the Ongoing War with Israel.
Shib’s Decline Follows Reject at the $ 0.00001230 Resistance Level Monday, Which Paved for the Sell-Off With Exceptionally High Trading Volumes Exceeding 1.2 Billion Tokens.
Support Had Briefly Emerged AT AROUND $ 0.00001167 Early Today, But Was Eventually Pierced by Bears, Driving Prices Lower.
Market Analysts Note that Shib’s Performance Reflects Broader Cryptocurrency Market Trends, Whosh Continue to Be InfluenCed by Global Economic Factors and Trade Disposites
As Traditional Financial Markets Respond to these Tensions, Cryptocurrencies Like SHIB FACE INCREASED VALILATY WHILE Traders Closely Monitor Key Support and Resistance LEVPORT Movement.
Key Ai Insights (Monday-Tuesday)
- Clear Reject at the $ 0.0000123 Resistance Level Durying The 20: 00-21: 00 TimeFrame.
- Aggressive Sell-Off With Exceptionally High Volume (1.23b and 1.31b) Durying The 22: 00-00: 00 Period.
- Support Emerged AROUND $ 0.00001167, Coinciding with High-Volume Buying Interest.
- Bearish Momentum Appears to be Lozing Steam as Price Consolidates in the $ 0.00001176- $ 0.00001182 Range.
- DecreASING SELLING PRESSURE EVIDENT IN THE DIMINING VOLUME PROFILE.
- Increasted volatility in the Last Hour, Forming A Notable Price Structure Between $ 0.00001175- $ 0.00001182.
- Recovery Attempt Reached A Local High of $ 0.00001182 At 13:30, ACCOMPANIED By Substantial Volume (8.8b).
- Bullish Momentum Was Short-Lived As Selers Returned at 13:44, Driving Price Down 3% with Exceptional Volume (9.7b).
- Final Minutes Show Consolidation AUND $ 0.00001175, with DecreASING VALATITY AND VOLUME Suggesting Exhaustion of Selling Pressure.
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