{"id":124510,"date":"2024-11-11T07:07:45","date_gmt":"2024-11-11T00:07:45","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=124510"},"modified":"2024-11-11T07:07:45","modified_gmt":"2024-11-11T00:07:45","slug":"shiba-inu-makes-big-moves-what-can-spark-a-major-price-shift","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=124510","title":{"rendered":"Shiba Inu makes big moves &#8211; What can spark a major price shift"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<div class=\"single-post-author\">\n<div class=\"single-post-author-top\">\n<p>\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" alt=\"Avatar\" class=\"avatar pp-user-avatar avatar-48 photo \" height=\"48\" width=\"48\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/06\/IMG_20221216_232515-scaled-e1687171787353-80x80.jpg.webp\"\/><img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" alt=\"Avatar\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/06\/IMG_20221216_232515-scaled-e1687171787353-80x80.jpg.webp\" class=\"avatar pp-user-avatar avatar-48 photo \" height=\"48\" width=\"48\"\/><\/p>\n<p>Journalist<\/p>\n<\/p><\/div>\n<p>\t\t\t\t\t\t\t\t\t\t<span class=\"mvp-post-date updated\">Posted: <time class=\"post-date updated\" itemprop=\"datePublished\" datetime=\"2024-11-11\">November 11, 2024<\/time><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t<meta itemprop=\"dateModified\" content=\"2024-11-10 4:14 pm\"\/><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<ul>\n<li><em><span style=\"font-weight: 400;\">Large SHIB transaction volume spiked to its highest in weeks.<\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400;\">The SHIB price has continued to rise since the spike.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/ambcrypto.com\/category\/shiba-inu-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Shiba Inu [SHIB]<\/a> has witnessed an increase in large transactions, with a notable rise in transaction volumes. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This trend has drawn attention to how SHIB\u2019s price might respond to these movements, as high transaction volumes can signal increased market interest or significant trades by whales.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Analyzing this surge in activity alongside SHIB\u2019s recent price performance may offer insights into potential price directions.<\/span><\/p>\n<h2><b>Shiba Inu sees large transactions surge<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">According to the chart from <a href=\"https:\/\/app.intotheblock.com\/coin\/SHIB\/deep-dive?group=all&amp;chart=all\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">IntoTheBlock<\/a>, large transactions in <a href=\"https:\/\/ambcrypto.com\/despite-53-mln-shiba-inu-burn-why-shibs-breakout-depends-on-doge\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Shiba Inu<\/a> began to surge in late September. It continued intermittently into November, with some noticeable peaks in early October and early November.\u00a0<\/span><\/p>\n<div id=\"attachment_441361\" style=\"width: 1210px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ITB_shib_large_transactions_volume_ethereum_2024-11-09T22_41_19.370Z.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-441361\" class=\"size-full wp-image-441361\" alt=\"Shiba Inu transaction volume\" width=\"1200\" height=\"800\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ITB_shib_large_transactions_volume_ethereum_2024-11-09T22_41_19.370Z.png 1200w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ITB_shib_large_transactions_volume_ethereum_2024-11-09T22_41_19.370Z-300x200.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ITB_shib_large_transactions_volume_ethereum_2024-11-09T22_41_19.370Z-1024x683.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ITB_shib_large_transactions_volume_ethereum_2024-11-09T22_41_19.370Z-768x512.png 768w\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ITB_shib_large_transactions_volume_ethereum_2024-11-09T22_41_19.370Z.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-441361\" class=\"size-full wp-image-441361\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ITB_shib_large_transactions_volume_ethereum_2024-11-09T22_41_19.370Z.png\" alt=\"Shiba Inu transaction volume\" width=\"1200\" height=\"800\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ITB_shib_large_transactions_volume_ethereum_2024-11-09T22_41_19.370Z.png 1200w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ITB_shib_large_transactions_volume_ethereum_2024-11-09T22_41_19.370Z-300x200.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ITB_shib_large_transactions_volume_ethereum_2024-11-09T22_41_19.370Z-1024x683.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/ITB_shib_large_transactions_volume_ethereum_2024-11-09T22_41_19.370Z-768x512.png 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\"\/><\/a><\/p>\n<p id=\"caption-attachment-441361\" class=\"wp-caption-text\">Source: IntoTheBlock<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">Transaction volume reached high levels around the beginning of November, indicating substantial market activity. By the 8th of November, the large transaction volume had hit 6.47 trillion SHIB. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This gradual upward movement suggests that these large transactions contributed to the recent price appreciation.<\/span><\/p>\n<h2><b>Price trend after large volume spike<\/b><\/h2>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/ambcrypto.com\/shiba-inu-price-prediction-why-a-40-hike-could-be-closer-than-you-think\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Shiba Inu\u2019s<\/a> price has been on an upward trajectory since it broke past the $0.000018 level. The recent rally saw the price climbing above $0.00002221, marking an 8.24% increase in the past day.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Analysis showed that the price trend was negative on the 8th of November when its large transaction volume crossed 6 trillion. However, consecutive days after, the price has remained positive.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The 50-day moving average crossed above the 200-day moving average in early October, signaling potential bullish momentum. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notably, SHIB maintained support above the $0.0000178 level, where it consolidated before making a push past $0.000022.<\/span><\/p>\n<div id=\"attachment_441362\" style=\"width: 1803px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-441362\" class=\"size-full wp-image-441362\" alt=\"Shiba Inu price trend\" width=\"1793\" height=\"740\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59.png 1793w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59-300x124.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59-1024x423.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59-768x317.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59-1536x634.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59-1200x495.png 1200w\" data-lazy-sizes=\"(max-width: 1793px) 100vw, 1793px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-441362\" class=\"size-full wp-image-441362\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59.png\" alt=\"Shiba Inu price trend\" width=\"1793\" height=\"740\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59.png 1793w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59-300x124.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59-1024x423.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59-768x317.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59-1536x634.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/SHIBUSD_2024-11-10_07-04-59-1200x495.png 1200w\" sizes=\"auto, (max-width: 1793px) 100vw, 1793px\"\/><\/a><\/p>\n<p id=\"caption-attachment-441362\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">At 72.22 at press time, the RSI indicates that SHIB might be entering the overbought territory, suggesting caution for traders. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bullish momentum continues, SHIB could test the next resistance levels around $0.000023 and $0.000025. Conversely, a retracement might see support at $0.000018, where prior consolidation occurred.<\/span><\/p>\n<h2><b>Potential implications of large transaction volume<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The increase in large transactions may indicate a growing interest from high-volume traders. It could also mean whales accumulating Shiba Inu, which could signify confidence in SHIB\u2019s long-term potential.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, such activity can also lead to heightened volatility, as significant holders may influence price directions. <\/span><\/p>\n<hr\/>\n<p style=\"text-align: center;\">Is your portfolio green? Check out the <a href=\"https:\/\/ambcrypto.com\/calculator\/profit\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">SHIB Profit Calculator<\/a><\/p>\n<hr\/>\n<p><span style=\"font-weight: 400;\">As SHIB approaches critical resistance levels, the high transaction volume could fuel either a breakout or a potential correction, depending on whether large holders decide to buy or sell at these levels.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Shiba Inu\u2019s price trend and increased large transactions suggest a mix of bullish potential and caution. Monitoring transaction volumes and RSI levels could further guide SHIB\u2019s short-term outlook.<\/span><\/p>\n<div class=\"post-nav\">\n<div class=\"previous-blog\">\n\t\t\t\t\t\t\t\t\t\t\tPrevious: <a href=\"https:\/\/ambcrypto.com\/dogecoin-poised-for-50-rally-key-data-to-watch-out-for\/\" rel=\"next\" data-wpel-link=\"internal\">Dogecoin poised for 50% rally? Key levels to watch out for<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<div class=\"next-blog\">\n\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/solanas-open-interest-hits-new-ath-as-sol-breaks-this-record\/\" rel=\"prev\" data-wpel-link=\"internal\">Solana\u2019s Open Interest hits new ATH as SOL breaks THIS record<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/ambcrypto.com\/shiba-inu-makes-big-moves-what-can-spark-a-major-price-shift\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Journalist Posted: November 11, 2024 Large SHIB transaction volume spiked to its highest in weeks. The SHIB price has continued to rise since the spike. Shiba Inu [SHIB] has witnessed &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=124510\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-124510","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/124510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=124510"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/124510\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=124510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=124510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=124510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}