Shiba Inu (Shıb) and Pepe Coin gives relative recovery signs. Both according to technical analysis memecoin It can also be the scene of significant price rise in the short term. Shiba Inu strengthens the possibility of rise in the opposite shoulder-head-form formation in Pepe Coin, while giving a purchase signal on the weekly graph. Here are both Memecoin’s potential price movements and critical levels waiting for investors.
Sign of recovery in Shiba: 12 February Price Analysis, Comment
Shiba InuAlthough it has lost 65 percent value since its summit in December 2024, it gave a new recovery signal in the weekly graph. Famous crypto money analyst Ali Martinez, TD Sequential indicator Shib Coin announced that it gives a purchase signal. This signal means that the trend can reversal in Memecoin’s price.
This indicator had given complex results when used at different times. A similar guess made by Martinez in December 2024 SHIB PRICEHe predicted that he could rise to $ 0.000026. Although the price increased to $ 0.000025, it could not fully reach the estimated target. However, this weekly graph is carefully monitored by investors.
Developments in Shiba Inu Ecosystem may also be effective on the price. Last week, Shiba Inu developers announced that they cooperated with the Ministry of Energy and Infrastructure of the United Arab Emirates. This explanation of cooperation can expand Shiba Inu’s technological infrastructure and give a new identity to the project.
EXCITEMENT OF RISE IN PEP COIN
Pepe CoinThe reverse shoulder-head-formation on the price graphic indicates a 23 percent rise potential. Technical analysis experts say that this formation supports an increase up to $ 0.000012. However, in order to reach this potential rise, Pepe needs to exceed the current resistance levels.
Whale movements PepeIt plays an important role in the price dynamics of the ‘. In the last 7 days, the purchases of large investors decreased by 45 percent, while 103 percent increase compared to 30 -day data. This shows that despite the increasing purchases in the short term, it reduces the positions of large investors in the long run.
In addition, the decrease in network activity is remarkable. While the number of new wallet addresses decreased by 31 percent, there are decreases up to 50 percent in the active wallet addresses. This shows that the transaction volume on Pepe is weakened and the market interest is reduced. However, the support point of $ 0.000008 can be a critical region for Memecoin’s price upward.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.
