AbTrader0

SHIB to the moon? I don't think so...

COINBASE:SHIBUSD   Shiba Inu
But it seems to be heading in the right direction. With all the crazy wild projections, it's hard to tell but I'm kinda, sorta bullish. With all the press on the burn portal, Shibverse, new tokens, blah, blah, blah it seems the Shib Army has a lot to cheer about. But hold on there cowboys and girls, the specter of total supply, losses in wallets holding and few other negative tidbits remain obstacles. We are not likely to see anything close to the parabolic rise last year or any terrific moves outside of the general market trends. That said, the lots of names accepting for payment along with several countries buying in, so who knows...

Some technicals to look at, in the middle of the range box as well as under the dvpoc around 28 note: i refuse to type all those zeros lol. Lots of overhead resistance so barring some extreme burn campaign or major market rally this is going to take some time. The MACD and RSI are slowly moving in the right direction. IMHO its going to stay in this range for a while, maybe even the rest of the year. With all the war, inflation, the fiat ponzy scheme, lotsa retailers are going to be putting their money into $KR and I don't mean the stock. Even though i hold a small stash just in case it actually does hit $.01, by definition hodl'er but don't trade it actively, just putting something out there for your amusement
Peace

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