You can also read this news on COINTURK NEWS: Shiba Inu Cryptocurrency Experiences Price Correction

您还可以在 COINTURK NEWS 上阅读此新闻：Shiba Inu 加密货币经历价格调整

The second-largest meme cryptocurrency, Shiba Inu (SHIB), started a corrective trend after its price retracted from the $0.000045 level in the second week of February. The change in the meme token occurred as Bitcoin prices fell below $70,000, followed by a 47% drop in Shiba Inu, marking it down to $0.0000238.

第二大 meme 加密货币 Shiba Inu (SHIB) 在其价格从 2 月第二周的 0.000045 美元水平回落后开始了修正趋势。随着比特币价格跌破 70,000 美元，Meme 代币发生了变化，随后 Shiba Inu 下跌 47%，跌至 0.0000238 美元。

The Rise of Meme Tokens

Meme 代币的兴起

The mentioned decline indicates a potential drop below the 50% retracement level, which could suggest the token is preparing for further declines. Amidst the February-March recovery trend in the cryptocurrency market, Shiba Inu, along with tokens like Dogecoin, Pepe Coin, and Bonk, witnessed triple-digit gains, making cryptocurrencies the better-performing sector.

上述下跌表明该代币可能跌破 50% 回撤水平，这可能表明该代币正在为进一步下跌做好准备。在加密货币市场 2 月至 3 月的复苏趋势中，Shiba Inu 以及 Dogecoin、Pepe Coin 和 Bonk 等代币见证了三位数的涨幅，使加密货币成为表现较好的板块。

From the lowest level at the end of February at $0.00000935, SHIB’s price showed an approximate 388% increase to $0.0000456. However, the extended rally, combined with a new correction in Bitcoin prices, triggered a notable pullback in Shiba Inu. This pullback can be tracked using a downward trend line that acts as dynamic resistance against buyers. With an intraday gain of 7.83%, Shiba Inu’s price rose to $0.00002745 and may prepare for another breakout attempt from the general trend line at the $0.00003 level.

从 2 月底的最低水平 0.00000935 美元开始，SHIB 的价格上涨了约 388% 至 0.0000456 美元。然而，持续的上涨加上比特币价格的新一轮调整，引发了柴犬的显着回调。这种回调可以使用下降趋势线来跟踪，该趋势线充当对买家的动态阻力。柴犬价格盘中上涨 7.83%，升至 0.00002745 美元，可能为再次突破 0.00003 美元水平的总体趋势线做好准备。

src="/uploads/20240318/171071514065f771042ba9f.png">

Price Analysis of SHIB

SHIB价格分析

This level is crucial for investors as a reversal or breakout from the trend line could significantly affect Shiba Inu’s near-future movement. A potential reversal from the resistance trend line could extend the Shiba Inu correction to $0.0000215. With the recent price increase, SHIB is attempting to reclaim its position above the 50% retracement level.

这一水平对投资者来说至关重要，因为趋势线的逆转或突破可能会显着影响柴犬的近期走势。阻力趋势线的潜在逆转可能会将 Shiba Inu 修正扩大至 0.0000215 美元。随着最近的价格上涨，SHIB 正试图收回其 50% 回撤位上方的位置。

Sustainability of the price above this level could indicate that meme token buyers still have a strong hold on this token and could provide a suitable entry opportunity for newcomers. An upward potential breakout would signal the continuation of the recovery trend and offer buyers the chance to surpass the recent high of $0.000045 and exceed the $0.00005 milestone.

价格持续高于这一水平可能表明 meme 代币买家仍然牢牢持有该代币，并且可以为新来者提供合适的进入机会。潜在的向上突破将标志着复苏趋势的持续，并为买家提供超越近期高点 0.000045 美元并突破 0.00005 美元里程碑的机会。

The post first appeared on COINTURK NEWS: Shiba Inu Cryptocurrency Experiences Price Correction

该帖子首次出现在 COINTURK 新闻上：柴犬加密货币经历价格调整