Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Ethereum sees $ 205 million inflow after Pectra Upgrade Sparks Investor Confidence

2025-05-20

Milei closes Libra Task Force and investigates ties with its administration

2025-05-20

Ethereum: What you need to know about the 10-year low exchange stock of ETH

2025-05-20
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    BSCS Backs Backs AI-conducted shopping assistant in collaboration with Pulsebot AI

    2025-05-20

    Basic, BNB chain, Ethereum and others

    2025-05-20

    What are tokenized real-world assets? Put physical value on the chain with RWAS

    2025-05-20

    Basic kit transactions rise as DEX volume approaches $ 400 billion milestone

    2025-05-20

    Taiko Alethia launches the most expected Pacaya Hardfork -upgrade on MAINNET

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Milei closes Libra Task Force and investigates ties with its administration

    2025-05-20

    Ethereum -price flashes bullish signal, but can it flow through obstacles?

    2025-05-20

    XRP Price Eyes Winins, but technically suggests that upsides can be limited

    2025-05-20

    Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

    2025-05-20

    Solana (SOL) keeps land in tight reach – Traders looking at Directional Cue

    2025-05-20
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Shiba Inu will increase by 50% in November? This is why SHIB was able to replicate DOGE!
Altcoins

Shiba Inu will increase by 50% in November? This is why SHIB was able to replicate DOGE!

2024-11-02No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
  • Shiba Inu bulls struggled to secure dominance in October, but things could turn out differently this month
  • SHIB could see a big increase in the coming weeks

Shiba Inu’s performance in October was decent, but better news could follow in November. At the time of writing, the memecoin appeared to be moving in a similar pattern to its larger counterpart a few weeks ago.

Shiba Inu price action since May appeared to form a cup-and-handle pattern, which bottomed out between August and September. This was an important observation as Dogecoin just completed October after a strong rebound, completing the second half of the curve.

SHIB’s value rose significantly between September and October, with the memecoin also showing a lot of volatility during the period. However, it is worth noting that SHIB averaged less than 3% gain between the October opening price and the closing price.

Shiba InuShiba Inu

Source: TradingView

Although October was ultimately uneventful, the memecoin’s cup and handle pattern suggested that the bulls could emerge strongly in November. SHIB was trading at $0.0000175 at the time of writing, but the curve will be complete when it rises to $0.000027.

This implied that a 56% increase is possible in the next four weeks.

When we zoomed in even further, while we were still on the 1-day chart, it turned out that a different pattern may be happening here. Shiba Inu formed a wedge pattern and quickly approached the escape or breakdown zone. This could explain why it struggled to move higher in October.

Shiba InuShiba Inu

Source: TradingView

A pattern break will occur no later than mid-November, after which price will likely resume its broader cup-and-handle pattern. If this occurs, it means accumulation could build over the next two weeks.

See also  Australia will license crypto companies to increase market security

Does Shiba Inu experience accumulation at lower prices?

Data from the chain shows that whale activity has increased over the past four weeks. Whale balances grew from SHIB 590 trillion at the end of September to SHIB 591.01 trillion at the end of October.

Shiba InuShiba Inu

Source: IntoTheBlock

Investor balances had a negative result in the same period. Their balance has fallen from SHIB 130.76 trillion to SHIB 129.4 trillion in the past four weeks. Retail holdings also fell from 262.99 trillion coins to 262.88 trillion coins.

Finally, exchange data showed that the influx of Shiba Inu has been more dominant over the past four weeks. This aligned with the price action’s struggle to produce a significant rally.

Shiba InuShiba Inu

Source: CryptoQuant

A bullish outcome will be characterized by more outflows than inflows. As well as strong growth in addresses of different classes, especially whales.

Next: BNB’s 29th Burn – Exploring the Probabilities of Altcoin to Soar to New Highs Now

Source link

DOGE Increase Inu November replicate SHIB Shiba
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum: What you need to know about the 10-year low exchange stock of ETH

2025-05-20

If you have $ 5000 and want to change $ 5 million by 2028, which are the best altcoins to buy? Top 5 contenders

2025-05-20

Solana set up for the largest protocol revision so far with ‘Alpenglow’ upgrade

2025-05-20

Bitcoin briefly surpasses $ 106k for withdrawal, analyst sees stable momentum

2025-05-20
Add A Comment

Comments are closed.

Top Posts

FVCKRENDER Drops Evolving NFT ‘FLUX’ on Base

2023-08-30

GBTC: Bitcoin ETF Fees Will Go Down, Grayscale CEO Confirms

2024-03-20

IQ.wiki and BLOCX are working together to improve security and accessibility

2024-12-15
Editors Picks

Bitcoin spot ETF’s bleeding $ 900 million for 5 weeks – Is investor confidence shattered?

2025-03-17

5 Types of Content That Will Draw People to the Metaverse

2022-10-19

What Are Nodes in Crypto?

2024-05-09

The board of Hong Kong firm Greenlights More Bitcoin buys when shares rise 1700%

2025-02-24
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Ethereum sees $ 205 million inflow after Pectra Upgrade Sparks Investor Confidence

Milei closes Libra Task Force and investigates ties with its administration

Ethereum: What you need to know about the 10-year low exchange stock of ETH

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$106,607.291.24%
  • ethereumEthereum(ETH)$2,507.75-0.26%
  • tetherTether USDt(USDT)$1.000.04%
  • rippleXRP(XRP)$2.35-0.85%
  • binancecoinBNB(BNB)$649.620.10%
  • solanaSolana(SOL)$167.951.19%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2263221.09%
  • cardanoCardano(ADA)$0.740.32%
  • tronTRON(TRX)$0.2693661.40%
  • suiSui(SUI)$3.891.84%
  • chainlinkChainlink(LINK)$15.66-0.48%
  • avalanche-2Avalanche(AVAX)$22.642.32%
  • stellarStellar(XLM)$0.2877780.95%
  • hyperliquidHyperliquid(HYPE)$26.04-1.23%
  • shiba-inuShiba Inu(SHIB)$0.0000150.18%
  • hedera-hashgraphHedera(HBAR)$0.1947391.17%
  • unus-sed-leoUNUS SED LEO(LEO)$8.750.58%
  • bitcoin-cashBitcoin Cash(BCH)$392.940.29%
  • the-open-networkToncoin(TON)$3.082.16%
  • polkadotPolkadot(DOT)$4.692.09%
  • litecoinLitecoin(LTC)$94.29-4.50%
  • moneroMonero(XMR)$350.012.20%
  • bitget-tokenBitget Token(BGB)$5.17-0.29%
  • pepePepe(PEPE)$0.000013-0.82%
  • piPi(PI)$0.752.25%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.03%
  • aaveAave(AAVE)$259.437.87%
  • uniswapUniswap(UNI)$5.94-0.12%
  • bittensorBittensor(TAO)$413.872.34%
  • nearNEAR Protocol(NEAR)$2.812.12%
  • aptosAptos(APT)$5.13-0.40%
  • okbOKB(OKB)$51.99-0.54%
  • ondo-financeOndo(ONDO)$0.942.01%
  • kaspaKaspa(KAS)$0.1097752.92%
  • internet-computerInternet Computer(ICP)$5.281.68%
  • ethereum-classicEthereum Classic(ETC)$18.420.12%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.707.04%
  • gatechain-tokenGateToken(GT)$21.41-0.06%
  • crypto-com-chainCronos(CRO)$0.0966230.78%
  • mantleMantle(MNT)$0.753.26%
  • vechainVeChain(VET)$0.0284691.85%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2322310.05%
  • render-tokenRender(RENDER)$4.641.82%
  • ethenaEthena(ENA)$0.3796525.10%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • algorandAlgorand(ALGO)$0.2238351.07%
  • arbitrumArbitrum(ARB)$0.3941481.13%
  • filecoinFilecoin(FIL)$2.85-0.08%
  • bitcoinBitcoin(BTC)$106,607.291.24%
  • ethereumEthereum(ETH)$2,507.75-0.26%
  • tetherTether USDt(USDT)$1.000.04%
  • rippleXRP(XRP)$2.35-0.85%
  • binancecoinBNB(BNB)$649.620.10%
  • solanaSolana(SOL)$167.951.19%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2263221.09%
  • cardanoCardano(ADA)$0.740.32%
  • tronTRON(TRX)$0.2693661.40%
  • suiSui(SUI)$3.891.84%
  • chainlinkChainlink(LINK)$15.66-0.48%
  • avalanche-2Avalanche(AVAX)$22.642.32%
  • stellarStellar(XLM)$0.2877780.95%
  • hyperliquidHyperliquid(HYPE)$26.04-1.23%
  • shiba-inuShiba Inu(SHIB)$0.0000150.18%
  • hedera-hashgraphHedera(HBAR)$0.1947391.17%
  • unus-sed-leoUNUS SED LEO(LEO)$8.750.58%
  • bitcoin-cashBitcoin Cash(BCH)$392.940.29%
  • the-open-networkToncoin(TON)$3.082.16%
  • polkadotPolkadot(DOT)$4.692.09%
  • litecoinLitecoin(LTC)$94.29-4.50%
  • moneroMonero(XMR)$350.012.20%
  • bitget-tokenBitget Token(BGB)$5.17-0.29%
  • pepePepe(PEPE)$0.000013-0.82%
  • piPi(PI)$0.752.25%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.03%
  • aaveAave(AAVE)$259.437.87%
  • uniswapUniswap(UNI)$5.94-0.12%
  • bittensorBittensor(TAO)$413.872.34%
  • nearNEAR Protocol(NEAR)$2.812.12%
  • aptosAptos(APT)$5.13-0.40%
  • okbOKB(OKB)$51.99-0.54%
  • ondo-financeOndo(ONDO)$0.942.01%
  • kaspaKaspa(KAS)$0.1097752.92%
  • internet-computerInternet Computer(ICP)$5.281.68%
  • ethereum-classicEthereum Classic(ETC)$18.420.12%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.707.04%
  • gatechain-tokenGateToken(GT)$21.41-0.06%
  • crypto-com-chainCronos(CRO)$0.0966230.78%
  • mantleMantle(MNT)$0.753.26%
  • vechainVeChain(VET)$0.0284691.85%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2322310.05%
  • render-tokenRender(RENDER)$4.641.82%
  • ethenaEthena(ENA)$0.3796525.10%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • algorandAlgorand(ALGO)$0.2238351.07%
  • arbitrumArbitrum(ARB)$0.3941481.13%
  • filecoinFilecoin(FIL)$2.85-0.08%