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"Should PI be launched on Binance?"
Cast your vote — either "Yes" or "No" — and share your thoughts in the comments under this post. You can only vote once and won’t be able to change your vote after submitting. Happy voting!
Vote Period: 2025-02-17 14:45 (UTC) to 2025-02-27 23:59 (UTC)
Current Situation • Current Price: $2.3379, up 8.70% in the last 24 hours. • Volume: Increasing volume indicates increased interest from buyers, supporting the upward movement. • RSI (Relative Strength Index): • RSI(6): 73.60 — is in the overbought zone, suggesting that the price may be nearing a resistance point. • RSI(12) and RSI(24): Also indicate strength, but do not yet show complete exhaustion of the movement. • Moving Averages (EMA): • The price is above the short-term EMAs, indicating bullish momentum. • The EMA(50) and EMA(200) provide support at lower levels (around $2.2468 and $2.2928).
Possible Development 1. If Resistance at $2.3500 is Breakable: • The price may seek higher levels near $2.4000 or $2.4500, where it will find new resistance. • Confirmation will depend on a continued increase in volume and RSI strength. 2. If Correction Occurs: • The price may retreat to the nearest support areas: • First support: $2.2928 (200 EMA). • Second support: $2.2468 (50 EMA). • A corrective move will be healthy if the support levels are held.
My Prediction • Short Term (Next Hours): • The price may consolidate in the range of $2.3000 to $2.3500. • A mild correction would be natural due to the elevated RSI. • Medium Term (1 to 2 Days): • If the support holds, the uptrend may continue, seeking levels above $2.4000.
Recommendation 1. If You Are Positioned: • Hold and follow the resistance at $2.3500. • Consider taking part of the profits above $2.4000. 2. If You Intend to Enter: • Wait for a correction to the support ($2.2928 or $2.2468) for a safer entry. • Avoid buying near resistance without confirmation of breakout.
The market is showing strength, but with caution due to the overbought zone in the RSI.Monitor the volume to assess the continuation of the rise.
#BTCOutlook Cryptocurrency is a digital or virtual currency that uses cryptography for security. It operates independently of central banks and governments. Although the best-known cryptocurrency is Bitcoin, the top cryptocurrencies by market capitalization include Ethereum, BNB, Litecoin, XRP, Dogecoin, and others.
#BTCNextMove Shiba Inu (SHIB) is a meme token that started as a fun coin and has now transformed into a decentralized ecosystem. During the initial launch, 50% of the supply was allocated to Vitalik Buterin's Ethereum wallet.
#MarketCorrectionBuyOrHODL Shiba Inu price indicates that its value will increase by 66.67% and reach 0.0000455 by December 19, 2024. Our technical indicators signal a Neutral Bullish 50% market sentiment for Shiba Inu, while the Fear & Greed Index shows a score of 87 (Extreme Greed).
#MarketNewHype If SHIB maintains its strong correlation with bitcoin, it could see a rally of over 5,000%. However, how much of this scenario is feasible, given VanEck’s recent bitcoin predictions?
#TopCoinsSeptember Bitcoin price futureThroughout 2025, these should be the next milestones that the cryptocurrency could overcome, but not without difficulties. "The market reaction suggests that there may still be room for growth," he says.
#BitcoinKeyZone Bitcoin price futureThroughout 2025, these should be the next milestones that the cryptocurrency could overcome, but not without difficulties. "The market reaction suggests that there may still be room for growth," he says.
bank Standard Chartered released a report last Tuesday, 26th, in which it assesses that bitcoin is expected to experience new price drops before it manages to reach the US$ 100 mark. Even so, the institution believes that the trend is for cryptocurrency to overcome this technical and psychological barrier.