No Result
View All Result
Tuesday, February 7, 2023
  • Login
LiveBetPro - Soccer Betting Tips, Crypto Casino, Crypo Exchanger
  • Home
  • Crypto Casinos
    • Best Cryptocurrency Casinos
  • Bookmakers
    • Top Online Bookmakers 2023
  • Exchanges
    • Best Cryptocurrency Exchanges
    • Best Crypto Derivatives Exchanges [2023]
    • 9 Best Bitcoin Exchanges
    • Bybit Review
    • Binance Review 2023
    • Coinbase Review [2023]
    • Gate.io Exchange Review [2023]
    • KuCoin Review 2023
    • BitYard Review [2023]
  • Scripts Bots
    • Seuntjies DiceBot
  • Betting Tips
  • Promotions
  • Contact Us
No Result
View All Result
  • Home
  • Crypto Casinos
    • Best Cryptocurrency Casinos
  • Bookmakers
    • Top Online Bookmakers 2023
  • Exchanges
    • Best Cryptocurrency Exchanges
    • Best Crypto Derivatives Exchanges [2023]
    • 9 Best Bitcoin Exchanges
    • Bybit Review
    • Binance Review 2023
    • Coinbase Review [2023]
    • Gate.io Exchange Review [2023]
    • KuCoin Review 2023
    • BitYard Review [2023]
  • Scripts Bots
    • Seuntjies DiceBot
  • Betting Tips
  • Promotions
  • Contact Us
No Result
View All Result
LiveBetPro - Soccer Betting Tips, Crypto Casino, Crypo Exchanger
No Result
View All Result
Home Crypto

Dogecoin and Shiba Inu bleed as whales abandon ship at the top

LiveBetPro by LiveBetPro
August 19, 2022
in Crypto
2
shiba-inu-va-dogecoin
189
SHARES
1.5k
VIEWS

(Ekta Mourya – FXStreet)

– Dogecoin and Shiba Inu witnessed major price corrections at their top as whales engaged in massive profit taking. 

– As whales shed their Dogecoin and Shiba Inu holdings, the two dog-themed cryptocurrencies suffered a decline in their price. 

– Dogecoin price could flip bullish and recoup its losses if specific conditions are met, argue analysts.

Dogecoin and Shiba Inu see their prices suddenly capitulate, after yielding double-digit profits to holders over the weekend. The fall appears to be linked to mass profit taking ahead of the recent dip. 

Related articles

BinanceCoin

BNB/USD (Binance) Elliott Wave analysis – Turn the higher taking place

February 7, 2023
AdaSwap, a Cardano Ecosystem Builder All Set For Launch of Public Testnet

Cardano price looks overpriced, 17% nosedive likely for ADA

February 7, 2023

Also read: What is Dogechain, the secret sauce behind Dogecoin’s 15% price rally?

Dogecoin and Shiba Inu prices witness major correction

Dogecoin and Shiba Inu prices declined after hitting a local top over the last weekend. Dogecoin price posted 13% losses and Shiba Inu 12% overnight. DOGE hit its local top at $0.087 over the weekend. 

DOGESHIB

Whales accumulated Dogecoin and Shiba Inu through the decline in the two cryptocurrencies through July 2022 and the first week of August. Whale activity on the Shiba Inu network hit a peak on August 15 and this coincided with a top in SHIB price. 

Based on data from crypto intelligence platform Santiment, Dogecoin and Shiba Inu experienced major price corrections after Sunday and Tuesday’s peak in their price. 

Large wallet investors foreshadowed the ideal profit taking moments in the two cryptocurrencies. A spike in large value transactions, greater than $100,000 coincided with a decline in DOGE and SHIB prices. 

DOGESHIB

Dogecoin’s launch of Libdogecoin, a C-library of Dogecoin constructing blocks, fueled the meme coin’s rally post last weekend. Michi Lumin, a core Dogecoin developer introduced the library that permits direct integration of Dogecoin into DeFi, NFT and dApps.

Similarly, the Shiba Eternity launch acted as one of the triggers for Shiba Inu’s price rally. Accumulation by Ethereum whales and large wallet investors is considered another factor causing Shiba Inu and Dogecoin price rallies. Yet, after yielding nearly 30% gains over the past week, by August 15, both assets are bleeding, with double-digit declines overnight. 

After hitting a three month high, Dogecoin price started a downtrend and DOGE price has plummeted to the $0.07 level. Analysts at FXStreet identified the specific conditions that need to be met for Dogecoin price to flip bullish. 

Dogecoin price will flip bullish on the following conditions

FXStreet analysts have evaluated Dogecoin’s more than a year-long declining trend line. Despite the overall bear trend, DOGE price is likely to climb 6-14% if it breaks out of its downtrend. For specific price targets check the video below:

Read Bitcoin Weekly Forecast: BTC distribution cycle reaches its first target, here’s what to expect next

Post Views: 169

Related posts:

FXStreetDogecoin and Shiba Inu bleed in Pre-FOMC crypto snoozefest FXStreetSHIB holders beware! Shiba Inu price threatens a 23% drop doge-and-adaDogecoin: A tool of speculation or starter drug for crypto SHIBUSDTThis Shiba Inu price move has the potential to be the best trade of 2022 What-is-Shiba-InuShiba Inu price edges close to a 60% breakout as bears watch in disbelief What-is-Shiba-InuShiba Inu edges Avalanche with explosive 16% gains, SHIB holders rejoice What-is-Shiba-InuShiba Inu, Dogecoin jump as risk-on behaviour returns to crypto markets dogecoinWhat is Dogechain, the secret sauce behind Dogecoin’s 15% price rally?
Tags: DOGE and SHIB pricesDogecoin and Shiba Inu prices witness major correctionDogecoin priceShiba Inu price

Related Posts

BinanceCoin

BNB/USD (Binance) Elliott Wave analysis – Turn the higher taking place

by LiveBetPro
February 7, 2023
0

(Elliott Wave Forecast Team) Binance Coin is the cryptocurrency issued by the Binance exchange and carries the BNB symbol. With...

AdaSwap, a Cardano Ecosystem Builder All Set For Launch of Public Testnet

Cardano price looks overpriced, 17% nosedive likely for ADA

by LiveBetPro
February 7, 2023
0

(Filip L. - FXStreet) - Cardano price jumps over 2% in a slight recovery during the European session. - ADA...

LunaTerra

Luna Classic gears up for recovery after Binance support and latest upgrade

by LiveBetPro
February 7, 2023
0

(Ekta Mourya - FXStreet) - Terra Classic network upgrade from v1.0.4 to v.1.0.5 has received Binance’s support, and the exchange...

crypto

Here’s why India held on to older crypto reforms in the national budget 2023

by LiveBetPro
February 2, 2023
1

(Cointelegraph Team) Cryptocurrency and blockchain technology found no mention in India’s union budget for the year 2023, bringing down the...

BitcoinEthereumRipple

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto rally built on house of cards, collapse imminent

by LiveBetPro
February 1, 2023
2

(Akash Girimath - FXStreet) - Bitcoin price is likely to pull back to the $21,250 support level as bulls exhaust...

Load More
  • Trending
  • Comments
  • Latest
freebitco-Multiply BTC

Freebitco Review – Discover Multiple Ways To Earn Free Bitcoins

June 4, 2022
earn-free-bitcoins-daily-without-investment-2022

How can I get free bitcoin without investment [2022]?

July 2, 2022
Are-Your-Investments-Safe-with-Crypto-Trading-Bots

Are Your Investments Safe with Crypto Trading Bots?

June 8, 2022
faucet-main

What Are Crypto Faucets ?

May 23, 2022
bitcoin

Bitcoin

115
Ethereum

Ethereum

57
How-To-Use-Crypto-Online-Gambling-Websites

How To Use Crypto Online Gambling Websites

44
8-Tips-On-How-To-Make-Money-Sports-Betting

8 Tips On How To Make Money Sports Betting

44
BinanceCoin

BNB/USD (Binance) Elliott Wave analysis – Turn the higher taking place

February 7, 2023
AdaSwap, a Cardano Ecosystem Builder All Set For Launch of Public Testnet

Cardano price looks overpriced, 17% nosedive likely for ADA

February 7, 2023
LunaTerra

Luna Classic gears up for recovery after Binance support and latest upgrade

February 7, 2023
bitcoin

Bitcoin sees golden cross which last hit 2 months before all-time high

February 7, 2023

Connect with LiveBetPro.com

telegram twitter

Now online

livebetpro

Livebetpro Information

Address: Ho Chi Minh City, Vietnam, 70000

Contact Us:

– Skype: fxvnpro
– Email:
livebetpro@gmail.com
admin@livebetpro.com

Payment Methods

– Webmoney
– Perfect Money
– Skrill
– Neteller
– Bank Wire
– Bitcoin

Disclamers

Any promotions, reviews, and other information in the website are just for the information purpose only.

There is no invitation or encouragement to invest in Casinos, Bettings, Cryptocurrencies and so on. We disclaim liability for any loss resulting from the use of information contained on this website.

The published comments are private opinions or feedback of the users. Livebetpro is not responsible for any information on the website.

Risk Warning

Please be aware of your investment into bettings/casinos/cryptos which is high risk and not suitable for everyone.

Recent Posts

  • BNB/USD (Binance) Elliott Wave analysis – Turn the higher taking place
  • Cardano price looks overpriced, 17% nosedive likely for ADA
  • Luna Classic gears up for recovery after Binance support and latest upgrade
  • Bitcoin sees golden cross which last hit 2 months before all-time high
  • Bitcoin found an interesting support
  • Bitcoin price over $20K creates FOMO with 620K new BTC wallets
  • Bitcoin Weekly Forecast: Nonfarm Payrolls on the radar after Powell’s speech propels BTC higher
  • Bitcoin bulls must reclaim these 2 levels as the ‘death cross’ still looms
  • Bitcoin, S&P 500 close in on bullish ‘golden cross’ signal
  • Here’s why India held on to older crypto reforms in the national budget 2023

Categories

  • Affiliate Programs
  • Betting Tips
  • Bitcoin
  • Blockchain
  • Blockchain Gaming
  • Crypto
  • Crypto Casinos
  • crypto lending platform
  • Crypto Mining
  • Crypto Trading
  • Crypto Trading Bots
  • Crypto Wallets
  • Cryptocurrency Price analysis and Prediction
  • DeFi
  • Earn Free Crypto
  • Ethereum
  • Exchanges
  • Faucets
  • Investment News
  • NFT
  • Promotions
  • Ripple
  • Scripts Bots
  • sport betting
  • USDT
  • Web3
  • XRP
  • About
  • FAQ
  • Contact Us

© 2022 by LiveBetPro.

No Result
View All Result
  • Contact Us
  • Homepages

© 2022 by LiveBetPro.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Warning: array_sum() expects parameter 1 to be array, null given in /home/betbonus/livebetpro.com/wp-content/plugins/jnews-social-share/class.jnews-social-background-process.php on line 111