{"id":223025,"date":"2022-03-18T06:00:27","date_gmt":"2022-03-18T00:30:27","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=223025"},"modified":"2022-03-17T19:33:05","modified_gmt":"2022-03-17T14:03:05","slug":"a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/","title":{"rendered":"122% gains for SHIB in store only if the uptrend extends up to…"},"content":{"rendered":"

Shiba Inu’s price has remained lull for quite some time now. However, the last time this type of price action occurred was in September 2021, which was followed by an exponential move that more than doubled SHIB.<\/p>\n

The expectation of a volatile event<\/span><\/h3>\n

From 29 October to 3 February 2021, Shiba Inu lost roughly 74% of its value. The swing highs of this downtrend can be connected using a trend line, denoting the extent of this decline. Also, it can be used to identify a breakout that occurred on 6 February.<\/p>\n

Now, SHIB seems to be doing something similar this time; the price action from 7 February to 17 March has led to another 40% downswing. Interestingly, the swing highs of this retracement can be connected using a trend line.<\/p>\n

For both these downward moves, the support level at $0.0000207 served as a major inflection point that absorbed the incoming selling pressure. Thus, allowing sidelined buyers to accumulate. The recent retracement is getting constricted between the declining trend line and the horizontal support level. Thereby, suggesting an explosive breakout soon.<\/p>\n

In case of a bullish move, investors can expect SHIB to ride the wave and retest the $0.0000350 resistance barrier. This climb would constitute a 55% ascent from the current position.<\/p>\n

While the conservative approach indicates that the upside could be limited to around $0.0000350, an optimistic outlook reveals the uptrend could extend up to $0.0000495. This move, however, would represent a 122% gain.<\/p>\n

\"\"<\/a>
Source: TradingView, SHIB\/USDT 1-day chart<\/figcaption><\/figure>\n

While the technicals for SHIB are shining bright, suggesting a bullish outlook is around the corner, on-chain metrics, volume, in particular, is revealing some specific signals that support the bulls.<\/p>\n

The on-chain volume for SHIB spiked from 640 million on 15 March to 2.29 billion on 17 March, revealing a 257% spike. This sudden uptick is often observed as a smart money accumulation at the end of a downtrend and is considered a buy signal.<\/p>\n

However, if a similar thing occurs at the top, it could serve as a potential sell signal, but combining this index\u2019s readings with social volume can give a more accurate indication of a local top.<\/p>\n

\"\"<\/a>
SHIB on-chain volume chart<\/figcaption><\/figure>\n

Regardless, the recent uptick combined with the consolidation and fractal formation confirms that an uptrend is a no-brainer. The only arguable point here is if SHIB will stop its ascent after a 55% gain or continue higher until it retests $0.0000495.<\/p>\n","protected":false},"excerpt":{"rendered":"

Shiba Inu’s price has remained lull for quite some time now. However, the last time this type of price action occurred was in September 2021, which was followed by an exponential move that more than doubled SHIB. The expectation of a volatile event From 29 October to 3 February 2021, Shiba Inu lost roughly 74%Continue reading “122% gains for SHIB in store only if the uptrend extends up to…”<\/span><\/a><\/p>\n","protected":false},"author":53,"featured_media":223030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-223025","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\n122% gains for SHIB in store only if the uptrend extends up to... - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Shiba Inu's price has remained lull for quite some time and has not seen a volatile. However, the last time such a price action was...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"122% gains for SHIB in store only if the uptrend extends up to... - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Shiba Inu's price has remained lull for quite some time now. However, the last time this type of price action occurred was in September 2021, which was\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-18T00:30:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/pexels-photo-4588010-e1647523508540.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Manisha Mishra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/Manisha64010099\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Manisha Mishra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\\\/\"},\"author\":{\"name\":\"Manisha Mishra\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/5587a0f8ae38fe5066051a874818b831\"},\"headline\":\"122% gains for SHIB in store only if the uptrend extends up to…\",\"datePublished\":\"2022-03-18T00:30:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\\\/\"},\"wordCount\":411,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/pexels-photo-4588010-e1647523508540.jpeg\",\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\\\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\\\/\",\"name\":\"122% gains for SHIB in store only if the uptrend extends up to... - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/pexels-photo-4588010-e1647523508540.jpeg\",\"datePublished\":\"2022-03-18T00:30:27+00:00\",\"description\":\"Shiba Inu's price has remained lull for quite some time and has not seen a volatile. However, the last time such a price action was...\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/pexels-photo-4588010-e1647523508540.jpeg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/pexels-photo-4588010-e1647523508540.jpeg\",\"width\":1200,\"height\":800},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/5587a0f8ae38fe5066051a874818b831\",\"name\":\"Manisha Mishra\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/IMG_4-150x150.jpg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/IMG_4-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/IMG_4-150x150.jpg\",\"caption\":\"Manisha Mishra\"},\"description\":\"Manisha is Head of research at AMBCrypto. With a Master's degree focused on Mass Communication, Manisha is good at multitasking with an eye for detail. She is fascinated by new, emerging technologies and her interests lie in the regulatory implications of such tech.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/manisha-mishra-566a78176\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/Manisha64010099\"],\"knowsAbout\":[\"Technical Analysis\",\"Crypto Market Trends\",\"Crypto Market Analysis\"],\"jobTitle\":\"Editor\",\"worksFor\":\"AMBCrypto\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/manisha-mishra\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"122% gains for SHIB in store only if the uptrend extends up to... - AMBCrypto","description":"Shiba Inu's price has remained lull for quite some time and has not seen a volatile. However, the last time such a price action was...","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/","og_locale":"en_US","og_type":"article","og_title":"122% gains for SHIB in store only if the uptrend extends up to... - AMBCrypto","og_description":"Shiba Inu's price has remained lull for quite some time now. However, the last time this type of price action occurred was in September 2021, which was","og_url":"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2022-03-18T00:30:27+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/pexels-photo-4588010-e1647523508540.jpeg","type":"image\/jpeg"}],"author":"Manisha Mishra","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/Manisha64010099","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Manisha Mishra","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/"},"author":{"name":"Manisha Mishra","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/5587a0f8ae38fe5066051a874818b831"},"headline":"122% gains for SHIB in store only if the uptrend extends up to…","datePublished":"2022-03-18T00:30:27+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/"},"wordCount":411,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/pexels-photo-4588010-e1647523508540.jpeg","articleSection":["Altcoin","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/#respond"]}],"copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/","url":"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/","name":"122% gains for SHIB in store only if the uptrend extends up to... - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/pexels-photo-4588010-e1647523508540.jpeg","datePublished":"2022-03-18T00:30:27+00:00","description":"Shiba Inu's price has remained lull for quite some time and has not seen a volatile. However, the last time such a price action was...","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/a-122-gain-for-shib-awaits-only-if-the-uptrend-could-extend-up-to\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/pexels-photo-4588010-e1647523508540.jpeg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/pexels-photo-4588010-e1647523508540.jpeg","width":1200,"height":800},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/5587a0f8ae38fe5066051a874818b831","name":"Manisha Mishra","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/09\/IMG_4-150x150.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/09\/IMG_4-150x150.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/09\/IMG_4-150x150.jpg","caption":"Manisha Mishra"},"description":"Manisha is Head of research at AMBCrypto. With a Master's degree focused on Mass Communication, Manisha is good at multitasking with an eye for detail. She is fascinated by new, emerging technologies and her interests lie in the regulatory implications of such tech.","sameAs":["https:\/\/www.linkedin.com\/in\/manisha-mishra-566a78176\/","https:\/\/x.com\/https:\/\/twitter.com\/Manisha64010099"],"knowsAbout":["Technical Analysis","Crypto Market Trends","Crypto Market Analysis"],"jobTitle":"Editor","worksFor":"AMBCrypto","url":"https:\/\/ambcrypto.com\/author\/manisha-mishra\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/223025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=223025"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/223025\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/223030"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=223025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=223025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=223025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}