{"id":65876,"date":"2022-05-24T05:03:53","date_gmt":"2022-05-24T01:03:53","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=65876"},"modified":"2022-05-24T05:03:57","modified_gmt":"2022-05-24T01:03:57","slug":"shiba-inu-acts-as-crypto-underperformer","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/shiba-inu-acts-as-crypto-underperformer\/05\/24\/market-updates\/","title":{"rendered":"Shiba Inu acts as crypto underperformer"},"content":{"rendered":"\n<p>Shiba Inu price qualifies the asset to be considered as a crypto underperformer if market conditions persist. Continual diminishing returns are a likely outcome for the meme coin. Invalidation of the bearish thesis is a breach above $0.00001850.<br><br> Ethereum price displays reasons to believe in a price spike to $2400. Traders still approach the smart contract blockchain cautiously and use a tight invalidation level. Ethereum price hints that a countertrend spike will occur as the bears seem to be uninterested in suppressing the price further on the daily chart.<br> <br>Bitcoin continues to trade sideways but its price action hints at more upside in the short term, whereas the short-to-medium term is somewhat bearish. The main scenario, in fact, points to 32k at least, then down. Rune has a slightly different main count compared to bitcoin, but the short-term price action will determine whether we see a lower low or a higher high first.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu price qualifies the asset to be considered as a crypto underperformer if market conditions persist. Continual diminishing returns are a likely outcome for the meme coin. Invalidation of the bearish thesis is a breach above $0.00001850. Ethereum price displays reasons to believe in a price spike to $2400. Traders still approach the smart &hellip;<\/p>\n","protected":false},"author":13,"featured_media":41031,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,36],"tags":[6904,9605,6905,7743],"class_list":["post-65876","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-bitcoin","tag-crypto","tag-ethereum","tag-shiba-inu"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/65876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=65876"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/65876\/revisions"}],"predecessor-version":[{"id":65880,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/65876\/revisions\/65880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/41031"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=65876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=65876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=65876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}