As Crypto Networks Started to Deliver on Their Technical Developments, Shiba Inu Coin Managed to Break Out of Its Falling Wedge

As the markets opened to a new set of all-time highs and more new thresholds were set, the markets moved into a consolidation phase

Crypto networks are starting to deliver on their technical developments, and as a result, Shiba Inu coin has managed to break out of its falling wedge and deliver some short-term gains to SHIB holders.

As the markets opened to a new set of all-time highs and more new thresholds were set, the markets moved into a consolidation phase, as investors tried to cash in on the new thresholds of their favored altcoins.

This has brought a strong interest towards the leading meme coins, and as the crypto markets move to reward networks that have adopted network consolidation and real use features, Shiba Inu coin holders are trying to move the SHIB network towards a bull momentum.

The SHIB network has recently moved away from a declining trend, and its technical indicators are showing new strength. Since the Shiba Inu coin usually moves in correlation with the Bitcoin trend, it is apparent that the SHIB is set to rally upwards like BTC has in the past few days.

Shiba Inu Coin Gains Momentum With SHIB Army

The Shiba Inu coin holders are a committed bunch and they are showing a high response right now with the technical indicators giving a sell signal for the weekly and monthly charts.

These signals are usually taken as an opportunity to buy more Shiba Inu coins and support the SHIB network. As a meme coin that relies on the strength of its community support as well as the hype that builds up around momentum, it seems like the Shiba Inu coin holders are setting up for a bull rally to push their SHIB into the top-performing meme coin.

The Exponential and Simple Moving Averages for the daily and weekly charts are showing a sell and buy signals, while the RSI and Stochastic oscillator is neutral for these periods. With a market cap of $8.68 billion and a current market volume of $438 M, the SHIB community seems set to consolidate their Shiba Inu coin holdings.

Source: CoinMarketCap

As per the price charts, the SHIB has faced rejections at the $0.000016 range as well as the $0.000015 range on early Friday, and seems set to retest the $0.0000145 range before surging upwards.

Unilabs Finance Moves Towards $1 Million Mark As Asset Management Concept Takes Off

With the markets rewarding projects for innovative ideas and strong use case propositions, it’s no wonder that an innovative and practical use case project like Unilabs Finance is picking up market investments. The project offers users an AI backed crypto asset management platform.

With the support of AI, the platform offers users four investment funds. These are the AI Fund, BTC Fund, RWA Fund, Mining Fund. Combined, these funds cover all the broad project groups in crypto and allow users to invest in them according to their preferred risk and return break up, ensuring that their capital is protected. With over $30M Assets Under Management, Unilabs is set to deliver strong returns.

In addition, UNIL holders can stake their tokens to earn a stable stream of passive income. This can be done by staking the tokens to earn a variable ROI. This supports the platform as staked tokens support the liquidity across the entire ecosystem. In addition, the platform distributes 30% of its earnings across all token holders in a staggered system that rewards investors with a higher number of tokens, to help in building community support and engagement.

Unilabs Stage 2 Presale Has Proven Wildly Successful

The project is in Stage 2 right now, and over 200 million UNIL tokens have been sold, while the project has raised over $943 K in funds. With a UNIL available for $0.005, investors are finding it a great option to build up their crypto portfolio while getting a stable income stream from passive earnings.

For more information about Unilab Finance, visit the links below:

Website: https://www.unilabs.finance

Social: Unilabs Telegram

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