Shiba Armstrong Price Prediction: SHIBA Skyrockets 163% As AI Meme Coin WienerAI Soars Past $2 Million

The
Shiba
Armstrong
price


skyrocketed

over
163%
in
the
last
24
hours
to
trade
at
$0.004789
as
of
8:00
a.m.
EST
as
investors
rush
to
buy
the


meme
coin.

SHIBA’s
surge
continued
in
the
last
couple
of
hours,
with
investors
pumping
the
altcoin’s
price
more
than
32%
in
just
the
past
6
hours.

The
Shiba
Armstrong
Price
Is
In
A
Positive
Sequence

4-hour
chart
for
SHIBA/USD
(Source:


GeckoTerminal)

The
Shiba
Armstrong
price
has
been
in
a
positive
sequence
over
the
past
12
hours.
During
this
time,
it
managed
to
overcome
both
the
$0.002601
and
the
$0.003656
resistance
levels
to
soar
to
a
high
of
$0.004894.
It
has
since
retraced,
resulting
in
the
formation
of
a
new
resistance
at
$0.004661.

If
SHIBA
is
rejected
by
this
newly-formed
barrier
in
the
coming
8
hours,
the
Shiba
Armstrong
price
could
correct
to
the
immediate
support
at
$0.003656.
Continued
sell
pressure
should
the
crypto
fall
to
this
point
might
then
see
SHIBA
plummet
to
as
low
as
the
aforementioned
$0.002601
mark.

A
4-hour
candle
close
above
$0.004646
within
the
next
8
hours
could
invalidate
the
bearish
thesis.
Traders
might
then
identify
SHIBA
overcoming
this
threshold
as
a
long
entry,
since
the
altcoin
will
have
a
clear
path
to
enter
an
exploration
phase
to
the
upside.

Bullish
Momentum
Could
Push
The
Shiba
Armstrong
Price
Higher

From
a
technical
perspective,
SHIBA’s
surge
has
pushed
it
into
a
bullish
cycle,
which
is
evident
by
the
Moving
Average
Convergence
Divergence
(MACD)
line’s
position
above
the
MACD
Signal
line
on
the
4-hour
chart. 

What’s
more,
the
MACD
line
is
positively
sloped
and
breaking
away
above
the
Signal
line.
This
could
suggest
that
the
positive
momentum
is
growing
stronger.

One
indicator
that
demands
attention
is
the
Relative
Strength
Index
(RSI)
on
the
4-hour
chart.
With
the
RSI
near
90,


bulls

seem
to
be
overwhelmingly
stronger
than
bears. 

However,
a
high
RSI
value
is
generally
seen
as
a
sign
that
a
crypto’s
downside
potential
is
greater
than
its
upside
potential.
Traders
therefore
identify
a
high
RSI
value
as
a
sell
signal. 

Some
traders
seem
to
have
already
decreased
their
exposure
in
SHIBA,
as
suggested
by
the
leveling
slope
of
the
RSI
line.

The
RSI
line
sloping
negatively,
combined
with
increased
sell
volume,
could
confirm
that
the
Shiba
Armstrong
price
will
undergo
a
correction.
This
could
then
lead
to
the
crypto’s
price
dropping
to
the
recently-breached
$0.003656
mark.

But
SHIBA
is
not
the
only
meme
coin
that
has
caught
investor
attention,
with
the
ICO
of
another
canine-themed
meme
coin
by
the
name
of


WienerAI

blasting
past
$2
million
in
funds
raised
in
its
ICO
earlier
today.  

A
Loyal
Crypto
Trading
Companion

WienerAI
is
an
AI-powered
meme
coin
that
seeks
to
serve
as
an
advanced
and
loyal
companion
for
crypto
traders.
Through
a
simplified
user
interface,
traders
can
take
advantage
of
WienerAI’s
sophisticated
predictive
models
to
make
more
informed
trading
and
investment
decisions.

In
addition
to
powerful
AI
trading
models,
WienerAI
also
gives
investors
access
to
its
seamless
swaps,
allowing
them
to
capitalize
on
every
golden
opportunity
that
emerges
as
soon
as
they
appear. 

WienerAI
is
more
than
a
trading
bot

It’s
your
AI
trading
companion!

More
details
coming
SOON!

pic.twitter.com/HG5C0tE6Rk

—
WienerAI
(@WienerDogAI)

May
14,
2024

Token
holders
within
the
WienerAI
ecosystem
will
also
never
get
frontrun
by
a
MEV
bot
again,
given
the
MEV
protection
offered
by
the
project.
All
of
these
features
come
with
zero
fees
as
well.

Perfect
For
The
Upcoming
Bull
Run

There
have
been
a
lot
of
developments
in
the
crypto
space
this
year.
Perhaps
most
notable
of
these
developments
is
the
launch
of
spot
Bitcoin
ETFs
(exchange-traded
funds).
With
the
launch
of
these
investment
products
in
the
US,
many
anticipate
a
tsunami
of
capital
to
make
its
way
to
the
web3
space.

Although
billions
of
dollars
flowed
into
spot
Bitcoin
ETFs
since
the
products
launched
in
January,
the
market
has
been
in
a
limbo
phase
as
it
braced
for
the
quadrennial
halving
event.

With
mining
rewards
undergoing
another
slash
in
recent
weeks,
the
demand
from
spot
Bitcoin
ETFs
and
the
increased
scarcity
of
BTC
is
expected
to
send
crypto
prices
soaring
exponentially.

During
this
rally,
investors
and
traders
will
likely
turn
to
projects
like
WienerAI
and
its
advanced
AI
to
make
more
informed
trading
decisions
and
to
maximize
their
returns.

Crypto
YouTuber
ClayBro
also
recently
told
his
128k
subscribers
that
WienerAI’s
native
token
could
pump
after
launch
and
potentially
generate
10X
returns
for
investors.

What’s
more,
there
is
also
a
487%
APY
being
offered
to
ICO
buyers.
This
means
that
investors
won’t
have
to
wait
for
the
anticipated
rally
to
start
growing
their
crypto.

To
acquire
the
project’s
native
token
at
this
early
stage
and
participate
in
its
lucrative
staking
program,
investors
can
buy
WienerAI
on
its
official
website.

Purchase
and
stake
WienerAI
here
for
up
to
487%
in
annual
staking
rewards.

Related
Articles: