Bone ShibaSwap Gained 71.04% in Last Month and is Predicted to Drop to $1.21 By Jul 13, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• Bone ShibaSwap is up 7.10% today against the US Dollar
• BONE/BTC increased by 7.55% today
• BONE/ETH increased by 7.84% today
• Bone ShibaSwap is currently trading 12.84% above our prediction on Jul 13, 2023
• Bone ShibaSwap gained 71.04% in the last month and is up 177.00% since 1 year ago

BONE price is expected to drop by -11.38% in the next 5 days according to our Bone ShibaSwap price prediction

is trading at $ 1.36 after gaining 7.10% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 16.42% in the same time period. BONE performed well against BTC today and recorded a 7.55% gain against the world’s largest cryptocurrency.

According to our Bone ShibaSwap price prediction, BONE is expected to reach a price of $ 1.21 by Jul 13, 2023. This would represent a -11.38% price decrease for BONE in the next 5 days.

BONE Price Prediction Chart

Buy/Sell Bone ShibaSwap

What has been going on with Bone ShibaSwap in the last 30 days

Bone ShibaSwap has been displaying a positive trend recently, as the coin gained 71.04% in the last 30-days. The medium-term trend for Bone ShibaSwap has been bullish, with BONE increasing by 26.86% in the last 3 months. The long-term picture for Bone ShibaSwap has been positive, as BONE is currently displaying a 177.00% 1-year price change. On this day last year, BONE was trading at $ 0.491314.

Bone ShibaSwap reached its all-time high price on Jul 06, 2021, when the price of BONE peaked at $ 15.50. The current BONE cycle high is $ 3.29, while the cycle low is at $ 0.000000. BONE has been displaying high volatility recently – the 1-month volatility of the coin is at 15.93. Bone ShibaSwap recorded 19 green days in the last 30 days.

Bone ShibaSwap technical analysis for today – Jul 08, 2023

The sentiment in the Bone ShibaSwap markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 1.15, $ 1.01 and $ 0.933139, while $ 1.37, $ 1.44 and $ 1.58 are the key resistance levels.

Bullish sentiment for Bone ShibaSwap

27 indicators are currently signaling a bullish prediction for Bone ShibaSwap, while 4 indicators are showing a bearish forecast. With 87% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Bone ShibaSwap.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 58 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Bone ShibaSwap moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Bone ShibaSwap is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Bone ShibaSwap is at 82.60, suggesting that BONE is currently overbought.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Bone ShibaSwap over the last 50 days. Currently, Bone ShibaSwap is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the BONE closing price for the last 200 days. BONE is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Bone ShibaSwap prediction

After considering the above factors, we can conclude that the current forecast for Bone ShibaSwap price prediction is Bullish. BONE would have to decrease by -11.38% to hit our $ 1.21 target within the next five days. Moving forward, it will be important to monitor the BONE market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Bone ShibaSwap price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.