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🔴 LIVE | Crypto Market Review - Trading Setups for Bitcoin & Altcoins

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Shiba Inu (SHIB) , the popular meme coin turned serious contender, is once again stirring up buzz across the crypto space. After months of sluggish price action, SHIB is showing early signs of a potential breakout leaving traders and investors asking one burning question: Is a massive surge just around the corner? Backed by a loyal community, ongoing developments like Shibarium, and a recovering crypto market, SHIB price could be gearing up for a major move. In this article, we dive deep into the latest daily chart data, analyze key technical indicators, and explore whether Shiba Inu is about to make headlines once again with a breakout rally. Shiba Inu (SHIB) appears to be entering a phase of quiet accumulation after months of decline. The daily chart shows a subtle but promising uptrend forming, with SHIB currently trading around $0.00001352. Heikin Ashi candles are beginning to show smaller wicks on the bottom, signaling reduced selling pressure and early signs of trend reversal. SHIB price has managed to print consecutive green candles, which—although modest—suggest growing bullish sentiment. This could be the start of a fresh momentum wave, especially if buyers continue to step in above the $0.00001300 support level. >>Click Here to Buy SHIB on Bitget<< Technical indicators are reinforcing the recovery narrative. The Relative Strength Index (RSI) has climbed above the 50 mark and now stands at 52.23, indicating bullish territory and the potential for further upward movement. This is significant because the RSI had been suppressed below 50 for weeks—its breakout now points to strengthening momentum. Even more compelling is the MACD (Moving Average Convergence Divergence), which has flashed a bullish crossover. The MACD line has crossed above the signal line, and green histogram bars are expanding. Historically, this pattern has preceded SHIB rallies, suggesting that a move toward higher resistance zones could soon materialize. If momentum sustains, SHIB could target its next resistance near $0.00001500. >>Click Here to Buy SHIB on Bitget<< On the upside, immediate resistance lies at the psychological level of $0.00001500. A clean breakout above this could open the doors toward the $0.00001800–$0.00002000 zone, especially if supported by volume and broader market bullishness. On the flip side, support sits firmly at $0.00001250, which has held well during the recent consolidation phase. If Shiba Inu price breaks below this, the next safety net is around $0.00001100. However, given the current trajectory, SHIB is leaning toward retesting higher zones before any significant pullback. The upward slope in both RSI and MACD also reduces the likelihood of an immediate downturn, unless triggered by market-wide volatility. Shiba Inu price is not alone in its quiet rally—meme coins like Dogecoin and FLOKI have also shown signs of life in recent weeks. This often hints at a renewed speculative appetite among retail traders. If Bitcoin maintains stability or pushes further toward new highs, altcoins—and especially meme coins—are likely to ride the wave. Shiba Inu, with its loyal community and strong social media backing, could benefit disproportionately in such a rally. SHIB’s fundamentals, including its layer-2 scaling solution Shibarium, may also add fuel to the fire if development updates or ecosystem announcements go live in Q2 2025. Traders should monitor both technical breakouts and news cycles for maximum insight. >>Click Here to Buy SHIB on Bitget<< If the current bullish structure holds, SHIB has a good chance of retesting $0.00001500 within the next 10–15 trading days. Should this resistance flip into support, the next target range becomes $0.00001800 to $0.00002000. A breakout above that zone could reignite a full-fledged bull run, potentially revisiting October 2024 highs around $0.00003000—though that scenario would require strong macro support from Bitcoin and Ethereum. However, if price fails to maintain above $0.00001300, bears may attempt to retest the lower zone at $0.00001200. At the moment, though, the bulls have the upper hand.

Fidelity Investments is making a bold move in the blockchain space with its latest filing to the U.S. Securities and Exchange Commission (SEC) for a tokenized USD money market fund. Previously, Fidelity had filed for an Ethereum ETF offering staking rewards, as highlighted by CNF. According to the SEC filing, the fund will introduce an “OnChain” share class recorded on Ethereum’s blockchain. While it will not invest directly in cryptocurrencies, 99.5% of its holdings will be allocated to U.S. Treasury securities and cash, ensuring a stable and highly liquid investment vehicle. As stated in the Form N-1A filing with the SEC, Fidelity is seeking the registration of a tokenized version of its money market fund. The filing reads: The OnChain class of the fund currently uses the Ethereum network as the public blockchain. In the future, the fund may use other public blockchain networks, subject to eligibility and other requirements that the fund may impose. Currently, 80% of the fund’s assets are held in U.S. Treasury securities, with interest payments due upon maturity. Fidelity’s decision to use Ethereum highlights the network’s growing reputation as a preferred platform for financial tokenization . Though the filing does not mention an immediate secondary market for these digital shares, it hints at the possibility of future peer-to-peer trading of shares on the blockchain. This could open the door for increased liquidity and accessibility in traditional investment markets. By tokenizing traditional assets, firms like Fidelity are paving the way for a more digital, decentralized financial system. Further, WuBlockchain tweeted that the registration is subject to regulatory approval, with the product expected to go live on May 30. Fidelity currently manages $5.8 trillion in assets. Fidelity has filed with the U.S. SEC to register a blockchain-based tokenized U.S. dollar money market fund, initially built on Ethereum with potential expansion to other blockchains. The registration is subject to regulatory approval, with the product expected to go live on May… — Wu Blockchain (@WuBlockchain) March 23, 2025 If successful, this initiative could encourage further blockchain adoption among institutional investors and set a precedent for future tokenized investment products. The announcement of Fidelity’s filing has added to Ethereum’s institutional appeal and Fuel ETH rally . According to Coin Market Cap data, at the time of writing, ETH is trading at approximately $2,045.60, with a 24-hour trading volume increase of 2.54% and a 7.68% increase over the past week. See an ETH price chart below.