Robert Kiyosaki’s Crypto Pick
Financial guru Robert Kiyosaki has recently made a surprising crypto pick, suggesting that a mere $100 investment in Shiba Inu could make one wealthy. The crypto asset has been consolidating near a major support level for the past three months, and an explosive move is anticipated by investors. Kiyosaki has been an ardent supporter of the asset, taking to Twitter to defend Shiba Inu holders against those attempting to disrupt the ecosystem.
Price of Shiba Inu
The price of Shiba Inu is currently near the POC or pivotal support level, which is set at $0.118. This barrier was a major factor in the recent price surge, and is the biggest traded volume level. Since April 11, the dogecoin killer began a 53% advance on August 14th, setting up a double top at $0.179. Since then, the price of Shiba Inu has reversed the gains and is now again at the POC.
Bulls and Wise Money
The bulls don’t appear to be present or responding yet, however, a rapid run up might be sparked if Shiba Inu consolidates here for an extended period of time and attracts more buyers. Bulls and wise money will immediately go for the equal highs that were created at $0.179. If the asset is able to break through this resistance level, it could potentially set up a new all-time high.
Risk and Reward
As with any investment, there is a risk-reward ratio to consider. While Shiba Inu could potentially make one wealthy, there is also the possibility of losing money if the asset fails to break through the resistance level. Investors should always do their own research and make sure they understand the risks before investing.
Robert Kiyosaki’s Surprising Crypto Pick
Financial guru Robert Kiyosaki has recently made a surprising crypto pick, suggesting that investing $100 in Shiba Inu could make one rich. This digital asset has been gaining traction in the crypto market, and Kiyosaki’s endorsement has further increased its popularity.
Shiba Inu’s Potential
The Shiba Inu coin has the potential to provide investors with a 52 percent gain if the price rebounds off of zero dollars and 118 cents. However, investors must be prepared for the possibility of a nine percent loss if the price collapses. The immediate support level for Shiba Inu is 0.001066 USD, and a rebound to 0.000179 dollars could provide a 68 gain. If the price falls to 0.000083, a 104 gain could be achieved by rallying to 0.000106.
Dollar Cost Averaging
Rather than waiting for the ideal bottom, investors are encouraged to dollar cost average their assets at the crucial support levels regardless of the various circumstances. If Shiba Inu closes below 0.000074 without making a swift rebound, it will make a lower bottom.
Shiba Inu’s Community
The Shiba Inu community is excited about the network’s massive overhaul, and the development team has recently unveiled a noteworthy chip. At the same time, Hub launched a cryptocurrency called Shiba Inu, which has grown significantly in recent months.
Shiba Inu’s Rising Asset Value
The Shiba Inu ecosystem has been gaining traction in the crypto space, with its asset value rising significantly in August. The token, called Bone, gives holders the ability to cast votes on proposals based on the quantity of shares they own. Despite several attempts to break the 1.20 cents horizontal resistance zone since the start of the year, the price was unable to break through until August 19.
Sharp Uptrend
The price then began a sharp uptrend, which it successfully broke out of on August 29. During this period, Bone grew by 200 percent in just 10 days, and the momentum continued to accelerate. This was further bolstered by the token’s listing on the Blue Bit Market. The current price is two dollars and 10 cents, which is the two dollars and 61 cents external FIB retracement resistance.
Next Resistance Level
The next resistance level, if it is successfully broken above, is at 2.65 cents, which was formed at the external FIB retracement resistance level of three dollars and 61 cents. The RSI values are in favor of the rising trend, and trading stock and cryptocurrency traders have examined the Bone chart to determine that the price has risen to two dollars. He predicted that two dollars and sixty cents would be the next point of resistance measuring the recent downward trend.
Financial Guru Robert Kiyosaki’s Crypto Pick
Financial guru Robert Kiyosaki has recently made a surprising crypto pick, suggesting that investing $100 in Shiba Inu could make someone rich. This has caused a stir in the crypto community, with many speculating that Kiyosaki’s prediction could be accurate. While it is impossible to predict the future of any asset, the recent surge in the price of Bone suggests that Kiyosaki’s prediction could be correct.
Robert Kiyosaki’s Crypto Pick
Financial guru Robert Kiyosaki has recently made a surprising crypto pick, recommending that investors put $100 into Shiba Inu. Although the meme token has been hit hard by the recent market sell-off, Kiyosaki believes that the coin has the potential to make investors rich. He has even gone so far as to say that he believes the coin could reach $2.65 in the near future.
Technical Analysis
Technical analysis of Shiba Inu’s performance suggests that Kiyosaki may be right. The coin has broken out from a declining resistance line, and both the daily and six-hour RSI indicators are showing no signs of bearish divergence. This suggests that the coin could be poised for an upward advance, potentially reaching the $2.65 region.
Recent Performance
Despite Kiyosaki’s optimism, Shiba Inu’s recent performance has been less than stellar. The coin has dropped two spots in the cryptocurrency rankings and is currently trading at $0.1193, down 3.25% from the previous day. This is in stark contrast to its rival, Dogecoin, which is trading at $61, down 3.54% from the previous day.
Kiyosaki’s Advice
Despite the recent market sell-off, Kiyosaki remains confident in his pick. He believes that Shiba Inu has the potential to make investors rich, and has advised those who are willing to take the risk to invest $100 into the coin. Whether or not his advice will pay off remains to be seen, but it is certainly an interesting pick for a financial guru.
Robert Kiyosaki’s Crypto Pick: Shiba Inu
Financial guru Robert Kiyosaki has recently made a surprising crypto pick: Shiba Inu (SHIB). The meme token has been gaining traction in the cryptocurrency community, and Kiyosaki believes that investing $100 in SHIB could make one rich.
Shiba Inu’s Metaverse Plans
Over the past week, the cryptocurrency community has been abuzz with news of Shiba Inu’s plans to explore the metaverse. On September 3rd, SHIB announced that it had made a major move towards this goal. The Temple Project was launched, and a proposed design for the Temple was presented. The SHIB Army has largely agreed to the upgrade, but the price of SHIB has not seen a surge yet.
Kiyosaki’s Market Predictions
Kiyosaki has previously predicted a market meltdown in 2013, and he believes that investors can still lose millions of dollars. He has also stated that investing in SHIB could be a good way to make money, as the token has the potential to increase in value.
Shiba Inu’s Burn Rate
Despite the increase in volume, SHIB has decreased by 0.17 percent over the previous day. According to Coin Market Cap, SHIB has a burn rate of 47.19 percent, and 69,087,091 SHIB tokens have been burnt overall in the same time frame.
Robert Kiyosaki’s Crypto Pick
Financial guru Robert Kiyosaki has made a surprising crypto pick in the form of Shiba Inu (SHIB). Kiyosaki believes that the current market conditions make it an ideal time to invest in SHIB tokens, citing Warren Buffett’s famous statement that the best time to buy is when the markets are “full of blood”. The S&P 500 has recently dropped from the 4,000 dollar support level to 3,950 dollars, making it a prime opportunity for investors to get in on SHIB.
Shiba Inu’s Potential
The current price of SHIB is 0.01012 dollars, making it the 14th most valuable cryptocurrency by market capitalization. Many experts are predicting that the crypto market will remain relatively stable in the near future, but there is still potential for SHIB to increase in value during a bull market. It will be interesting to see how much the price of SHIB will increase in the coming months and how optimistic the coin’s outlook is.
Kiyosaki’s Advice
Kiyosaki has advised investors to take advantage of the current market conditions and purchase SHIB tokens. He believes that SHIB has the potential to increase in value significantly in the future, and that now is the perfect time to invest. He also recommends holding onto SHIB tokens for the long term, as he believes that they will continue to increase in value over time.
Robert Kiyosaki’s endorsement of Shiba Inu has increased its popularity in the crypto market. The digital asset has the potential to provide investors with significant gains, and dollar cost averaging at the crucial support levels is recommended. The Shiba Inu community is excited about the network’s massive overhaul, and the development team has recently unveiled a noteworthy chip.
The recent surge in the price of Bone has caused a stir in the crypto community, with many speculating that Financial guru Robert Kiyosaki’s prediction that investing $100 in Shiba Inu could make someone rich could be accurate. While it is impossible to predict the future of any asset, the recent surge in the price of Bone suggests that Kiyosaki’s prediction could be correct.
Robert Kiyosaki’s surprising crypto pick of Shiba Inu has the potential to make investors rich. The meme token has been gaining traction in the cryptocurrency community, and its plans to explore the metaverse have been met with enthusiasm. Despite the increase in volume, SHIB has decreased by 0.17 percent over the previous day, but Kiyosaki believes that investing in SHIB could be a good way to make money. With a burn rate of 47.19 percent, and 69,087,091 SHIB tokens burnt overall, the token could be a wise investment for those looking to make a profit.
