Shiba Inu and FLOKI Show no Signs of Rebounding, As Investors Look Towards Coldware as Best Alternative For Big ROI
The post Shiba Inu and FLOKI Show no Signs of Rebounding, As Investors Look Towards Coldware as Best Alternative For Big ROI appeared on BitcoinEthereumNews.com.
The cryptocurrency market is undergoing a notable shift as two popular meme tokens, Shiba Inu (SHIB) and FLOKI, struggle to regain momentum amid bearish market conditions. Meanwhile, a new player, Coldware (COLD), is capturing investor interest with its innovative technology and strong potential for high returns. As SHIB and FLOKI show no clear signs of rebounding, investors are increasingly eyeing Coldware (COLD) as the best alternative for those seeking substantial gains and a more sustainable investment in 2025. Shiba Inu (SHIB): Under Pressure With Limited Upside Shiba Inu (SHIB), once the darling of meme coin investors, has experienced a significant price decline, dropping nearly 12% in recent weeks. Despite its strong community and brand recognition, SHIB faces a challenging technical landscape. The token’s price has struggled to break through critical resistance levels, and key indicators such as moving averages are signaling continued bearish momentum. Investors watching Shiba Inu (SHIB) closely note that the Relative Strength Index (RSI) remains neutral to bearish, indicating weak buying interest. Additionally, whale activity around SHIB suggests some are taking profits or reallocating capital elsewhere, further pressuring the token’s price. Shiba Inu’s (SHIB) current price stagnation has led traders to question whether the meme coin can sustain its past popularity or if it will continue to decline in the face of stronger competition. FLOKI: Technical Setup Shows Hope, But Momentum Is Fragile FLOKI, another meme coin inspired by the dog-themed crypto craze, is also facing an uncertain future. While the token recently formed a bullish falling wedge pattern—a technical indicator that often precedes a price breakout—FLOKI remains below key resistance levels. The Relative Strength Index (RSI) for FLOKI recently crossed above its signal line, showing fresh buying momentum. However, this positive signal is tempered by relatively low volume and the need for sustained market support to confirm…
Filed under: News - @ June 17, 2025 12:26 am