Petition Succeeds: Shiba Inu (SHIB) to Get Listed on Coinbase Pro
Shiba Inu (SHIB) is trading strong ever since it broke past the key resistance at $0.000007 during the previous session, briefly testing $0.000009 before dipping slightly lower. The optimism was driven by reports of the memecoin getting listed on Coinbase Pro soon, a move that is sure to hike up interest in the digital coin among crypto investors.
A few days ago, we reported that the online petition to get SHIB listed on Coinbase was making significant noise, and looks like the efforts of the fans paid off now. Even though several analysts continue to write off this digital asset as a joke, its online community of users remain very active and engaged in driving its usage higher, spurring a leading cryptocurrency exchange like Coinbase to list the token on its platform for professional traders.
The online community has now started another petition, this time to get the digital asset listed on Robinhood. Created around three weeks ago, it has already been signed by over 148k petitioners so far and has only needs a few more thousands of signatures to become one of the most popular petitions on the platform Change.org.
At the time of writing, SHIB/USDT is trading at around $0.0000088. The Dogecoin killer has strengthened by almost 27% since the previous session, making it one of the most active cryptocurrencies in the market of late.
Key Levels to Watch
On the 4-hour price chart of SHIB/USDT, almost all the moving averages as well as leading technical indicators MACD and momentum are signaling a bullish bias. After breaking past $0.000007 in the previous session, the price overcome yet another resistance at $0.0000085.
The next key level of interest sits at $0.000010 and if the bullish momentum can sustain and strengthen further, we could see buyers take the price past this point. On the other hand, if the sentiment sours or investors indulge in profit-taking, we could see the Shiba Inu price slide back down to test $0.0000085 and possibly go down till $0.000007 again.
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