Shiba Inu is quoted at $0.00000573 on Thursday afternoon, that is 5.73 millionths of a dollar, and 1.97 percent below the previous day. The short answer to the question of what matters over the next few days: the price sits inside a triangle whose apex, according to the technical assessment by Blockchain.News of September 30, falls on October 4. Until then a falling upper edge and a rising lower edge compress the price; after that the tension resolves in one direction. For you as an investor in Germany, that is the one date you can pin the next few days to.
A triangle in chart analysis is a phase in which every recovery ends a little earlier and every setback is bought a little earlier. The two lines meet at some point, and at that point one side is forced to act. The pattern does not predict the direction. It only says when the decision falls due.
The second date is in the calendar of the German Federal Ministry of Finance and has nothing to do with the chart, but a great deal to do with your return. The draft bill reforming crypto taxation is due to pass cabinet on October 14, and it draws a line at December 31, 2026. Both deadlines appear further down in this article with their consequences.
English (US)