EddieJayonCrypto

 16 Sep 24

tl;dr

Shiba Inu's marketing lead, Lucie, explains why the BONE token of ShibaSwap has not been listed on major exchanges like Binance and Bybit. She clarifies that the community did not financially push for listings, emphasizing a focus on organic growth over paid listings. Lucie attributes the lack of li...

Shiba Inu's marketing lead, Lucie, explains why the BONE token of ShibaSwap has not been listed on major exchanges like Binance and Bybit. She clarifies that the community did not financially push for listings, emphasizing a focus on organic growth over paid listings. Lucie attributes the lack of listings to exchanges prioritizing profits and overlooking promising tokens. The BONE token's price near an all-time low raises investor concerns despite Lucie's optimism.

Additionally, recent statements from Binance's co-founder and the token's performance are highlighted.

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In the current market, the S&P 500 index has shown resilience, maintaining a steady upward trend. The 50-day moving average has consistently provided strong support, indicating a bullish sentiment. However, caution is advised as the index approaches a key resistance level at 4,200, which may trigger a short-term pullback.
The RSI for Apple Inc. stock is hovering around 70, signaling overbought conditions. This suggests a potential reversal in the stock's price movement. Traders should monitor this closely for a possible trend reversal.
Tesla's stock has exhibited a classic head and shoulders pattern, indicating a potential trend reversal from bullish to bearish. The neckline support at $600 is critical, and a breakdown below this level could lead to further downside.
The Bollinger Bands for Amazon.com Inc. stock have narrowed significantly, indicating a period of low volatility. This often precedes a sharp price movement, and traders should prepare for increased volatility in the stock.

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