Shardeum Airdrop Fuels Hype Ahead of April 15 Token Listing
Shardeum Mainnet Launch and Airdrop: Shardeum, an EVM-based autoscaling blockchain, is set to launch its mainnet on April 15, 2025, along with an airdrop of its native token SHM starting April 13, rewarding early supporters with over 5.5 million tokens.
Token Listing and Market Expectations: The SHM token will be listed on exchanges immediately after the airdrop, with expected prices ranging from $0.05 to $1.00 depending on market demand, while also allowing holders to participate in governance and staking within the network.
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Technical Analysis for SHM
Technical Sentiment Analysis for Shardeum (SHM) As of , Shardeum (SHM) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SHM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Shardeum (SHM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000083 | 0.0000895 | 0.0000944 | 0.000101 | 0.000106 | 0.000112 | 0.000117 |
| Fibonacci | 0.0000895 | 0.0000939 | 0.0000966 | 0.000101 | 0.000105 | 0.000108 | 0.000112 |
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