SHIB Price Analysis: Potential Sideways Trading Amidst Bearish Pressure and Low Volume
The post SHIB Price Analysis: Potential Sideways Trading Amidst Bearish Pressure and Low Volume appeared on BitcoinEthereumNews.com. SHIB, or Shiba Inu, is a cryptocurrency that has recently seen a 0.12% price increase. Currently trading at $0.00001290, it is experiencing sideways movement between key support and resistance levels. Current Price Movement: SHIB is trading at $0.00001290 with a slight increase over the last day. Market Sentiment: The market is currently bearish, indicating potential downward pressure. Price Range: SHIB is fluctuating between support at $0.00001173 and resistance at $0.00001428. Stay updated on SHIB’s price movements and market trends. Learn more about cryptocurrency trading today! What is SHIB? SHIB, or Shiba Inu, is a decentralized cryptocurrency that has gained popularity as a meme coin. Currently, SHIB is trading at $0.00001290, reflecting a 0.12% increase over the last day. How does SHIB perform in the market? SHIB’s performance shows a bearish trend on the hourly chart, with a recent false breakout at the resistance level of $0.00001303. If selling pressure persists, a drop to the $0.00001270 area is anticipated. The overall market sentiment remains neutral, with ongoing sideways trading expected. ‘, ‘
The post SHIB Price Analysis: Potential Sideways Trading Amidst Bearish Pressure and Low Volume appeared on BitcoinEthereumNews.com.
SHIB, or Shiba Inu, is a cryptocurrency that has recently seen a 0.12% price increase. Currently trading at $0.00001290, it is experiencing sideways movement between key support and resistance levels. Current Price Movement: SHIB is trading at $0.00001290 with a slight increase over the last day. Market Sentiment: The market is currently bearish, indicating potential downward pressure. Price Range: SHIB is fluctuating between support at $0.00001173 and resistance at $0.00001428. Stay updated on SHIB’s price movements and market trends. Learn more about cryptocurrency trading today! What is SHIB? SHIB, or Shiba Inu, is a decentralized cryptocurrency that has gained popularity as a meme coin. Currently, SHIB is trading at $0.00001290, reflecting a 0.12% increase over the last day. How does SHIB perform in the market? SHIB’s performance shows a bearish trend on the hourly chart, with a recent false breakout at the resistance level of $0.00001303. If selling pressure persists, a drop to the $0.00001270 area is anticipated. The overall market sentiment remains neutral, with ongoing sideways trading expected. ‘, ‘
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