Shiba Inu Continues The Bullish Rise Above $0.00001430
The post Shiba Inu Continues The Bullish Rise Above $0.00001430 appeared on BitcoinEthereumNews.com. May 22, 2025 at 10:45 // News Shiba Inu (SHIB) prices have finally pulled back above the moving average lines after being rejected at a high of $0.00001759. Shiba Inu price long-term prediction: bullish SHIB has been trading above the 21-day SMA support since its decline on May 17. The bears have made several attempts to break the 21-day SMA support. If the 21-day SMA support is broken, SHIB will drop to the 50-day SMA support or the low at $0.00001340. If the moving average lines are broken, the altcoin will fall much further to a low of $0.00001200. On the upside, SHIB will rise if the 21-day SMA support holds. The altcoin is trading above the 21-day SMA support and below the resistance at $0.00001750. SHIB will reach its high of $0.00001966 after it clears the current obstacle. The current price of SHIB is $0.00001457. SHIB indicator analysis SHIB has fallen after a sharp rejection on May 12, as reported by Coinidol.com, as evidenced by a long candle wick. The extended candlestick indicates significant selling pressure at the high of $0.00001750. SHIB resumed its positive trend as the price bars remained above the moving average lines. On the 4-hour chart, the price bars are between the moving average lines. Technical indicators Key Resistance levels: $0.00002800, $0.00002900, $0.00003000 Key Support levels: $0.00002200, $0.00002000, $0.00001900 What is the next move for Shiba Inu? SHIB has started its uptrend and is holding above the 21-day SMA on the daily chart. On the 4-hour chart, the price bars have risen above the moving average lines, indicating that the cryptocurrency is moving higher. SHIB is gaining momentum and approaching the $0.00001759 resistance level. Disclaimer. This analysis and forecast are the personal opinions of the author. They are not a recommendation to buy or sell cryptocurrency…
The post Shiba Inu Continues The Bullish Rise Above $0.00001430 appeared on BitcoinEthereumNews.com.
May 22, 2025 at 10:45 // News Shiba Inu (SHIB) prices have finally pulled back above the moving average lines after being rejected at a high of $0.00001759. Shiba Inu price long-term prediction: bullish SHIB has been trading above the 21-day SMA support since its decline on May 17. The bears have made several attempts to break the 21-day SMA support. If the 21-day SMA support is broken, SHIB will drop to the 50-day SMA support or the low at $0.00001340. If the moving average lines are broken, the altcoin will fall much further to a low of $0.00001200. On the upside, SHIB will rise if the 21-day SMA support holds. The altcoin is trading above the 21-day SMA support and below the resistance at $0.00001750. SHIB will reach its high of $0.00001966 after it clears the current obstacle. The current price of SHIB is $0.00001457. SHIB indicator analysis SHIB has fallen after a sharp rejection on May 12, as reported by Coinidol.com, as evidenced by a long candle wick. The extended candlestick indicates significant selling pressure at the high of $0.00001750. SHIB resumed its positive trend as the price bars remained above the moving average lines. On the 4-hour chart, the price bars are between the moving average lines. Technical indicators Key Resistance levels: $0.00002800, $0.00002900, $0.00003000 Key Support levels: $0.00002200, $0.00002000, $0.00001900 What is the next move for Shiba Inu? SHIB has started its uptrend and is holding above the 21-day SMA on the daily chart. On the 4-hour chart, the price bars have risen above the moving average lines, indicating that the cryptocurrency is moving higher. SHIB is gaining momentum and approaching the $0.00001759 resistance level. Disclaimer. This analysis and forecast are the personal opinions of the author. They are not a recommendation to buy or sell cryptocurrency…
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