- SHIB Coin price is currently seeing a breakout and can soon see a momentum to a new high. SHIBA INU has seen a gain of more than 12% in the intraday session.
- SHIBA INU bulls are currently gearing up to move for a new high. In contrast, SHIB/BTC pair has observed a gain of more than 12.5% in past 24 hours.
SHIB crypto price has rebounded from its major support level and is ready to see a strong move to a new high. Shiba Inu’s price cost has remained close to $0.00003204 with an upside move of over 12% The asset ROI has seen an exceptional leap before and can before long increase itself. The asset cost has been seeing a strong blend of bulls and bears and can before long see a significant potential gain pattern later on. The cementing in the asset can put it again in the top crypto resources. One can place assets into SHIB according to their necessities and value activity.
SHIB coin crypto positioning has seen a slip previously and is presently ranked 13th in the CMC. The volume of the resource can also see a strong upside move in the future. Volume to market cap proportion of the resource hints towards a strong trend for the future. One can check colossal additions in the SHIBA Coin later on.
SHIB Crypto Price Technical Indicators Are Favoring The Bulls
The weekly technical chart of the Shiba Inu price is currently seeing a strong upside trend. Coming to the daily chart, the asset price is looking to leap for a new high. The upside momentum of the SHIBA INU can see a setback near $0.000037. The asset price on the downtrend may observe a downside trend near $0.000025. The price of the coin has seen a jump over the downside move and can soon see a new high. The 50 DMA line is near $0.0000382 and it can act as a temporary hostile region for the coin. SHIB/BTC pair can also see a move to a new high in the future
Conclusion
SHIB coin price has been seeing a bearish move and can soon see a new high in the future.SHIB/BTC pair might also see a new high in the future
Technical Levels
Major Resistance: $0.00005
Major Support: $0.000002