{"id":194387,"date":"2023-09-30T15:39:07","date_gmt":"2023-09-30T15:39:07","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=194387"},"modified":"2023-09-30T15:39:07","modified_gmt":"2023-09-30T15:39:07","slug":"shiba-inu-remains-stable-and-holds-above-0-00000720","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/crypto\/shiba-inu-remains-stable-and-holds-above-0-00000720\/","title":{"rendered":"Shiba Inu Remains Stable And Holds Above $0.00000720"},"content":{"rendered":"

The price of Shiba Inu (SHIB) is capped between the price levels of $0.00000690 and $0.00000760, but has held steady above the support level of $0.00000720. Shiba Inu price analysis by Coinidol.com.<\/strong><\/p>\n

Shiba Inu (SHIB) Price Long-Term Forecast: In Range<\/h2>\n

The 21-day line SMA has slowed down the upward movement of the price. SHIB price is trying to break the 21-day line SMA today. However, since the beginning of the decline, the 21-day line SMA has remained intact. The presence of doji candlesticks makes it unlikely that the lower price area at $0.00000690 will be broken to the downside.<\/p>\n

Usually, the lack of price movement is attributed to the doji candlesticks. The price of the altcoin is in the middle price range. When there is a price breakdown or rebound, the cryptocurrency will start to perform. The altcoin is trading at $0.00000734 at the time of writing.<\/p>\n

Shiba Inu (SHIB) Indicator Analysis<\/h2>\n

The price of the cryptocurrency has risen during the pullback and retested the 44 level of the Relative Strength Index for the 14 period. The altcoin might experience a decline. The altcoin is currently experiencing bearish momentum below the 60 threshold of the daily stochastic. However, as the altcoin consolidates above the current support, the bearish momentum has currently decreased.<\/p>\n

Technical Indicators<\/h3>\n

Key resistance levels: $0.00001200, $0.00001300, $0.00001400<\/p>\n

Key support levels: $0.00000600, $0.00000550, $0.00000450<\/p>\n

<\/p>\n

What is the next move for Shiba Inu (SHIB)?<\/h2>\n

The cryptocurrency value will continue to move in a certain range based on the doji candlesticks. The price movement was horizontal and in a narrow range. In the lower time frame, the cryptocurrency price fluctuates between $0.00000720 and $0.00000740 price levels.<\/p>\n

<\/p>\n

On September 19, Coinidol.com reported that the price of Shiba Inu (SHIB) has been steadily decreasing. The SHIB price reached $0.0000072.<\/p>\n

Disclaimer. This analysis and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.<\/span><\/i><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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