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  • SHIBA Price Analysis: SHIBA Price Attempts to Turn the Tides?

Finance

SHIBA Price Analysis: SHIBA Price Attempts to Turn the Tides?

05/31/2023
Bitcoin Ethereum News

SHIBA Price Analysis

  • 1
    SHIBA’s price is currently trading at $0.0000087 with a 0.70% increase in the 24-hour trading volume.
  • 2
    The price of SHIBA is seeing a decline of 3.1% in the last 24 hours.

SHIBA price has been trading under significant selling pressure for the past few months daily. After taking multiple rejections from the 200 EMA, the price of Shiba INU declined by 25%. The buyers have been defending the demand zone for the past 15 months.

The technical indicators present a contrasting view regarding the near future. The RSI line and price action suggest that the price may take …

Source: https://www.thecoinrepublic.com/2023/05/30/shiba-price-analysis-shiba-price-attempts-to-turn-the-tides/

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