SHIB bounced, but failed to move above the key resistance. Key Support levels: $0.0000080, $0.0000070 Key Resistance levels: $0.0000085, $0.000010 1.
Key Support levels: $0.0000080, $0.0000070The price found support at $0.0000080 and tried to move higher but was quickly rejected once reaching the resistance at $0.0000085. Since then, the cryptocurrency fell back on the key support, which is now put under pressure again.In the past nine days, sellers managed to close eight daily candles in red. This shows that bears are dominating the chart right now, but in the past three days, the selling volume has been declining.
This could be indicative that SHIB has reached a local bottom.While the intensity of the selloff has subsided in the past few days, the momentum indicators, such as the daily MACD, still give a bearish signal. The MACD histogram has not yet made a higher low, but this appears likely if sellers start to lose interest. This could be an opportunity for buyers to return.The support at $0.0000080 must hold if SHIB is to stop this downtrend. If broken, the price can quickly fall to $0.0000070 next.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
2.4 Billion SHIB Burned in Past Week Despite Shibarium's Labor PainsSHIB army has removed astounding lump of SHIB from circulation while SHIB team doing their best to scale Shibarium
Leer más »
DOGE and SHIB Price Analysis for August 15Which meme coins are ready to grow soon?
Leer más »
Shiba Inu (SHIB) Momentarily Lost All of August's GainsShiba Inu losing what it gained throughout entire month
Leer más »
Shiba Inu (SHIB) Whales Abandoned Sinking ShipShiba Inu losing majority of previous gains, and it is not clear whether or not situation will change
Leer más »
Massive Shiba Inu (SHIB) Whale Born After 4.6 Trillion TransferEnormous amount of Shiba Inu tokens spotted moving on network, and it already caused appearance of new whale
Leer más »
Shiba Inu (SHIB) Sheds 100 Million Tokens in Fiery FurnaceShiba Inu is on recovery path with more than 100 million tokens burnt
Leer más »