CandleFocus Shiba Inu Struggles Above $0.00001700 And Risks Decline
2024-10-10
Author: Content Editor
The price of Shiba Inu (SHIB) is currently facing some setbacks after reaching a high of $0.00002167. Buyers were unable to maintain the upward momentum above the $0.00002000 level, causing a drop in the altcoin's price. However, if buyers regain control and push the price above the moving average lines, SHIB could resume its uptrend and retest or break through the resistance at $0.00002000. On the other hand, if the bears take control and push the price below the moving average lines, SHIB could drop to a low of $0.00001400 or $0.00001300. Currently, the price stands at $0.00001689. The author cautions readers that this analysis and forecast are their personal opinions and not a recommendation for investment.
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