According to a price analysis by Coinidol.com, the price of Shiba Inu (SHIB) has risen above the moving average lines. On November 12, SHIB reached a peak of $0.00003044 before declining and finding support above $0.00002300. The altcoin has been oscillating between $0.000023 support and $0.000028 resistance for the past week. If buyers sustain their bullish momentum above $0.00002800, SHIB could rise to $0.00003000 and $0.000032000. However, if it falls back below the $0.00002300 support, the altcoin may drop to the 21-day SMA support or the low at $0.00002100. The price action is steady due to the formation of doji candlesticks.



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