The price of Shiba Inu (SHIB) has been relatively stable, trading between the resistance at $0.00002800 and support at $0.00002300. The altcoin recently experienced a dip but quickly rebounded as the bulls bought the dips and started an uptrend. SHIB rallied and broke above the resistance level but then fell back, and further rallies are unlikely as it is currently trading near the middle of the price range. The altcoin's price is currently at $0.00002607. Technical indicators show key resistance levels at $0.00002800, $0.00002900, and $0.00003000, and key support levels at $0.00002200, $0.00002000, and $0.00001900. The altcoin is currently in a sideways trend, with its progress being held back by resistance at $0.00002800. This analysis and forecast should not be taken as a recommendation to buy or sell cryptocurrency and readers should do their own research before investing.



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