The price of Shiba Inu (SHIB) is at its lowest point in recent history, with strong selling pressure causing it to drop by another zero. The bearish sentiment in the market has led SHIB to trade at $0.00001271, a significant decrease from its highs. If SHIB falls into the $0.000009 range, it will add another zero to its price. The loss of important moving averages indicates continued bearish momentum, but there is a chance of a relief rally if the asset's current support level is defended. A break above this range could indicate a recovery, as sellers may be losing ground. The future of SHIB hinges on its ability to maintain its support level or face further declines.



Other News from Today