您现在的位置是:Which way as Shiba Inu looses an important support >>正文
Which way as Shiba Inu looses an important support
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛25人已围观
简介Shiba Inu has recovered by a marginal 0.91% after an inflation-inspired decline.SHIB was the most vi...
Shiba Inu has recovered by a marginal 0.91% after an inflation-inspired decline.
SHIB was the most viewed cryptocurrency in August
The cryptocurrency remains vulnerable at $0.000012
Meme token Shiba Inu SHIB/USD is one that rarely follows the general crypto sentiment. Instead, SHIB has been moved by retail frenzy and social media mentions. It is also likely to see SHIB ballooning on any slight fundamentals.
A CoinMarketCap analysis shows that Shiba Inu was the most viewed cryptocurrency in August globally. The interest was connected to a number of projects which are expected to increase the utility of SHIB. One among them is the Shiba Inu metaverse.
Nonetheless, Shiba Inu seems to have been gripped by fears of a faster Fed policy action after inflation data. The cryptocurrency experienced a flash crash that saw it touch the support of $0.000012. As of press time, SHIB was recovering and up 0.91% in the last 24 hours. Does SHIB have a chance to make a comeback?
Shiba Inu trades at key support as price breaks below inside bars
eToro
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Open AccountPublic
Public is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.
Buy SHIB with Public todaySource – TradingView
Technically, the Shiba Inu token has initiated a bearish breakout from multiple inside bars at the support. A breakout suggests that bearish pressure may mount at the key level. Besides, the price moved below the moving averages, which could offer further resistance above. Nonetheless, SHIB is showing recovery and resisting a drop below $0.000012.
Concluding thoughts
Shiba Inu remains vulnerable at the support zone. However, an interest in cryptocurrency could help its recovery at the critical make-or-break level. Currently, we cannot ascertain if the recovery will occur after a bearish breakout of inside bars at the support. We need to watch the price action over the next few days to ascertain the potential direction of SHIB.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/983452.html
相关文章
Scaramucci: Crypto Ban in Turkey is Not All Bad
Which way as Shiba Inu looses an important supportThe ban on cryptocurrency payments in Turkey can be perceived as bullish, in the opinion of Anthony...
阅读更多
Cardano (ADA) price eyeing breakout to $2.00
Which way as Shiba Inu looses an important supportADA price might rally towards $2.00 if bulls clear overhead resistance at $1.50Cardano’s price...
阅读更多
Bitcoin Cash price prediction ahead of FOMC minutes
Which way as Shiba Inu looses an important supportBitcoin Cash price crashed sharply as investors waited for the upcoming FOMC minutes. The BCH token...
阅读更多
热门文章
- Venezuela Deploys Bitcoin Satellite For Offline Transactions
- U.S. Receives Small Employment Boost For Hospitality and Leisure: NFP Report
- Argentinian Immigration Agency “Will Not Negotiate With Hackers”
- Bitcoin mining difficulty hits 5
- Brave Partners with PhishFort to Protect Crypto Users
- ANKR rallies by 41% following Binance Labs’ investment
最新文章
Polkadot prediction as price slides after the recent breakout
Mummy.io partners with Polygon Studios to scale their metaverse
DeFiChain Community Brings Attractive Rewards For DFI ERC
Cardano (ADA) Could Hit $2 After 10% Rise
Wallstreetbets Opens Up Crypto Threads
Here’s why the Huobi Token price went parabolic and what next