Sellers are back in the game, according to CoinStats.
SHIB/USD
The price of SHIB has gone down by 5% since yesterday.
Every hour on the chart, SHIB‘s price decrease resumes following a breach of its previous support at $0.00002680. No signs of reversal have emerged as of now, suggesting further decline towards $0.000025 is imminent.
In simpler terms, the price on the graph hasn’t reached significant points yet, indicating an even balance between buyers and sellers.
If the price drops further to $0.000025, it’s likely that the crypto will slide down to around $0.000023 or $0.000024.
Looking back from the perspective of the mid-term trend, SHIB‘s price hasn’t increased following the last bullish candlestick. If the current bar ends up closing near its current price or lower, investors might prepare for a retest of the $0.000020 mark.
SHIB is trading at $0.00002588 at press time.
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2024-04-24 19:12