- Shib is doing $ 0.000011.
- The 24 -hour transaction volume increased by 292%.
Following a fixed market collapse, the breast coin market value reached $ 42.5 billion after a shift of 15.1%. Dog -themed Shiba Inu (Shib) lost more than 7.81% in the last 24 hours.
BREAST MINE OPENED MONEY DAY trade $ 0.00001211 is high. Eventually, the bears attracted Shib to trade at a low level of $ 0.00001038. At the time of the press, the breast coin was traded at $ 0.00001105 and the transaction volume reached $ 443 million.
Shiba Inu’s burn ratio It rose to 2060231.23. Especially 13.392.153 coin was burned. So far, the Shib ecosystem burned 410,74 trillion shibs and left a coin over 584.36 trillion.
Can Shib avoid further decrease?
Shib’s mobile average convergence deviation (MacD) line and signal line are placed below the zero line. It affects a strong sense of fall and the likelihood of even more negativity in the market.
Chaikin money flow (CMF), which assesses capital flow, implies the output of the money while sitting at -0.17. Meanwhile, the daily process volume of breast Coin increased by more than 292%.
If the Shib cannot change the drop runway, the price may probably shift to its significant support of $ 0.00001037. A deeper correction of the breast medallion may trigger the price to a range of $ 0.0000089.
Assuming that the upper momentum is recovered, the breast mine may immediately find resistance in the $ 0.00001116 $. As a result, Shib may rise and test the resistance from $ 0.000012.
In addition, the daily relative power index (RSI) of SHİB in 36.57 indicates that asset approaches excessive capital area. -0.00000103’s Taurus Bear (BBP) reading shows that Bears dominates the market.
Waiver: The opinion expressed in this table is only the author. It does not represent any investment advice. Thethrypto encourages everyone to do their own research before investing.
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