SHIB is at its lowest level ever, with only 16.98 % of the titles currently present. Most of the SHIB – 76.56 % – loses money, which indicates the direction of the original origin. There are increasing concerns about whether SHIB can bounce or if there is a further decrease in the store with an increase in assets I love.
The current price of SHIB is about $ 0.00001669 after a slight increase of 2.46 %. But even with this modest recovery, the general trend is still firmly down. Fears have been increased that the downward trend is more than the end when the original recently decreased to less than important support levels.
The consistent sales pressure is confirmed by the average movement for 50 days and 200 days, which both continue to decrease. An additional evidence that there is no momentum of purchase of the fact that the shab trading volume has not yet appeared noticeable. In the absence of a significant increase in the demand, the gray rest course remains unclear. In order to avoid more surrender, SHIB needs to keep its price higher than $ 0.00001600.
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Next decisive support if this level is disrupted at 0.00001400 dollars. SHIB fluctuations are often affected by their great owners. Whale transactions may continue to decrease, which may indicate persistent weakness. One of the main factors in coins is consumer enthusiasm. The possibility of Shib will decrease if the total cryptocurrency market is weak.
Although there is a large society, the foundations of Shaib are still not present. Before looking at any bullish scenarios, it is important to remember that SHIB is the assets paid, which rarely shows an appropriate basic growth.
