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Markets

Is Shayb tending to fall more severe or find a floor?

  • SHIB is trading near the $ 0.000014 sign.
  • Trading volume increased 24 hours by 3 %.

The maximum Crypto market has settled about $ 3.42 trillion. It is worth noting that the maximum of the Meme Coin market amounted to 74.6 billion dollars, after a short increase in the past 24 hours. Meanwhile, Shaiba Eno, under the title of dogs, has lost more than 1.53 % in the past 24 hours.

The MIM currency started today trading in a rise of $ 0.00001467. Ultimately, the bears withdrew the SHIB price on the downside, when it decreased 0.00001416 dollars. At the time of writing this report, Mimi currency Trading At $ 0.0000143, with the maximum market of $ 8.43 billion. The trading volume increased by more than 3.80 %, reaching 176 million dollars.

Sheba Eno The burning rate He decreased by 55.72 %. It is worth noting that 18,356,090 symbols were burned. To date, the SHIB 410.74 trillion gray system was burned, leaving more than 584.48 trillion trading symbols.

Can Shib settle, or is the downside more?

It has crossed the medium rapprochement line (MACD) and the signal line below the zero line. This intersection is likely to raise strong downward feelings, and may continue to trade on the negative side unless a reflection occurs. Moreover, the Shib’s Chaikin Money Flow (CMF) index, which evaluates the capital flow, means the flow of money with the complexity of the value at 0.12. It also alludes to the mild purchase pressure on the market.

Assuming SHIB failure to escape from the dumping track, the price can slip to the decisive support range at about $ 0.00001395. A deeper correction of the Mimi currency may lead to the death cross and send the price towards a level of $ 0.000013.

However, if the momentum of the bullish trend of the coin is recovered, it may find immediate resistance at the mark of $ 0.00001439. The strong penetration of the SHIB Golden Cross can call for the appearance, which supports the price to install the resistance and test it at 0.00001470 dollars.

In addition, the SHII (RSI) daily relative index is 46.76, which reflects monotheism phaseWith no strong or declining upward momentum. Moreover, the Bull Bear Power (BBP) reading from -0.00,0006 indicates very simple declining pressure inside the market.

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