Verëffentlecht 11 Stonnen ago
Déi lafend Erhuelung an Shiba inu price halts at the local resistance of the $0.000014 mark. In addition, the several higher price rejection candles at this supply zone indicate the exhausted bullish momentum and a higher possibility for price reversal. Thus, a bearish reversal could offer a pullback opportunity for interested buyers
Schlëmmsten Punkten:
- The Shiba Inu price witnessed a temporary pullback before the next bull cycle
- A breakout from $0.000014 would bolster further growth for coin holders
- Den Intraday Handelsvolumen vun der Shiba Inu Mënz ass $ 787.5 Milliounen, wat e Gewënn vun 120% weist.
Quelltext- Tradingview
The fast-moving uptrend in the Shiba Inu Präisser reached a high of $0.000015 and registered a 52% jump within a week. However, the recovering prices failed to sustain above the resistance confluence of $0.000014 and the 200-day EMA.
After the remarkable recovery, the meme coin retraced to retest the crucial horizontal level of $0.000018 with an 8% bearish candle yesterday. Nonetheless, the post-retest reversal from the aforementioned support and the 100-day EMA teases an upcoming consolidation to contract the trend momentum.
Additionally, the rising trading volume supports the bullish reversal, increasing the uptrend continuation possibility above the $0.000014 level.
Currently, the Shiba Inu trades at the $0.00001236 mark and resonates within crucial levels and EMAs, with a higher probability of a bullish breakout. Thus, if this theory worked out, the Shiba Inu price could continue the uptrend by 38% and attain the high of $0.000017.
On a contrary note, if the profit booking rally starts, the der Altcom price will breach the underlying support and slump to $0.00001.
Technesch Luucht
Relativen Kraaft Index- de deeglech-RSI slope reverted from the overbought region, indicating the prices are stabilizing from prithe or rally
EMA- the Shiba Inu price is wobbling between the 100-and-200-day EMA. However, a potential bullish crossover between the 20-and-50-day EMAs should encourage the resumption of the bull run.
Shiba Inu Präis intraday Niveauen
- Spotpräis: $ 0.00001236
- Trend: Bullesch
- Volatilitéit: niddereg
- Resistenzniveauen - $ 0.000014 an $ 0.000015
- Ënnerstëtzungsniveauen: $ 0.00000119 a $ 0.00000976
Dee presentéierten Inhalt kann d'perséinlech Meenung vum Autor enthalen an ass ënner Zoustand vum Maart. Maacht Är Maartfuerschung ier Dir a Kryptowärungen investéiert. Den Autor oder d'Publikatioun huet keng Verantwortung fir Äre perséinleche finanzielle Verloscht.
Source: https://coingape.com/markets/should-you-buy-this-potential-pullback-in-shiba-inu-price/