Schwäch am SHIB's Trend Reversal, TAMA gëtt ëmmer méi waarm

SHIB is attempting to reverse it’s current downtrend. However, this attempted reversal seems weak. This is portrayed on trading indicators and calls for closer examination.

Dem Shiba Inu seng Prognosenstatistikdaten:
Shiba Inu ass haut um 0.00001072 $
SHIB Maartkapital: $ 5.94 Milliarden
Shiba Inu zirkuléierend Versuergung: 549.06 Milliarden
Shiba Inu’s total supply: 589.74 trillion
SHIB's Coinmarketcap Ranking: #14

Major Wäert Marken:
Resistenz: $ 0.00001072, $ 0.00001120, $ 0.00001175
Ënnerstëtzung: $0.000050, $0.00001020 $0.000010000

SHIB Is Attempting to Reverse Trend, TAMA Is Trending

Since around the 12th of this month, SHIB/USD daily Price movement keeps moving downwards towards lower supports. Also, there have been attempts by buyers to initiate a reversal, which eventually failed. Looking at the daily chart, it appears that price action has reached a strong support, which appears to have triggered some buy orders. Consequently, this has resulted in the formation of the last bullish candle. Furthermore, the Stochastic Indicator curves are crossing each other in the oversold. At this point, this will result in an uptrend. Therefore, traders can trap the upcoming trend, by placing a pending buy at around $0.00001110.

Price Analysis for Shiba Inu: Buyers Are Battling Hard in SHIB/USD Market

SHIB/USD four-hour chart reveals the tussle between buyers and sellers. However, it looks like buyers managed to stay on top in this fight. Furthermore, this has resulted into price getting to where it is. The last green candle on this chart managed to touch the MA of the Bollinger indicator which agrees with the possibility of further price increase.

Kaaft Shiba Inu Elo

Äert Kapital ass a Gefor

The RSI further portrays the struggle between bears and bulls. This is revealed in the irregular movement of its lines as it moves upwards. Although this market seems fragile, since the RSI has now reached significantly into the overbought, we may expect the price to move further upwards. Traders can anticipate the price level of $0.00001140 to be reached.

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Tamadoge - Spill fir Meme Coin ze verdéngen

• Verdéngt TAMA a Schluechte mat Doge Hausdéieren
• Capped Versuergung vun 2 Milliarden, Token Burn
• Virverkaf huet $ 19 Milliounen an ënner zwee Méint gesammelt
• Upëff ICO op OKX Exchange