Crypto World

Analysis of Shiba Ino today, 10 September 1403

Shiba Ino's analysis shows that the price of this digital currency must reach the level of $0.000015 to continue its growth.

According to Cointelegraph, Shiba Inu's weak price return

SHIB:

Its upward trend line indicates the weak purchasing power of buyers.

Analysis of Shiba InoAnalysis of Shiba Ino
Analysis of Shiba Ino

Sellers try to use these conditions to their advantage and drag the price of Shiba Inu below the upward trend line. If they succeed, the price of Shiba Inu could drop to $0.000012. This level is very important for buyers. If the price of Shiba Inu falls below this level, the probability of its fall will increase to $0.000010.

On the other hand, buyers should be able to push the price above the 50-day simple moving average (red wave, $0.000015). In this case, it can be claimed that the sales pressure of Shiba Inu has been reduced. In this case, the price of Shiba Inu can grow up to the breakout level of $0.000020.

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Mhd Narayan

Bringing over 8 years of expertise in digital marketing, I serve as a news editor dedicated to delivering compelling and informative content. As a seasoned content creator, my goal is to produce engaging news articles that resonate with diverse audiences.

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