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.
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.
All the contents of Eviralnews, including news, articles, analysis, introduction of Telegram games or airdrops, are published with the sole purpose of educating or informing users of the digital currency space. Eviralnews does not have any recommendations for investment, buying and selling or participation in projects related to this field and only produces content according to the request of the Iranian cryptocurrency community. Activities in the digital currency market, like other financial markets, are associated with risks, and it is necessary for each person to make a decision to operate in this area by researching and fully accepting the responsibility of these possible risks.