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CryptoNewsZ 2023-10-18 08:54:09

Unraveling the Journey of Shiba Inu: Can SHIB Reach $1?

As of the time of this analysis, Shiba Inu (SHIB) is trading at $0.0000069. The price reflects a prolonged consolidation phase, with support at $0.000006 and resistance at $0.000011. Additionally, SHIB’s current price is trailing below the 50-day Exponential Moving Average (EMA), indicating a short-term bearish sentiment. The Relative Strength Index (RSI) hovers around 40, …

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