Shiba Inu (SHIB) price is trading with a bullish bias after a steep 10% fall beginning in late August. After finding support, the meme coin is brewing
to confront the first hurdle at $0.00000828, presented by the 50-day Exponential Moving Average .
Santiment data’s active deposit and exchange inflow metrics have recorded significant increases, with the trajectory often pointing to the intention to sell. When holders move their assets to exchanges, it is often because they plan to liquidate them for cash or trade them for better prospects. The ensuing selling pressure from the 920.02 trillion addresses looking to escape further losses, could see Shiba Inu price decline, possibly retracing to the $0.00000718 support level.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Shiba Inu (SHIB) Burn Rate up 721% in Attempt to Break Vicious Price CycleMillions of SHIB incinerated as burn rate prints biggest weekly jump
Consulte Mais informação »
Here's Why Shiba Inu (SHIB) Trading Volume Crash Is Good NewsShiba Inu's crash in trading volume gives off strong signal
Consulte Mais informação »
Shiba Inu (SHIB) Sees 2,180% Spike in Whale Transactions, What's Going On?Shiba Inu whales making moves on market
Consulte Mais informação »
Shiba Inu (SHIB) Lead Establishes New Focus as Shibarium ExpandsShiba Inu lead Shytoshi Kusama reveals next steps after Shibarium relaunch
Consulte Mais informação »
Shiba Inu (SHIB) Shows Real Signs of Reversal: DataShiba Inu's bearish rally likely fading
Consulte Mais informação »
Shiba Inu (SHIB) Just Set Brand New Record: DetailsShiba Inu (SHIB) and BONE have broken completely new record
Consulte Mais informação »