Shiba Inu Luptă de preț la 200 EMA, cum vor propulsa Bulls Meme-coin înainte?

• Shiba Inu price is drawing a strong bearish candle in the intraday trading session.
• The 200-day exponential moving average is acting as a major bullish barrier for the bulls.
• SHIB crypto’s market cap fell 5.6% to $6.7 billion in the last 24 hours.

Shiba Inu price trend was caught by sellers near the 200-day exponential moving average on the daily price scale. From October 30, buyers are facing a narrow market.

At the time of writing, Shiba Inu price is trading at $0.000001222 against the USDT pair. Bears look aggressive in intraday trading session so mem-coin price is down 5.06% so far. Although the bears try to dominate the Shiba Inu price trend, this selloff is viewed as a short-term selloff, and a breakout at the next support levels may occur.

Similarly to the USDT pair, the Shiba Inu price together with Bitcoin match is down 5.14% at 0.000000000598 satoshis. Bitcoin price is slipping towards $20K support level, may drive meme-coin bearish trend. Meanwhile, the market cap of SHIB crypto plumped 5.6% at $6.7 Billion in the last 24 hours. 

Now the key volatility zone of $0.000010 flipped into vital support if selling continued ahead. Besides, the $0.0000150 level is the next barrier for bulls. Undoubtedly, the crypto price trend forms the higher-lows price pattern in the 4 hours price chart.  

In the context of the daily price scale, the 200-day exponential moving average is acting as a major bullish barrier for the bulls. Moreover, if the bears dominate the meme-coin trend, the 20,50 and 100 EMAs are the next support levels.

Stock RSI is closing in for a price correction phase. Buyers should wait for a rebound from the oversold levels. Conversely, the MACD is expanding further into the positive zone with a strong histogram.

Concluzie

Shiba Inu price is inching toward a retest of the 100 Day Exponential Moving Average. Although the Stoch RSI is standing at the entrance of a bearish entry, the bears are likely to step in to attempt a selloff once again.

Nivel de suport - $ 0.000010 și $ 0.000007

Nivel de rezistenta - $ 0.000015 și $ 0.000018

Declinare a responsabilităţii 

Părerile și opiniile exprimate de autor sau de orice persoană menționată în acest articol sunt doar pentru idei informative și nu stabilesc sfaturi financiare, de investiții sau de altă natură. Investiția în sau tranzacționarea activelor cripto implică un risc de pierdere financiară.

Ultimele postări de Ritika Sharma (vezi toate)