sekar nallalu Cryptocurrency,Latest News,Price Analysis Shiba Inu Faces Volatility Amid Bearish and Bullish Tug-of-War

Shiba Inu Faces Volatility Amid Bearish and Bullish Tug-of-War

0 Comments

Indicators like RSI remain neutral at about 50 indicating equilibrium between bears and bulls whereas moving averages continue sloping downwards signaling bearish dominance prevailing in the market now; should SHIB overcome SMA resistance more decisively then it might initiate better recovery otherwise failure could lead towards retesting lower supports ($0.000015 or possibly $0.000012 if the selling pressure intensifies).

Additionally, negative territory below the midline of the relative strength index (RSI), trending down moving averages also implies a strong bearish regime thus SHIB traders look out for signals on the break of this support line, potential slide to $0.000012 or even just above $10 percent may be in sight.

Buy cryptocurrency



Source link

Refer And Earn Demat Account – Get ₹300 | Referral Program

Open Demat Account In Angel One For FREE

Leave a Reply

Your email address will not be published. Required fields are marked *