Shiba Inu (SHIB) May Surpass $0.00001684 Level

Buyers are dominating SHIB market

Shiba Inu (SHIB) Price Analysis: 25 August

The levels of $0.00001855 and $0.00002011can be broken by SHIBUSD if buyers are able to drive the price above the $0.00001684 resistance level. The price of the crypto currency can decrease over $0.00001535 and attempt to test the support levels of $0.00001386 and $0.00001260, respectively, if sellers are successful in holding it.

Key Levels:

Resistance Levels: $0.00001684, $0.00001855, $0.00002011

Support Levels: $0.00001535, $0.00001386, $0.00001260

SHIBUSD

Long-term Trend: Bullish

The Shiba Inus daily chart is now showing an inclining trend. The SHIB market has been dominated by sellers since May 30th. The price passed the threshold at $0.00001386. In general, bearish candlestick patterns suggest that sellers are prepared to dominate the market at any moment. The $0.00001260 price barrier, which was the price at which bulls pulled the price above $0.00001535, was broken by the daily candle on August 23. There was a dispute going on right now between the sellers and purchasers. After the mentioned resistance level was investigated, the transaction went through as expected.

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The SHIB pricing is currently higher than the Hull Suite crypto indicator. The levels of $0.00001855 and $0.00002011can be broken by SHIB if buyers are able to drive the price above the $0.00001684 resistance level. The price of the crypto currency can decrease over $0.00001535 and attempt to test the support levels of $0.00001386 and $0.00001260, respectively, if sellers are successful in holding it.

SHIBUSD Price Medium-term Trend: Bullish

The four-hour pricing chart shows an increase in Shiba Inu values. Less than $0.00001386 worth of cash has been bought and sold in the last two weeks. Even with the lower costs, customers still regularly visit the stores. The price is increasing and getting very near to $0.00001684. If the 4-hour candle closes over the $0.00001535 barrier level, the price may rise.

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Shiba Inu prices are currently climbing as bulls are driving the market higher with a positive signal on the Hull Suite FX indicator. Furthermore, the QQE MOD has a value that is higher than zero.

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