Shiba Inu (SHIB) Price May Continue a Bullish Trend

SHIB price may break above $0.000015 level

Shiba Inu (SHIB) Price Analysis: 27 July

If buyers can push the price above the $0.000015 mark, Shiba Inu might be able to break through the resistance levels of $0.000017 and $0.000020, respectively. If sellers are successful in holding the cryptocurrency, the price may drop below $0.000013 and try to test the support levels of $0.000012 and $0.000011, respectively.

Key Levels:

Resistance Levels: $0.000015, $0.000017, $0.000020

Support Levels: $0.000013, $0.000012, $0.000011

SHIBUSD

Long-term Trend: Bullish

There is a definite bullish reversal indicator on the Shiba Inu daily chart. The SHIB market has been dominated by sellers since May 11. At $0.000011, the price surpassed the threshold. Bearish candlestick patterns were frequently used to signal the market’s selling dominance. The price fell below $0.000010 due to the bears’ fervor. After a review at the designated support level, the buyer’s option was added to the transaction. The market is currently displaying a definite bullish trend close to the $0.000013 barrier level. When prices rise above the starting point, buyers take control and force the price to break by $0.000013.

The present SHIB cost satisfies the Hull Suite indication. If buyers can push the price above the $0.000015 mark, the price might be able to break through the resistance levels of $0.000017 and $0.000020, respectively. If sellers are successful in holding the cryptocurrency, the price may drop below $0.000013 and try to test the support levels of $0.000012 and $0.000011, respectively.

SHIBUSD Price Medium-term Trend: Bullish

Shiba Inus’s four-hour price increase is displayed in the pricing chart. Over the past week, the currency has been bought and sold for more than $0.000011. Customers continue to frequent the stores in spite of the price reduction. Before falling below 0.000010 once more, the price dropped and tested the $0.000011 barrier. After the 4-hour candle closed above $0.000012, the price tested $0.000013.

As a result of bulls pushing the market higher with a positive signal on the Hull Suite FX indicator, Shiba Inu prices are currently climbing. Additionally, there is an integer larger than zero in the QQE MOD.

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