Shiba Inu (SHIB) Price May Decline to $0.0000097 Support Level

Azeez Mustapha


Unlock Daily Forex Signals

Select a Plan


1 - month



3 - month



6 - month






Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

Sellers are ruling SHIB market

Shiba Inu (SHIB) Price Analysis: 05 March

In case the cryptocurrency is able to successfully decline below $0.0000097, it might reach levels of $0.0000073 and $0.0000054 support levels. SHIB may rise to the resistance levels of $0.000013, $0.000015, and $0.000016 if the $0.0000097 support level holds.

Key Levels:

Resistance Levels: $0.000013, $0.000015, $0.000016

Support Levels: $0.0000097, $0.0000073, $0.0000054

SHBUSD Long-term Trend: Bearish

Shiba Inu is bearish on the daily chart. The cost ranged between $0.0000073 and $0.0000097 last December. On 13 January, the coin increased to a high of $0.000015 after breaking up $0.0000097 and $0.000013 levels. The sellers argued in favor of the indicated level. The prior support level of $0.000013 was breached downside. The price penetrates the dynamic support levels downside and it is currently heading toward $0.0000097 support level.

The 9-period and 21-period EMAs are above the price of Shiba Inu. In case the cryptocurrency is able to successfully decline below $0.0000097, it might reach levels of $0.0000073 and $0.0000054 support levels. The price may rise to the resistance levels of $0.000013, $0.000015, and $0.000016 if the $0.0000097 support level holds. The period 14 signal line for the Relative Strength Index is heading downward at level 37, indicating a sell.

SHIBUSD Price Medium-term Trend: Bearish

Shiba Inu is bearish on the 4-hour chart. The cryptocurrency bounced up from the support level of $0.0000073 on 13 January. That was a bullish breakout from the ranging movement. The $0.0000097 resistance level was broken upside and the price increased to the resistance level of $0.000015 on 04 February. Sellers defended the just-mentioned level and the price is declining at the moment.

Shiba Inu is trading below the dynamic support levels, indicating a bearish movement. The Relative Strength Index is leaning downward at 33, signaling a sell.

You can purchase Lucky Block here.  Buy LBLOCK


  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

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