Shiba Inu (SHIB) Price May Incline to $0.0000118 Resistance 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.

Buyers are ruling SHIB market

Shiba Inu (SHIB) Price Analysis: 19 March

An increase in the buyers’ pressure will increase the price above the resistance level of $0.0000113, in which the $0.0000117 and $0.0000125 may be tested. In case the cryptocurrency is able to successfully decline below $0.0000108, it might reach levels of $0.0000106 and $0.000091 support levels.

Key Levels:

Resistance Levels: $0.0000113, $0.0000117, $0.0000125

Support Levels: $0.0000108, $0.0000106, $0.0000091

SHBUSD Long-term Trend: Bearish

Shiba Inu is bearish on the daily chart. The resistance level of $0.0000138 was tested a few weeks ago. Sellers took over the market when the price reached the high of $0.0000138 resistance level. The former support level of $0.0000125, $0.0000117, and $0.0000113 turned to resistance levels. The support level of $0.0000106 was tested on 10 March. The price bounced up to retest the resistance level of $0.0000113. Since then, the price has been ranging between $0.0000113 and $0.0000108.

The 9-period EMA is below the 21-period EMA and the price is trading between the two EMAS. An increase in the buyers’ pressure will increase the price above the resistance level of $0.0000113, in which the $0.0000117 and $0.0000125 may be tested. In case the cryptocurrency is able to decline below $0.0000108 successfully, it might reach levels of $0.0000106 and $0.000091 support levels. The period 14 signal line for the Relative Strength Index is heading upward at level 45, indicating a buy.

SHIBUSD Price Medium-term Trend: Bullish

Shiba Inu is bullish on the 4-hour chart. The cryptocurrency tested the support level of $0.00000986 on 10 March. The just mentioned level was defended by the bulls with the formation of a pin bar. The price increased toward the $0.0000118 resistance level and pulled back. Currently, it is trading within $0.0000113 and $0.0000108 levels.

Shiba Inu is trading between the dynamic support levels, indicating a bullish movement. The Relative Strength Index is leaning upward at 53, signaling a buy.

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 *