Shiba Inu (SHIB) Reaches $0.00002142 Price Level

Buyers are controlling SHIB market

Shiba Inu (SHIB) Price Analysis: 29 September

If buyers can push the price over the resistance level of $0.00002142, Shiba Inu might be able to breach the levels of $0.00002365 and $0.00002623, respectively. If sellers are successful in holding it, the price of the cryptocurrency can drop below $0.00002001 and try to test the support levels of $0.00001853 and $0.00001691, respectively.

Key Levels:

Resistance Levels: $0.00002142, $0.00002365, $0.00002623

Support Levels: $0.00002001, $0.00001853, $0.00001691

SHIBUSD

Long-term Trend: Bullish

As of right now, the Shiba Inus daily chart is trending upward. Since May 30th, sellers have dominated the SHIB market. The price was above the threshold at $0.00001691. Bearish candlestick patterns usually indicate that sellers are ready to take control of the market at any time. On August 23, the daily candle passed above the $0.00001691 price barrier, indicating that bulls had driven the price up to $0.00002001. Right now, there was a disagreement between the buyers and the sellers. Following an investigation at the designated support level, the transaction might proceed as planned.

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The current SHIB cost exceeds the Hull Suite indication. If buyers can push the price over the resistance level of $0.00002142, SHIB might be able to breach the levels of $0.00002365 and $0.00002623, respectively. If sellers are successful in holding it, the price of the cryptocurrency can drop below $0.00002001 and try to test the support levels of $0.00001853 and $0.00001691, respectively.

SHIBUSD Price Medium-term Trend: Bullish

The price chart depicts a four-hour period with an inclination in Shiba Inus. In the past two weeks, less than $0.00002001 worth of cash has been purchased and exchanged. Customers continue to frequent the stores on a regular basis despite the cheaper costs. The cost is rising and approaching $0.00002142 very closely. The price might increase if the 4-hour candle closes above the just mentioned level.

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Because bulls are pushing the market higher with a positive signal on the Hull Suite FX indicator, Shiba Inu prices are currently inclining. Additionally, there is a value in the QQE MOD that is greater than zero.

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