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Recently, Twitter and the social investment platform eToro collaborated. This collaboration will increase Twitter’s ability to access cryptocurrency trading services. The change essentially allows Twitter users to utilize “$Cashtags” to look for information about a list of available crypto assets, including Shiba Inu.
Following the search, Twitter will connect the user to the eToro platform should they decide to invest. Notably, Elon Musk once expressed on Twitter his interest in the use of cryptocurrencies as well as fiat currencies for payment. Some of the listed assets have seen tremendous growth since the invention of this breakthrough. This suggests that a rise in the value of Shiba Inu is about to occur.
Key Shiba Inu Levels To Watch – April 13
Since the price was unable to make a higher high above the $0.000015900 price level, SHIBUSD has been bearish. The degree of buying pressure dropped due to the selling pressure at $0.000012360 resistance. This led to the price’s inability to exceed the $0.000015900 price level.
The price burst through the resistance and quickly rose before coming up against the $0.000015900 supply zone. Because of the selling pressure coming from the $0.000015900 supply zone, the market structure is currently bearish. Once the consolidation phase is complete, SHIBUSD is anticipated that SHIBUSD will resume its current downtrend.
Shiba Inu Key Levels
Resistance Levels: $0.000012630, $0.000014000, $0.000015900
Support Levels: $0.000009640, $0.000009020, $0.000007790
Total Market Capitalization: $1.25T
Shiba Inu Market Capitalization: $6.55B
Shiba Inu Volume: $0.17B
Market Rank: #14
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