Breaking Coin | Shiba Inu (SHIB) Price Growth Denied Again

Shiba Inu (SHIB) Price Growth Denied Again Click to Buy All Coins with 10% Commission Discount with Credit or Debit Card. Mexc https://bit.ly/40fDloQ , Bitget https://bit.ly/3EvMUo1, Click link https://u.today/shiba-inu-shib-price-growth-denied-again to read the original text on U.Today ( News, Price Analysis, Trading Guide, Crypto ) _______________ Shiba Inu's price performance was recovering at solid pace, but things turned around quickly Shiba Inu's price has been repeatedly rejected at significant resistance levels, which has caused it to struggle with upward momentum. The asset is stuck in a difficult range that indicates persistently negative market sentiment despite efforts to regain its bullish footing. With a current price of $0.00002125, SHIB has not been able to overcome important resistance levels, especially the 26 and 50 EMA, which serve as a robust ceiling on price growth. Shiba Inu's attempts to buck the recent downward trend have yet again failed. A strong support zone in the past, the asset is currently trading close to its 200 EMA. A clear break below this level might signal the beginning of a more severe decline, which might push SHIB closer to its next important support level at $0.00001881. On the other hand, regaining the 50 EMA would indicate fresh bullish momentum, but the volume that has been absent from recent attempts indicates that traders are still being cautious. A lack of significant buying pressure is indicated by the recent rejection at resistance levels. The Relative Strength Index (RSI) is currently in the neutral zone, suggesting that traders are unsure of what to do. Before a final decision is made, this situation may result in more consolidation. Selling pressure may increase and push SHIB closer to the $0.00001881 support zone if the 200 EMA declines. More losses are likely if this level does not hold. SHIB needs to break above $0.00002272 with significant volume in order to buck the trend. A test of greater resistance at $0.00002489 may result from this. Shiba Inu is still under pressure for the time being, and its future course is largely dependent on maintaining crucial support zones or breaking through important resistance levels. Traders are advised to exercise caution and patience while they wait for more distinct signals. _______________ #shiba inu, shibaswap, bone token, you can find breaking news, analysis, comments on cryptocurrencies on this channel, please subscribe to not miss the next shiba inu news. #shib burn, shiba burn, shiba inu price, shiba stake, shibaswap, #shibarium, shiba inu analysis _______________ ___________ Disclaimer, The information provided on this video does not constitute investment advice, financial advice, trading advice, for informational purposes only, you should not treat any of the video's content as such. Please, consult your financial advisor before making any investment decisions. #breakingcryptonews