Is Shiba Inu Price Rally At Risk? Whale Moves 4 Trillion SHIB

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However, with the Federal Reserve signaling a steady stance on interest rates, some investors are now questioning whether SHIB’s rally can sustain its momentum or if a pullback is on the The post Is Shiba Inu Price Rally At Risk?

Shiba Inu (SHIB) price has been in a bullish rally over the last 24 hours, reaching an intraday high of $0.00002668 before encountering resistance.

Additionally, open interest in SHIB contracts has declined by nearly 3%, hinting that traders may be closing positions rather than opening new ones.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: India

Topics: Shiba inu SHIB Price 24/7 Cryptocurrency News Federal Reserve

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 23:00:42 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 529 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23593924

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About CoinGape

Main Topics: Crypto

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