Shiba Inu Price to Escape End 5 Month Correction with this Breakout

Quick Summary:

S trading hours, the cryptocurrency market witnessed a quick spike in supply pressure, reflected in Bitcoin’s sudden reversal from $70000.

On Monday during U.

This downtrend can be attributed to overhead supply pressure from the resistance trendline of the falling wedge pattern.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Shiba inu price analysis Price Analysis SHIB Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 18:15:56 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 425 words

Reading Time: 3 minutes read

Sentences: 41 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 21832690

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 38 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

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Publisher ID: #59

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