Shiba Inu Testing A Significant Support Zone – Bullish Breakout Ahead?

Quick Summary:

Related Reading: Ethereum Stays Within Symmetrical Pattern – Analyst Sets ETH Target Top analyst Ali Martinez has shed light on Shiba Inu’s current price structure, sharing a detailed technical analysis that pinpoints the asset’s most significant support zone between $0.0000215 and $0.0000193.

Related Reading: Dogecoin Whales Bought Over 90 Million DOGE In 48H – Details Failing to hold the $0.00002059 mark could trigger a deeper correction, with the price likely retracing to the $0.000015 support zone.

Technical Analysis: Key Levels To Watch Shiba Inu (SHIB) is currently trading at $0.00002117, showing resilience by holding the 200-day EMA at $0.00002059 as a key support level.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: United Kingdom

Topics: Shiba Inu Shiba Inu support Shiba Inu Analysis SHIBUSDT Shiba Inu Coin SHIB price action SHIB price analysis Shiba Inu (SHIB) SHIB adoption SHIB

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-31 @ 15:30:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 512 words

Reading Time: 3 minutes read

Sentences: 71 lines

Sentence Length: 8 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 24784552

View Article Analysis

About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

Frequently Asked Questions