Will SHIB Recent Price Action Lead to Sustained Gains?

Quick Summary:

Shiba Inu (SHIB) has been experiencing a surge as Bitcoin hit a three-month high, pushing past the $71,000 mark.

It jumped 11% in the past 24 hours, with trading volume up 199%.

Meanwhile, The nine-day exponential average (EMA) is at $0.0001873 and the daily RSI (Relative Strength Index) is at 55, indicating that it is in a neutral position.

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Article Details

Author / Journalist: Janani

Category: Crypto

Markets: United Arab Emirates

Topics: Editors News Cryptocurrency Altcoin Meme Coin Investing News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 12:14:48 (2 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 291 words

Reading Time: 2 minutes read

Sentences: 26 lines

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Copyright Owner: © TheNewsCrypto

News ID: 23328798

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 11 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 15 hours ago

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