Shiba Inu (SHIB) - Bearish Short Term

Shiba Inu (SHIB) has fell below the 20-day EMA (£0.000022) on April 2, indicating that the bears remain active and the price could likely push Shiba down towards the £0.000019 mark near the 50-day EMA.

If the price rebounds off this level, the bulls will attempt to push the price to £0.000026. A break and close above this level will be the first sign that the bulls are on a comeback. The momentum may then attempt a rally to £0.000030.

Chart PatternscoinbaseTechnical IndicatorsshibshibashibagbpSHIBGBPTrend Analysis

Disclaimer