Shiba Inu price is looking a bit heavy this morning during the European session. SHIB price rejected at $0.00004000 and could fade further into the US session. Expect liquidity to dry up with investors pulling funds out of cryptocurrencies, resulting in a further correction towards $0.00003000. Shiba Inu (SHIB) price is getting rejected at $0.00004000 as investors start to pull their funds in the wake of Christmas evening. Expect SHIB price to look heavy throughout the day as thin liquidity dictates movements. A drop towards $0.00003000 would be logical with the monthly pivot at that level and the Fibonacci level just below acting as support.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.