Shiba inu (SHIB) continued to move away from a recent support point on Saturday, as the price rose for a second straight day. SHIB/USD peaked at $0.000007391 earlier in the day, which comes following a low of $0.00000725 the day before. The move saw shiba inu distance itself from a floor of $0.00000710, moving closer to a ceiling of $0.00000760 instead. As the price approaches this point of resistance, the 10-day (red) moving average also nears an upward cross with its 25-day (blue) counterpart. In order to reach this point, bulls will first need to orchestrate a move beyond a ceiling of 44.00 on the relative strength index (RSI). At the time of writing this, price strength is tracking at 42.46.#ContentStar #HotTopicDiscussion
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Shiba Inu (SHIB)
Shiba inu (SHIB) continued to move away from a recent support point on Saturday, as the price rose for a second straight day.
SHIB/USD peaked at $0.000007391 earlier in the day, which comes following a low of $0.00000725 the day before.
The move saw shiba inu distance itself from a floor of $0.00000710, moving closer to a ceiling of
$0.00000760 instead.
As the price approaches this point of resistance, the
10-day (red) moving average also nears an upward
cross with its 25-day (blue) counterpart.
In order to reach this point, bulls will first need to orchestrate a move beyond a ceiling of 44.00 on the relative strength index (RSI).
At the time of writing this, price strength is tracking at 42.46.#ContentStar #HotTopicDiscussion