Shiba Inu

The Shiba Inu (SHIUSD) token has recently faced a challenging market environment. Despite a slight increase of 1.02% (&#43;0.00000007) in its <a href="https://coinmarketcap.com/currencies/shiba-inu/" rel="noopener noreferrer nofollow">current </a>price, which stands at 0.00000692 USD, the overall trend remains negative. The token has experienced price fluctuations between a high of 0.00000694 USD and a low of 0.00000680 USD, with a closing price of 0.00000692 USD.To better understand the current state and potential future movements of SHIUSD, let&#39;s examine some key technical indicators. The MACD (Moving Average Convergence Divergence), with parameters 12, 26, and 9, currently indicates a value of -0.00000006. This suggests a bearish momentum in the market. Furthermore, the RSI (Relative Strength Index), with a period of 14 and a close value of SMA 14, stands at 30.68, indicating that SHIUSD is currently oversold.When analyzing the performance of SHIUSD across various time frames, it becomes evident that the token has been struggling. Over the past week, SHIUSD has declined by 12.18%. This downward trend continues when looking at the past month, with a decline of 21.09%. Over the past three months, the token has lost 35.45% of its value, dropping by 19.04% in the past six months. Year-to-date, SHIUSD has seen a decline of 13.07%.Read full article at<a href="https://cryptotale.org/shiba-inu-shibusd-price-dips-amid-market-volatility-what-to-expect/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Shiba Inu (SHIBUSD) price dips Amid Market Volatility; What to Expect?

CryptoTale

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