Shiba Inu

Shiba Inu price analysis indicates that the bulls are in control and have been pushing prices higher. The market opened today&#39;s section, trading in bearish pressure with sellers trying to bring prices down. However, the buying pressure returned, and prices started climbing again. At press time, the SHIB price is hovering around $<a href="https://coinmarketcap.com/currencies/shiba-inu/" rel="noopener noreferrer nofollow">0.0000076</a>, with a surge of 2.49% in the last 24 hours.The strong resistance level for the token is seen at $0.000007639, which is currently an intraday high. Meanwhile, the support level is at $0.000007273, which was texted earlier today when selling pressure was strong. If the bullish momentum continues, the SHIB coin is likely to break through the resistance level of $0.000007700 and reach new highs; on the downside, the coin may fall to its immediate support level of $0.000007200 if selling pressure intensifies.Currently, the circulating supply of SHIB is 589,348,032,377,834. Over the past 24 hours, the market capitalization has increased slightly to reach $4,311,499,677, ranking it at No.19 according to market cap. The trading volume of the cryptocurrency has slightly increased in the past 24 hours and is currently at $125 million, up by 44.29 percent.Read full article at <a href="https://cryptotale.org/bullish-pressure-drives-shib-market-as-buying-pressure-rises/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Bullish Pressure Drives SHIB Market as Buying Pressure Rises

CryptoTale

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