Resistance

Shiba Inu

Coin

<ul class="news-points"> 
 <li>SHIB price surges post-upgrade despite facing resistance.</li> 
 <li>Overbought signals hint at a possible SHIB pullback.</li> 
 <li>Rising trading volume and RSI momentum suggest SHIB’s bullish potential.</li> 
</ul> 
<a href="https://coinedition.com/tag/shiba-inu-shib/" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a> market has enjoyed bullish momentum after Shibarium’s fourth <a href="https://twitter.com/Shibtoken/status/1693890252987834741?s=20" target="_blank" rel="noopener noreferrer nofollow">upgrade</a> on August 22, with bulls taking the upper hand. However, early in the day, bullish strength faded, resulting in a negative plunge to a 24-hour low of $0.000007744 before support reemerged. However, buyers battled back and wiped out the negative trend, sending the <a href="https://coinedition.com/shiba-inu-shib-price-prediction/" rel="noopener noreferrer nofollow">SHIB price</a> soaring to an intraday high of $0.000008279 before encountering resistance. 
The bulls were still in charge of the Shiba Inu (SHIB) market at press time, resulting in a 3.60% gain from the 24-hour low to $0.000008222. A break over the $0.000008279 resistance level might establish SHIB’s next target at $0.0000085 while failing to do so could result in a retest of support at $0.0000078. 
SHIB’s market capitalization climbed by 3.05% to $4.85 billion, while its 24-hour trading volume increased by 6.70% to $192.98 million, displaying rising market optimism. This increase in market capitalization and trading volume reflects incr… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/shiba-inu-shib-price-hikes-post-upgrade-will-the-resistance-hold/">Shiba Inu (SHIB) Price Hikes Post-Upgrade, Will the Resistance Hold?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Shiba Inu (SHIB) Price Hikes Post-Upgrade, Will the Resistance Hold?

Coin Edition

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