Shiba

Shiba Inu

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   Nov 11, 2023 at 07:23 // Price
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   <div class="avatar" style="background-image:url(/upload/resize_cache/iblock/42a/60_60_1/42aa5ec847dba7f5a2bce5378ae70614.png)"></div> <span>Author<br>Coin Idol </span>
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 <p><strong>Shiba Inu (SHIB) prices are in a sideways trend after peaking on November 6th. Today, November 11th, SHIB is trading at $0.00000832.</strong></p>
 <h2 style="text-align: justify;" id="shiba-inu-shib-price-long-term-prediction-bullish">Shiba Inu (SHIB) Price Long Term Prediction: Bullish</h2>
 <p style="text-align: justify;">The Shiba Inu tested the resistance at $0.00000860 twice before entering the sideways trend. The price of the altcoin has moved between $0.00000800 and $0.00000860 in the last five days.</p>
 <p style="text-align: justify;">SHIB will continue its rise once the bulls can break through the current price level and move to a high of $0.00000918. If the bears break below the support level of $0.00000800, the decline will resume. SHIB will fall much further and reach the low of $0.00000750.</p>
 <h2 style="text-align: justify;" id="analysis-of-the-shiba-inu-indicator">Analysis of the Shiba Inu indicator</h2>
 <p style="text-align: justify;">SHIB has started to move sideways. The price bars on the 4-hour chart are bouncing below and above the sloping moving average lines. The price bars have retraced above the moving average lines, indicating that the cryptocurrency will continue to rise.</p>
 <p style="text-align: justify;"><img width="1024" alt="SHIBUSD_(Daily Chart) – Nov. 10.jpg" src="https://cdn.thebittimes.com/images/2023/11/11/041d0f6afae5dc5503245c52361cd801.webp" height="535" title="SHIBUSD_(Daily Chart) – Nov. 10, 2023"><br></p>
 <h3 style="text-align: justify;" id="technical-indicators">Technical indicators</h3>
 <p style="text-align: justify;">Key resistance levels: $0.00001200, $0.00001300, $0.00001400<br> Key support levels: $0.00000600, $0.00000550, $0.00000450</p>
 <h2 style="text-align: justify;" id="what-is-the-next-move-for-shiba-inu">What is the next move for Shiba Inu?</h2>
 <p style="text-align: justify;">SHIB/USD has been in a sideways trend since November 6. The cryptocurrency is trading in a price range of $0.00000800 to $0.00000860. The breakout from the trading range will determine whether SHIB moves up or down. The current trading range will remain in place for a few more days.<br> <br> <img width="1024" alt="SHIBUSD (4 Hour Chart) – Nov. 10.jpg" src="https://cdn.thebittimes.com/images/2023/11/11/bd5f283481e05fe9ea0f7b502b9a0f7d.webp" height="506" title="SHIBUSD (4 Hour Chart) – Nov. 10, 2023"><br></p>
 <p style="text-align: justify;"><i>Disclaimer. This <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.</i></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shiba-inu-price-is-trapped-moving-in-a-range-of-0-0000086-tbt69937.html">https://thebittimes.com/shiba-inu-price-is-trapped-moving-in-a-range-of-0-0000086-tbt69937.html</a></p>

Shiba Inu Price Is Trapped; Moving In A Range of $0.0000086

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