Shiba

Shiba Inu

Coin

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   Nov 18, 2023 at 11:11 // 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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 </div> <img class="page-news__main-pic lazy-load-detail-picture" src="https://coinidol.comdata:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=" data-lazy-src="https://coinidol.com/upload/resize_cache/iblock/3fe/900_900_1/30jwzv6ws4e7nb0thcxocc6nd808izq2.jpg" width="900" height="563" alt="" title="">
 <p><strong>Shiba Inu (SHIB) has reached the projected price target of $0.00000918 or the 1.618 level of the Fibonacci extension.<br> </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;">On November 11, the price of SHIB rose to a high of $0.00000961 before falling below the $0.00000910 resistance. Further gains are conceivable if the price of the cryptocurrency remains above the moving average lines. For example, if the bulls break through the $0.00000950 resistance, the altcoin will rise to a high of $0.00001100.&nbsp;</p>
 <p style="text-align: justify;">The altcoin will be forced to trade in a range between $0.00000800 and $0.00000950 if the buyers are unable to sustain the price above the current high. However, if the price of the crypto falls below the moving average lines or the $0.00000800 support, the current rise will be halted.</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;">The cryptocurrency's price bars are bouncing above the 21-day SMA with an extended candlestick tail. The extended candlestick tail indicates significant buying pressure at lower price levels. The price bars are supported by the 21-day SMA. If the support level is broken, the altcoin will fall.</p>
 <h3 style="text-align: justify;" id="technical-indicators">Technical indicators</h3>
 <p style="text-align: justify;"><b>Key resistance levels: $0.00001200, $0.00001300, $0.00001400</b></p>
 <p style="text-align: justify;"><b>Key support levels: $0.00000600, $0.00000550, $0.00000450</b></p>
 <p style="text-align: justify;"><b><img width="1024" alt="SHIBUSD_(Daily Chart) – Nov. 17 (1).jpg" src="https://cdn.thebittimes.com/images/2023/11/18/ebdc0592cda53aea18a954bb0cd26a3a.webp" height="529" title="SHIBUSD_(Daily Chart) – Nov. 17, 2023"><br> </b></p>
 <h2 style="text-align: justify;" id="what-is-the-next-move-for-shiba-inu-shib">What is the next move for Shiba Inu (SHIB)?</h2>
 <p style="text-align: justify;">SHIB/USD remains in the bullish trend zone. The uptrend has stalled at the $0.00000950 high. If buyers fail to restart the uptrend, the cryptocurrency will be forced to trade in a range between $0.00000800 and $0.00000950.</p>
 <p style="text-align: justify;"><img width="1024" alt="SHIBUSD (4 Hour Chart) – Nov. 17.jpg" src="https://cdn.thebittimes.com/images/2023/11/18/56c7d4ad56211322afb9e5a9ee6d16cb.webp" height="529" title="SHIBUSD (4 Hour Chart) – Nov. 17, 2023"><br> <br> <i><span style="color: #959595;">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.</span></i></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shiba-inu-coin-holds-at-0-0000095-as-buyers-recoup-their-investment-tbt70797.html">https://thebittimes.com/shiba-inu-coin-holds-at-0-0000095-as-buyers-recoup-their-investment-tbt70797.html</a></p>

Shiba Inu Coin Holds At $0.0000095 As Buyers Recoup Their Investment

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