Shiba

Shiba Inu

Daily

Coin

<ul class="news-points"> 
 <li>Shiba Inu (SHIB) surged over the past 24 hours and rose above $0.00001.</li> 
 <li>The meme coin has pulled back to trade below the $0.00001 resistance level at press time.</li> 
 <li>Technical indicators suggest that SHIB’s slight correction may be followed by another leg up to above $0.00001.</li> 
</ul> 
<a href="https://coinedition.com/tag/Shiba-Inu-SHIB/">Shiba Inu (SHIB)</a> surged over the past 24 hours and was able to briefly break above the $0.00001 threshold. Since then, it has corrected to trade below this significant price point. Despite this, technical indicators on the meme coin’s chart suggest that it could close a daily candle above $0.00001 soon. This may then give it the foundation to continue climbing. 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/S0qm72-jdkW33-4fXI8TFM7vM33uQXbhppj2mFDwHtyP73rz13NM04zrkF8OiA-zs6xDn7-JCXC_bAKDNxvyJmd5fBr_Z4AdYabKlgPx6TCtake1GiZBdBzWaMKOJOGolSEr2AZtcjchoAoi17QicEo" alt="" style="width: 100%;height:auto">
 <figcaption class="wp-element-caption">
 Daily chart for SHIB/USDT (Source: <a href="https://www.tradingview.com/x/IzRJpcPG/" target="_blank" rel="nofollow">TradingView</a>)
 </figcaption>
 </figure>
</div> 
SHIB was able to break above the $0.00000925 resistance level throughout the past 72 hours. This strong price movement continued, as SHIB temporarily surged through the $0.00001 barrier during yesterday’s trading session. In the past 24 hours, the meme coin was able to reach a peak of $0.1070. It has since undergone a correction to trade below $0.00001.&nbsp; 
Technical indicators on the cryptocurrency’s daily chart suggested that there was still enough fuel in the tank for SHIB …
The post <a href="https://coinedition.com/shibs-latest-resurgence-could-see-it-close-above-0-00001/">SHIB’s Latest Resurgence Could See It Close Above $0.00001</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

SHIB’s Latest Resurgence Could See It Close Above $0.00001

Coin Edition

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