Shiba

Strong

Resistance

Shiba Inu

Coin

<ul class="news-points">
 <li><strong>SHIB could double if it breaks $0.00002871 resistance, targeting $0.00004000 next.</strong></li>
 <li><strong>Strong support at $0.00001600 may sustain SHIB as consolidation hints at a potential breakout.</strong></li>
 <li><strong>SHIB’s RSI at 45.43 shows neutrality as MACD below the signal line suggests short-term downward risk.</strong></li>
</ul>
<p>Shiba Inu (SHIB) presents a potential for doubling in price, given current market trends and sentiment. The cryptocurrency, priced at $0.000017 with a 24-hour trading volume of $205 million, shows intriguing growth potential despite a recent 2.67% dip.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a> has a good potential to fill this gap. Target is around 2x from here. <a href="https://t.co/E0Wxq5hZXB" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/E0Wxq5hZXB</a></p>— $SHIB KNIGHT (@army_shiba) <a href="https://twitter.com/army_shiba/status/1817929660300136478?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 29, 2024</a>
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<p>The first level of resistance for SHIB is established at $0.00002871. This level has in the past served as a major obstacle that hinders any further promotion to a higher level. This resistance must be broken if SHIB is to have a bullish breakout.</p>
<p>Successfully breaking through $0.00002871 could pave the way for a potential price target around $0.00004000. This target aligns with previous price peaks and reflects a significant potential increase.</p>
<p>On the other hand, the immediate suppo…</p>
<p>The post <a href="https://coinedition.com/shiba-inu-faces-key-resistance-at-0-00002871-will-it-break-through/" rel="noopener noreferrer nofollow">Shiba Inu Faces Key Resistance at $0.00002871: Will It Break Through?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Shiba Inu Faces Key Resistance at $0.00002871: Will It Break Through?

Coin Edition

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