Cryptos Ranking logo Cryptos Ranking logo
CoinGape 2021-11-06 09:55:23

SHIB Price Analysis: Shiba Inu Bearish Outlook Set to Continue

SHIB price meets resistance at the 50-SMA to delay a bullish breakout through the descending parallel channel. The SuperTrend indicator continues to hold above the price to confirm this bearish outlook. SHIB Price continued the downtrend following resistance around $0.00006261. The correction is price was driven by the development that expected SHIB listing on Kraken The post SHIB Price Analysis: Shiba Inu Bearish Outlook Set to Continue appeared first on Coingape.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.