Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
The range-bound movement in SHIB price has dropped to the support trendline of the symmetrical triangle pattern. The buyers preparing for a bullish reversal would face a steeper trendline before challenging the pattern’s key resistance.  Key technical points: The 200-day DMA has flipped to valid resistance The intraday trading volume in the Shiba Inu coin
The post SHIB Price Analysis: Descending Trendline Breakout Is Must To Revert Ongoing Downfall appeared first on CoinGape.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.