COINPEDIA

SHIB price moves away from the bullish trends of today

FTX:SHIBUSD   Shiba Inu / USD
Currently, the SHIB price failed to keep up its earlier momentum and is seen falling into a bearish trap. In the early hours the price surged significantly, moved to $0.00001012 crossing the $0.00001 mark. When the price was expected to surge higher, the tables turned and SHIB got some bears in hand. Currently the price is dipping and the price change from earlier today is 9% where it dropped to $0.0000097. The buying pressure is starting to aggravate and RSI is dipping off towards 40 . SHIB may plunge hard in coming hours and dip to $0.000009, if momentum is lost further.

Resistance level at $0.0000099
Support level at $0.00000931

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