SHIBA Bulls In A Tough Spot With Bears
Shiba Inu has a market cap of $12.8 Billion and is ranked 11th in the CMC. The volume of the asset price has observed a surge in the overall volume with a VM ratio of 0.05. It is suggesting a weak consolidated pattern in the price. SHIBA is currently trading near the value of $0.00002184 with a loss of over 10% in the intraday session.
SHIBA is currently forming a strong bearish candle on the daily chart. It is trading below the 50 and 100 EMA and can see a negative crossover in the future. The upside trend of the SHIBA can see a halt near the value of $0.000035. Meanwhile, the support of the asset price can be observed near $0.0000185.
The RSI of SHIBA is currently near 37 with a negative slope in it. The overall sentiment of the RSI is bearish in nature.
SHIBA is currently forming a strong bearish candle on the daily chart. It is trading below the 50 and 100 EMA and can see a negative crossover in the future. The upside trend of the SHIBA can see a halt near the value of $0.000035. Meanwhile, the support of the asset price can be observed near $0.0000185.
The RSI of SHIBA is currently near 37 with a negative slope in it. The overall sentiment of the RSI is bearish in nature.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.