What's Hot

    Twitter Suspends Doge Tipping Tool

    03.02.2023

    Orion Protocol Lost $3 Million in Cryptocurrency in an Exploit

    03.02.2023

    By the end of 2023, Ether may exceed $2,000

    03.02.2023
    Facebook Twitter Instagram
    Friday, February 3
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Analytics»SHIB moves towards support level
    09b049388f67da034506db86bbefc67dafd3dedf
    Analytics

    SHIB moves towards support level

    AdministratorBy Administrator05.01.2022No Comments1 Min Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    It looks like the SHIB correction will continue for some time. Over the past week, the price of the cryptocurrency has dropped 7.3%, and now the bears are targeting an important support level.

    Key support: $ 0,000030.

    Key resistance: $ 0,000038.

    Why is the specified support level at $ 0.000030 important? It proved to be stable after the recent decline in December, however buyers should be more active or SHIB could fall even lower.

    SHIB moves towards support level

    Trading volume: This indicator remains low, which casts doubt on the desire of the bears to lower the price.

    RSI: daily RSI is already below 50 pips and continues to fall. The RSI has hit a bottom low, indicating that buyers can save the SHIB at the support level.

    MACD: Today the daily MACD has formed a bearish cross. This is bad news for the bulls, they will need to show strength as any weakness could cause the SHIB to fall further below the current support level.

    1641403634 357 SHIB moves towards support level

    The sideways movement of the SHIB during the New Year holidays ended and the price resumed the downtrend. Traders should pay attention to maintaining the support level.




    #SHIB #moves #support #level

    level moves SHIB support
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Why BTC has already gone into a bull market phase – on-chain

    03.02.2023

    The meme token rally has stopped. What does it mean?

    03.02.2023

    ETH Climbs Above $1,670 Level After Significant Gain

    03.02.2023

    The bitcoin rate is on the verge of a deep correction or a new wave of growth

    03.02.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • Twitter Suspends Doge Tipping Tool
    • Orion Protocol Lost $3 Million in Cryptocurrency in an Exploit
    • By the end of 2023, Ether may exceed $2,000
    • “Bitcoin is the only protection for money from inflation and currency devaluation”
    • Sberbank to begin alpha testing of DeFi platform in March
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.