The instantaneous depreciation of cryptocurrencies led to risky price movements in memecoins, Shiba Inu ( SHIBWhat’s the latest for )?
coinbaseAnd Binancestating that he filed a lawsuit against SEC created a serious loss of value in cryptocurrencies. Especially in the memecoin ecosystem, there has been serious activity. Among these coins SHIB The technical structure formed in . SHIB may pave the way for a rise of close to 20 percent. How is the chart progressing on behalf of SHIB?
Could the Shiba Inu (SHIB) Increase By 18 Percent?
SHIB, which has been in a bearish trend for a long time, has fallen further as the SEC has taken a hit on cryptocurrencies. Looking at the current situation, SHIB, which broke the falling channel and tested an upper resistance, could not maintain this value. Finding a buyer from an alt support, memecoin seems to be on its way to $0.00000844.
A break of the $0.00000844 resistance for SHIB could signal an 18% rise. At the same time, how the memecoin frenzy progresses is critical. The resistance points for SHIB are 0.00000844 – 0.00000920 – 0.00000972 and $0.000010 respectively. Support values are $0.00000774 and $0.00000751.
