Shiba Inu Breaks Past Key Resistance as Price Surges
Main Idea
Shiba Inu (SHIB) has recently surpassed a key resistance level at $0.00001500, with technical indicators suggesting potential further gains towards $0.00002.
Key Points
1. Shiba Inu broke the $0.00001500 resistance and is now targeting $0.00001720, with the next psychological barrier at $0.00002.
2. The price surge is supported by volume-backed purchases, with the 50 EMA crossing above the 100 EMA, indicating bullish momentum.
3. RSI data shows strong buying interest, and market sentiment is positive, partly due to a stable Bitcoin environment.
4. A daily close above $0.00001720 could further confirm the bullish trend for SHIB.
Description
Shiba Inu breaks through the $0.00001500 ceiling towards $0.00002. Volume-backed price movements push it past key resistance levels. Continue Reading: Shiba Inu Breaks Past Key Resistance as Price Surges The post Shiba Inu Breaks Past Key Resistance as Price Surges appeared first on COINTURK NEWS .
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