After a surge in popularity of meme coins in March, cryptocurrencies have seen a notable price decline over the past week.
In particular, Shiba Inu (SHIB) has been following a downward trajectory, trading below previously solid support levels.
Despite a decline of approximately 18.96% over the past week, bringing the price of SHIB to around $0.000023 as of April 19, there has been a recent upswing. From its lowest level of $11.36 billion on April 13, Shiba Inu has displayed resilience, reclaiming some lost ground over the past five days.
SHIB 7-day price chart. Source: Finbold
In the last 24 hours, the price has climbed nearly 4%; however, this slight improvement is balanced by the fact that SHIB’s market capitalization has experienced a notable decline over the last week decreasing from over $16 billion to approximately $13 billion.
Key SHIB levels to watch
Currently, Shiba Inu is trading around the support level of $0.000023. To keep climbing, the token needs to over
We współpracy z: https://finbold.com/ai-predicts-shib-price-for-may-1-2024/
