Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.
SHIB was rejected from a one-day bearish order block just above $0.00001
On-chain metrics revealed investors had cause for concern, despite soaring social media engagement
Shiba Inu [SHIB] bulls have had a profitable December so far, with the prices climbing higher than 20%. However, technical analysis showed that the recent rally ran into a bearish zone at $0.00001, with the prices dropping soon after.
The pullback retested a zone that had served as resistance just three weeks ago. It remains to be seen if this level would serve as support and keep Shiba Inu in its month-long uptrend.
Source: SHIB/USDT on
The On-Balance Volume (OBV) took a giant leap higher in early December. At that time, the prices were climbing above the $0.0000087 resistance level. This surge signified a huge increase in buying volume. The RSI also shot higher a
We współpracy z: https://ambcrypto.com/recovery-likely-for-shibs-price-heres-why-this-prediction-makes-sense/
