The price of Shiba Inu (SHIB) has risen above the moving average lines for the fourth time as it recovers from the low of the chart. SHIB is currently trading above the moving average lines.
The price of Shiba Inu (SHIB) has fallen further above the moving average lines. The bulls and bears are trying to hold above the 21-day moving average as the cryptocurrency continues to lose ground.
The price of Shiba Inu (SHIB) has resumed its uptrend as it pulls back and finds support above the moving average lines. During the initial surge, the altcoin peaked at $0.00002167 before being pushed back.
The price of Shiba Inu (SHIB) is facing another setback as it recovers from its previous dip. SHIB had previously recovered and reached a high of $0.00002167.
The best performing cryptocurrencies are either above or below the moving average lines. Altcoins above the moving average lines tend to return to their previous highs.