The price of Shiba Inu (SHIB) has recovered from its drop and rose above the moving average lines on July 13. The cryptocurrency is recovering after falling to a low of $0.00001273 on July 5.
The price of Shiba Inu (SHIB) has rallied with the bulls breaking above the 21-day SMA. In the recent price action, the bears pushed the altcoin to a low of $0.00001273 while the bulls took advantage of the dips.
Cryptocurrency analysts of Coinidol.com report, Shiba Inu (SHIB) prices have continued to fall slightly after falling below historical price levels on April 13.
The price of Shiba Inu (SHIB) has fallen below the moving average lines and is approaching the previous low from April 13. Price analysis on July 2024 by Coinidol.com.
The price of Shiba Inu (SHIB) has come under renewed selling pressure after breaking the lower price zone and falling to its previous low of $0.0000166.
Shiba Inu (SHIB) price has maintained its horizontal trend and is consolidating above the support at $0.00002200 but below the resistance at $0.00002600.