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Avoiding a return to sub-$0.0000365 would support a bullish day ahead for Shiba Inu Coin.
Following Wednesday’s positive session, a rise over $0.000040 levels would support a breakthrough. Avoiding the day’s pivot, on the other hand, would be critical.
This is the Shiba Inu Coin technical analysis. We will be looking at the previous day’s moves as well as today’s support, resistance, pivot levels, and Fibonacci’s.
Shiba Inu Coin
On Wednesday, Shiba Inu Coin increased by 1.96 percent. Shiba Inu Coin closed the day at $0.00003699, reversing a 1.39 percent loss from Tuesday.
Shiba Inu Coin plummeted to a late morning intraday low of $0.00003559 before making a move after a rocky start to the day. Shiba Inu Coin soared to a mid-afternoon intraday high of $0.00003765 after avoiding the first significant support barrier at $0.0000350.
Shiba Inu Coin broke over the 62 percent FIB of $0.0000370, although falling short of the first significant resistance level at $0.0000382. However, a late downturn saw Shiba Inu Coin drop to sub-$0.0000365 levels before regaining support. However, the 62 percent FIB pegged Shiba Inu Coin late in the day.
Shiba Inu Coin was up 0.30 percent to $0.0003710 at the time of writing. The day began with a mixed bag, with the…
