Member-only story
Shiba Inu Coin — A return to $0.000035 is required to avoid a pullback.
Following Saturday’s minor gain, a move back through $0.000035 levels is required to prevent a day in the negative.
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 Saturday, Shiba Inu Coin increased by 2.93 percent. Shiba Inu Coin finished the day at $0.00003445, somewhat correcting a 3.40 percent drop from Friday.
Shiba Inu Coin fell to an intraday low of $0.00003312 in the early morning before making a move. Shiba Inu Coin soared to a mid-morning intraday high of $0.00003503 after avoiding the first significant support barrier at $0.0000325.
Shiba Inu Coin slid back to $0.0000335 levels after approaching the first significant resistance level at $0.0000353, before finding late support to finish the day at $0.0000344 levels.
Shiba Inu Coin was up 0.29 percent to $0.00003455 at the time of writing. Shiba Inu Coin fell to an early morning low of $0.00003443 before climbing to a high of $0.00003473.
Shiba Inu Coin failed to test the main support and resistance levels early on.
