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Shiba Inu Coin — Daily Technological Analysis — December 1st, 2021
Following two good daily advances, a move through $0.000055 levels would pave the way for a run at $0.000060 levels.
Shiba Inu Coin
On Tuesday, Shiba Inu Coin increased by 4.81 percent. Shiba Inu Coin closed the day at $0.00004748, following a 15.68 percent breakthrough on Monday.
Shiba Inu Coin fell to an intraday low of $0.00004335 in the early morning before making a move. Shiba Inu Coin soared to a late morning intraday high of $0.00005437 after avoiding the first major support barrier at $0.0000405.
Shiba Inu Coin surpassed the first major barrier level of $0.0000480 and the second major obstacle level of $0.0000507. Shiba Inu Coin slipped down to close the day at sub-$0.000050 levels, falling short of the 38.2 percent FIB of $0.0000568 and the third major resistance level at $0.0000582.
Shiba Inu Coin was up 1.16 percent to $0.00004801 at the time of writing. Shiba Inu Coin fell to an early morning low of $0.00004656 before climbing to a high of $0.00004852.
Shiba Inu Coin failed to test the main support and resistance levels early on.
