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Shiba Inu Coin Remains under Pressure in Spite of Saturday Support

Mr. Plan ₿
2 min readDec 19, 2021
Source photo Unsplash

Shiba Inu Coin is under pressure after a slight increase on Saturday, with sub-$0.000030 still in play.

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

Shiba Inu Coin increased by 0.80% on Saturday. Shiba Inu Coin finished the day at $0.00003142, somewhat correcting a 4.80 percent drop on Friday.

Shiba Inu Coin fell to an early morning intraday low of $0.0000308 before making a move after a gloomy start to the day. Shiba Inu Coin soared to a mid-day intraday high of $0.00003219 after avoiding the first major support barrier at $0.0000298.

Shiba Inu Coin dipped down to $0.0000311 levels before recovering support to close the day in positive position, falling short of the first significant resistance level at $0.0000328.

Shiba Inu Coin was up 0.19 percent to $0.00003147 at the time of writing. Shiba Inu Coin fell to an early morning low of $0.00003136 before climbing to a high of $0.00003151.

Shiba Inu Coin failed to test the main support and resistance levels early on.

For the day ahead

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Mr. Plan ₿
Mr. Plan ₿

Written by Mr. Plan ₿

Passionate about personal development and investments, I share valuable insights for your success. For collaboration contact us vremaroiua.medium@gmail.com

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