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SHIB/USD Bulls Struggle as Price Dips Slightly

SHIB/USD
October 15, 2023

Shiba Inu Price Declines into Demand Zone

Shiba Inu Analysis: Price Declines into Demand Zone Shiba Inu price declines into the demand zone. Shiba Inu’s price dived with three black crows to establish the sellers’ control. The violated demand level of 0.000008 prevented a pullback (upwards) after its break. Shiba Inu Key Levels...
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October 07, 2023

Shiba Inu (SHIBUSD) Remains In A Consolidation Zone As Price Fails To Sink Lower

[ez-toc] SHIBUSD Analysis: Market Remains In A Consolidation Zone As Price Fails To Sink Lower SHIBUSD remains in a consolidation zone as the price fails to sink lower. The overall direction of the market on the daily chart remains bearish. However, the market is currently in consolidation as the p...
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September 30, 2023

Shiba Inu (SHIBUSD) Bears Struggles At Discount With Waning Impact

SHIBUSD Analysis – Market Struggles At The Discount Zone As The Selling Pressure Wanes Slowly SHIBUSD struggles at the discount zone as the selling pressure wanes slowly. About a month ago, a change of character occurred to the downside. The SHIB/USD market has since been declining exuberantl...
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September 23, 2023

Shiba Inu (SHIBUSD) Begins An Upward Correction As Price Hits 79.0% Retracement Level

SHIBUSD Analysis – Market Begins An Upward Correction As Price Hits 79.0% Retracement Level [ez-toc] SHIBUSD begins an upward correction as the price hits the 79.0% retracement level. The trading range of the market is currently defined by the $0.00001130 high and the $0.00000600 low. Followi...
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September 14, 2023

Shiba Inu (SHIBUSD) Faces Upward Pressure As The Price Hits A Two-Month Low

SHIBUSD Analysis: The Market Faces Upward Pressure As The Price Hits A Two-Month Low SHIBUSD faces upward pressure as the price hits a two-month low of $0.00000700. The market structure shift on August 17, 2023, was followed by a breakout to the downside. The breakout occurred at the diagonal suppo...
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September 08, 2023

Shiba Inu (SHIBUSD) Sets To Retrace Upward As The Market Approaches An Oversold State

SHIBUSD Analysis: Price Sets To Retrace Upward As The Market Approaches An Oversold State SHIBUSD is set to retrace upward as the market approaches an oversold state, according to the RSI (Relative Strength Index). The RSI is currently below the 50.0 level, indicating that the bears are in control ...
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September 01, 2023

Shiba Inu (SHIBUSD) Plunges Lower As Price Flips Bearish From An Overbought Region

SHIBUSD Analysis: Market Plunges Lower As Price Flips Bearish From An Overbought Region SHIBUSD plunges lower as the price goes bearish from an overbought region. Following the bearish divergence that was revealed by the RSI (Relative Strength Index), SHIBUSD crashed massively to the downside. The ...
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August 26, 2023

Shiba Inu (SHIBUSD) Recovers from Discount Zone as Bearish Momentum Subsides

SHIBUSD Analysis: Market Retraces From The Discount Zone As The Bearish Momentum Decreases SHIBUSD retraces from the discount zone as the bearish momentum decreases. The ceaseless crash into the discount zone led to a decline in selling momentum. This was a result of the bulls’ presence as th...
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August 18, 2023

Shiba Inu (SHIBUSD) Crashes As The Price Leaves The Overbought State

SHIBUSD Analysis: Market Crashes As The Price Leaves The Overbought State SHIBUSD crashes as the price leaves the overbought state. According to the RSI (Relative Strength Index), the market was in an overbought state as prices rose beyond $0.00001050. As a result of the selling pressure at the pre...
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