Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
At the time of writing, several cryptocurrencies traded in red, alongside SHIB, which was down 3.46% in the last 24 hours to $0.0000255.data, 65.53 trillion SHIB were bought by 62,110 addresses in the range of $0.000025 and $0.000027 at an average price of $0.000026.has put this key range under the microscope, with SHIB approaching the lower end of this range at $0.000025.
However, if the price continues to decline and the 65 trillion SHIB level is lost, it could open the door for a deeper correction, possibly to $0.000019., Shiba Inu's next major support lies between $0.000019 and $0.000025, where 59 trillion SHIB were bought by 111,420 addresses. On the other hand, if SHIB could surpass the key 65 trillion level, Shiba Inu might challenge the key barrier at $0.000027 and $0.000030.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.