Analytics

Shiba Inu Price to Escape End 5 Month Correction with this Breakout

On Monday during U.S trading hours, the cryptocurrency market witnessed a quick spike in supply pressure, reflected in Bitcoin’s sudden reversal from $70000. The selling momentum spread quickly to the meme cryptocurrency sectors due to their volatility prolonging the consolidation trend since last week. The Shiba Inu is down 0.3% today and a high wick rejection at major resistance hints potential downswing.

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