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Shiba Inu Price Analysis: Will SHIB Price Reclaim $0.00001 In May?

source-logo  coingape.com 22 May 2023 15:20, UTC

Amid the current uncertainty in the market, Shiba Inu price is receiving aggressive selling pressure from a downsloping resistance trendline. The dynamic trendline continues to pressurize the buyers and restrict the SHIB coin’s price spread in a narrow range. However, the 4-hour time frame chart, price offered a decisive breakout from trendline as an early sign of price recovery. Can this memecoin restore its bullish momentum?

coingape.com