#TradeNTell Memecoins Continue to Stumble! Shiba Inu Price Hints A Bullish Reversal?

The crypto industry continues to display mixed sentiments as the market faces constant price volatility in the chart. Further, top memecoins continue to follow in the footsteps of the category leader, Dogecoin, and record constant bearish movements.

The Shiba Inu coin price traded in a narrow space for a while, following which the market gained momentum and the price broke out of the range. After this, the SHIB coin traded between $0.00001053 and $0.00001108 for over a week, indicating a neutral price action in the market.

If the market pushes the price above the resistance level of $0.00000926, the bulls will regain momentum and test its upper resistance level of $0.00001006 soon. Maintaining the price at that level will set the stage for Shiba Inu to attempt to test its resistance level of $0.00001053 this week.

https://coinpedia.org/price-analysis/memecoins-continue-to-stumble-shiba-inu-price-hints-a-bullish-reversal/#ALT #TradeNTell #ShibaPriceAnalysys