🚀Cointelegraph: Shiba Inu price analysis
The bears have not allowed Shiba Inu to rise above the 20-day SMA ($0.000017), indicating selling on rallies.
The downsloping moving averages and the RSI in the negative territory suggest that the bears have the edge. A break below $0.000015 will open the doors for a possible drop to $0.000012 and eventually to $0.000010.
The bulls are likely to have other plans. They will try to drive the price above the 20-day SMA and start a rally to the breakdown level of $0.000020. This level may again witness a tough battle between the bulls and the bears.
