Current Price: $0.00001852, with a slight 0.3% increase over the past 24 hours.
Market Overview:
Market Cap: Approximately $10.35 billion.
24-Hour Trading Volume: $79 million.
Circulating Supply: 549 trillion SHIB from a total of 1 quadrillion.
Moving Averages:
50-Day MA: $0.00001770, suggesting bullish sentiment.
200-Day MA: $0.00001590, indicating sustained strength in the longer trend.
Indicators:
RSI: Around 59, showing moderate market strength but staying below overbought levels.
MACD: Positive, with MACD line above the signal line, suggesting potential upward momentum.
Bollinger Bands: The price is close to the upper band, and a breakout above $0.000019 could target levels around $0.000020 and $0.000021.
Conclusion: Positive indicators imply a cautiously optimistic outlook for SHIB if it maintains support above $0.000018. Key resistance lies at $0.000019.