The last price for one Shiba Inu coin/$SHIB is $0.0000252. It has increased by 4% in the last 24 hours. 48.92% of the days the SHIB price closed above the opening. The first major resistance of the upward trend for SHIB is at the level of $0.0000271, it needs to close above this level to continue moving up, and the lower support is at the level of $0.0000229. Thus, if the price falls below $0.0000229, we may see the price go even lower. On the other hand, if it can close above the level of $0.0000271, it may rise to the next resistance level at $0.0000285.
The 14-day Relative Strength Index (RSI) is currently at 46.16, indicating neutral market conditions with neither oversold nor overbought conditions. Similarly, the RSI of the weekly chart is at 32.21, which also indicates neutral market conditions.
On the daily chart, the exponential moving averages show a bullish signal. The price of Shiba Inu is currently above all 10, 20, 50, 100, and 200-day EMAs.
