As of May 21, 2024
Shib will pump or dump??
The price of Shiba Inu (SHIB) is around $0.00002674, reflecting a 2.19% increase in the last 24 hours . Despite this minor uptick, SHIB has faced challenges in breaking significant resistance levels, particularly the 50 EMA, which indicates weak buying pressure and low trading volumes .
Moreover, SHIB’s market activity shows a lack of substantial inflows, which is crucial for any sustained rally. Currently, Shiba Inu’s trading environment is characterized by narrow price ranges and low volatility .
