$SHIB Update:

Current Price: $0.00001349
Market Cap: $7.95 billion
Circulating Supply: 589.52 trillion SHIB
24-hour Trading Volume: $120.02 million
Resistance Level: SHIB is facing major resistance at $0.000015 due to significant volume from holders at that level.
Support Levels: Strong support near $0.00001, with potential reversals if downward pressure persists​(
CoinGape)​(CoinMarketCap).
#BTC Update:

Support Levels: Key support at $60,000, with potential dips to $58,000.
Resistance Levels: Immediate resistance near $61,000-$62,000​(TradingView).

#ShibaInu #BTC #CryptoUpdate #SHIBPrice

𝙎𝙝𝙞𝙗𝙖 𝙄𝙣𝙪 𝙁𝙖𝙘𝙚𝙨 𝘾𝙧𝙞𝙩𝙞𝙘𝙖𝙡 𝙈𝙤𝙢𝙚𝙣𝙩 𝙖𝙨 65 𝙏𝙧𝙞𝙡𝙡𝙞𝙤𝙣 𝙎𝙃𝙄𝘽 𝙎𝙪𝙥𝙥𝙤𝙧𝙩 𝙇𝙚𝙫𝙚𝙡 𝙞𝙨 𝙏𝙚𝙨𝙩𝙚𝙙

Shiba Inu (SHIB) has experienced a significant 4% price drop in the last 24 hours, placing the 65 trillion SHIB support level at risk. This decline aligns with a broader cryptocurrency market downturn following key U.S. inflation data. The core PCE price index for April was reported at 2.8% year-over-year, in line with predictions but showing the lowest monthly increase since December 2023.

Currently, SHIB is trading at $0.0000255, down 3.46%. Data from Into TheBlock indicates that 65.53 trillion SHIB were purchased by 62,110 addresses within the $0.000025 to $0.000027 range. The recent dip puts this range under scrutiny, as maintaining above this level could trigger a bullish trend. Conversely, a continued decline below $0.000025 might lead to a deeper correction, potentially down to $0.000019. The next major support lies between $0.000019 and $0.000025, where 59 trillion SHIB were acquired by 111,420 addresses. Surpassing the 65 trillion SHIB level could push SHIB to challenge the $0.000027 to $0.000030 range.

#ShibaInu #Cryptocurrency #CryptoMarket #SHIBPrice #MarketAnalysis