🔥 $SHIB price analysis - Cointelegraph
SHIB broke above the 20-day EMA ($0.000014) on Aug. 21, signaling the bears are losing control. With the 20-day EMA flattening and RSI near the midpoint, buyers need to push the price above the 50-day SMA ($0.000015) to indicate strength, potentially driving the SHIB/USDT pair to $0.000020.
However, bears are expected to defend the 50-day SMA and may push the price below the 20-day EMA, possibly retesting the $0.000012 support.
