"Shiba Inu's price has gone up slightly in the last hour, but it's still down 0.28% in the last 24 hours. The total value of all SHIB tokens (market capitalization) has also decreased by 0.13% to $14.6 billion. The number of SHIB tokens being burned (removed from circulation) has decreased significantly in the last 24 hours, with 2.7 million tokens burned. This is a 57% decrease from the previous day.
Looking at the price charts, we see a pattern that suggests the price might go down soon. However, the trading volume is decreasing, which could mean the price is due for a reversal or a pause in the downward trend. The Money Flow Index is also indicating that SHIB might be oversold, which could mean a potential turnaround."
