SHIB is indeed 100 times the currency it once was
Lasting forever
Last week, SHIB price increased by 18.90%, and trading volume also increased by 41.97%. A few hours ago, SHIB was trading at $0.00003017.
Despite the recent price surge, SHIB still has a long way to go. The price of SHIB has still not reached the levels seen on March 5.
If SHIB continues to test the $0.00003184 levels, it may break above this resistance and start moving towards the $0.00004531 levels.
However, a correction is expected after a test of the $0.00004531 level.
But it may take a while for SHIB to see a dramatic shift in price action.
CMF (Chaikin Funds Flow) has fallen to -0.01, indicating a decline in inflows into SHIB and predicting more neutral price action.
Additionally, the RSI (relative strength index) has also declined, indicating that SHIB is slowly moving away from overbought territory.
Some sideways movement is expected between the $0.00002365 and $0.00003184 levels before any major price moves.
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