$SHIB price analysis: if sellers keep the pressure and break the support level at $0.00002952, there are high chances to see a decline to $0.00002010 ShibaInu SHIB $BTC $DOGE $FLOKI
Sideways trading is also confirmed by the low trading volume, which means that neither bulls nor bears are dominating at the moment. In this case, one needs to pay close attention to the boundaries of the channel.SHIB has lost less than DOGE with a price change of -3.69% over the last 24 hours.SHIB is trading around the zone of the most liquidity around $0.00003624. Currently, it is not clear which way the coin is about to go as it is located in the middle of the channel.
However, if sellers keep the pressure and break the support level at $0.00002952, there are high chances to see a decline to $0.00002010.FLOKI is not an exception to the rule as its rate has also gone down since yesterday.FLOKI is looking bearish on the daily chart as the price is coming back to the support level at $0.0001150 after its false breakout. If buyers cannot seize the initiative, the fall may continue to $0.0009675. Such a scenario is relevant until the end of the current week.
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