Shiba Inu (SHIB) Whales Have Disappeared

Number of Shiba Inu whales on market decreasing, followed by relatively stable performance of SHIB

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SHIB is trading near $0. 00001716 on the technical chart below its 50 EMA at $0.00002217 and significantly below 200 and 100 EMAs. The RSI at 33 shows that SHIB is getting close to the oversold area, which could attract some more buyers looking for cheaper entry.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.

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