Posts

Showing posts with the label fibonacci retracement level

Shiba Inu (SHIB) eyes 100% rally: Key levels to watch for long-term breakout

Image
Meme cryptocurrency Shiba Inu (SHIB) is experiencing a short-term price correction. However, technical indicators suggest that the token may be gearing up for a rebound, with analysts pinpointing critical levels that could support a potential upward surge. SHIB one-week price chart. Source: Finbold At the time of writing, Shiba Inu is trading at $0.00002173, recording a 0.72% decline over the past week and extending its monthly losses to over 19%. Despite the recent pullback, the token remains up by an impressive 110% year-to-date, showcasing its resilience amid broader market fluctuations. Technical analysis and key levels to watch According to the Analysis by Rose Premium Signals , SHIB’s price action is currently testing critical support levels that have historically preceded upward surges. Picks for you XRP meme coin price soa...