shib coin latest news

Shib is currently still in an uptrend, up about 60% since its October lows. The cryptocurrency also continues to hold above its 21-day moving average. However, there are currently circumstances that threaten to disrupt this trend. May lead to short-term decline. If a bear market occurs, it is likely to quickly retest the support area between $0.000009 and $0.0000095, which is the location of the 50-day moving average. In technical analysis, a breakout of the support area could signal a further downward trend.