Will this Help Shiba INU to Range High to Hit $0.00003294 as SHIB Price is Primed for a 15% Plunge

Despite the much-awaited Robinhood listing, Shiba INU price continues to slide pushing the consolidation closer to the demand zone. And hence a fair chance of the asset flipping the bearish divergence appears to be high. However, the SHIB price is currently drowning in a deep well and hence if it fails to hold $0.0000211 levels, …

Timeline of Shiba-inu

The cryptocurrency market has yet again opened the market on a bearish note where Bitcoin has plunged below $40,000 and Ethereum below $3,000 dragging almost every cryptocurrency to the bottom.  But the one currency that proponents have recognized as one of the key drivers of long-term gain in value is the Shiba Inu token and …

With market leaders, Bitcoin and Ethereum, falling below key price points, the global crypto market cap witnessed a corresponding 24-hour plunge. Thus, XRP, Shiba Inu and Tezos projected a near-term bearish outlook while their 4-hour RSIs headed into the oversold part.

The world's second largest meme cryptocurrency, Shiba Inu (SHIB) released its much anticipated Burn Portal last week. According to the developers, over 8 Billion Shiba Inu tokens were burned in the 24 hours since its launch.