
The post Shiba Inu Price Analysis: Here are the Levels For SHIB Prices this Month! appeared first on Coinpedia Fintech News
The crypto markets continue their consolidation as the prices continue to maintain a descending trend. Bitcoin prices are approaching crucial support levels and driving the rest of the markets lower. The meme coins like PEPE, BEN, SUI, etc. have maintained a fine upswing, but traditional meme coins like Shiba Inu and Dogecoin are entering a huge red zone.
Shiba Inu prices have also been negatively impacted by current market sentiments, as they have failed to rebound and lay down a fine recovery after breaking down from the trend line. The SHIB prices have entered one of the important zones, and they may trigger a rebound as it did before.

Presumably, the price is close to two daily support regions at $0.00000851 and later at $0.00000794. Testing these regions previously triggered a massive rebound followed by a 100% pump. Hence, a rise from the support zone could eventually trigger a huge breakout, leading the levels to surge close to the above-mentioned targets at around $0.00001317. Else, in case of a bullish breakout, the SHIB prices may also rise beyond $0.00002.
While the meme-coin mania appears to be fading at a greater pace, the possibility of a notable rebound also hovers over the SHIB price rally. However, to do so, the price needs to visit the demand zone to attract liquidity, as the bulls and whales may accumulate at the market bottoms. Therefore, the Shiba Inu price rally may not seem to halt until an excessive zero is slashed from its value.
- Website
- Mobile app
- Telegram Channel
- Telegram Group
- YouTube
- Binance Referral Link
- Bitmex Referral Link
- (Recommended For Leverage) ByBit Referral Link
- Buy Ledger Nano at discounted price
- Buy Cool Wallets at discounted price
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks