Shiba Inu Coin – Daily Tech Analysis

#Shiba Inu Coin slid by 13.01% on Thursday. Partially reversing a 64.95% surge from Wednesday, Shiba Inu Coin ended the day at $0.00006889.

A bullish start to the day saw Shiba Inu Coin rally to an early morning intraday high $0.00008858 before hitting reverse.

Falling short of the first major resistance level at $0.0000963, Shiba Inu Coin tumbled to a mid-morning intraday low $0.00005700.

While steering clear of the first major support level at $0.0000544, Shiba Inu Coin fell through the 23.6% FIB of $0.00006897.

Finding support at the 38.2% FIB of $0.0000568, however, Shiba Inu Coin revisited $0.00008 levels before falling back into the red.

The reversal saw Shiba Inu Coin fall back through the 23.6% FIB to end the day at $0.0000688 levels.

At the time of writing, Shiba Inu Coin was down by 4.40% to $0.00006586. A mixed start to the day saw Shiba Inu Coin rise to an early morning high $0.00006907 before falling to a low $0.0006579.

While leaving the major support and resistance levels untested, Shiba Inu Coin tested resistance at the 23.6% FIB early on.

#crypto #shib #inu #shiba_inu