Shiba Inu (SHIB): 15% of Value Disappeared in Hours
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Shiba Inu (SHIB) experienced a dramatic price drop, losing over 15% of its value in a short period. The cryptocurrency fell from a recent peak of $0.00001560 to around $0.00001326, triggered by a false breakout and lack of buy-side support. Increased selling volume and reduced momentum suggest potential further downside risk.
March 28, 2025 | 8:45 am
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SHIBUSD dropped below key resistance levels, with potential further downside if $0.00001300 support fails. RSI indicates waning momentum and possible continued price pressure.
Sudden price drop, lack of buy-side support, increased selling volume, and technical indicators suggest bearish short-term outlook for SHIBUSD.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100