Shiba Inu Faced With Negative Pressure – SHIB’s Price Stuck Below $0.00002045

Quick Summary:

Shiba Inu (SHIB) is facing a continued struggle to reclaim upward momentum as bearish sentiment keeps its price tethered below the critical $0.00002045 resistance level.

Despite occasional positive price action, the prevailing market conditions and negative sentiment around meme coins have made it challenging for SHIB to break free and push higher.  The $0.

The RSI remains in the oversold territory, suggesting weak buying momentum and a persistent dominance of sellers in the market.

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: Hungary

Topics: Level Negative 00002045 Sentiment Price Bearish Shiba Momentum Pressure Shib Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-26 @ 03:30:57 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 426 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25441413

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 5 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 15 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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