SHIB Faces $0.00000511 Resistance, With Support Scenarios Near $0.00000480
Photo: TokenPost
Shiba Inu (SHIB) fell 3.36% in the 24 hours through 5:08 a.m. ET (9:08 UTC) Oct. 22, while two chart analyses placed resistance at $0.00000511 and separate support levels near $0.00000480. In an Oct. 19 four-hour chart, technical analyst Aashish Vishwakarma recorded SHIB at $0.000005000 at 6:45 a.m. ET (10:45 UTC), up 0.46% over the previous 24 hours. The chart listed the 20-period exponential moving average at $0.00000502, the 50-period at $0.00000514, the 100-period at $0.00000529 and the 200-period at $0.00000537. Each was above the recorded price. Vishwakarma’s analysis described the bias as bearish while SHIB traded below $0.00000511.
Source: TokenPost
