SHIB Price Faces Resistance as Selling Continues
Photo: CryptoNewsLand
The descending trendline is broken by SHIB, and the daily chart has less bull power and weaker tops in October. A daily close above $0.00000512 could open a move toward $0.00000540, while $0.00000490 and $0.00000480 remain near support levels. Japan’s reported Green List status may ease exchange listings, but burns and Shibarium use remain possible adoption drivers. SHIB remains under pressure on the daily chart, as sellers continue to limit recovery attempts and buyers struggle to regain ground. Japan Listing News Meets SHIB’s Decline Terrarmy’s post discusses SHIB’s reported inclusion on Japan’s crypto Green List alongside Bitcoin and Ethereum.
Source: CryptoNewsLand
