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Ethereum (ETH) Just Lost Important Level, Solana (SOL) Drops to Vital Level, Shiba Inu (SHIB): End or New Beginning?
By Godfrey Benjamin
Giant Sell Wall, Here’s Price Level to Watch
If SHIB is able to maintain its position above the 200 EMA and recover to $0.000022, it may generate fresh interest and offer some respite to the beaten-down price of the token. SHIB views this stage as a chance for a fresh start, as well as the conclusion of its recent rally. The course of its future will be determined by clear action taken from this point. SHIB could resume its upward trajectory if speculative interest picks back up. If not, there is a chance that investor confidence will decline even more and lower levels will become the new focus. Determining whether SHIB’s story is one of recovery or ongoing decline will be determined in the days ahead.
The opinions expressed here are not investment advice; they are provided for informational purposes only.
Source: u.today
