Shiba Inu (SHIB), which set the agenda with its burns at the weekend, became the second most rising coin of the day.
Shiba Inu (SHIB), which has increased its burning rates for a few days, received appreciation from its ecosystem. Although BTC remained stable, the price movements of SHIB attracted attention in cryptocurrencies that moved downwards. SHIB, which increased by 8 percent in the last 24 hours, managed to become the second most rising coin of the day. Can incineration activities in SHIB continue to have a positive impact on the price?
Shiba Inu (SHIB) Technical Analysis
SHIB, which received an upward reaction by throwing a needle at $ 0.00000544, collected a large amount of volume with the burns it made and the upturn of the market. SHIB, which has risen 8 percent in the last 24 hours, came to $ 0.00000720 after being rejected from the 0.00000751 resistance.
In order to observe the rises in Memecoin, the resistances of 0.00000751 – 0.00000774 – 0.00000844 and 0.00000910 can be followed, respectively. In the case of a bearish market move, the areas where buyers in SHIB can be active are $0.00000650 and $0.00000544.
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