SHIB Token Recovers 3% After Significant Mid-Day Sell-Off
Geopolitical tensions and trade policies are impacting cryptocurrency markets. The Shiba Inu's SHIB token showed resilience amid economic uncertainty.
Key moments:
- SHIB recovered 3.0% during the 22:00 hour on nearly 900 billion in volume, establishing a new resistance at $0.0000147.
- The trading range was between $0.0000139 and $0.0000147 over 24 hours, with a 5.24% fluctuation.
- A sell-off occurred at 15:00, but strong volume support contributed to recovery.
- Notable volatility was observed, with a 4.5% price swing in the last hour.
- After establishing support at $0.00001455, SHIB surged to $0.00001463 by 01:46, with volume peaking at 30.15 billion.
- Prices fell back to $0.00001457 due to selling pressure creating a descending channel.
For further details, refer to external sources.