What’s next for the DOGE-Killer, SHIBA INU (SHIB)? – FX Leaders

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* SHIB Price Chart – Daily timeframe heading towards support levelsThe “Dogecoin killer”, Shiba Inu (SHIB), has been trading within a range for the past few months and is currently nearing all-time low support levels again. SHIB looks like it has transitioned from the “decline phase” to a consolidation or “neglect phase” as selling pressure has slowed down and most traders seem to have forgotten about this meme coin. Despite this fact, as long as SHIB does not fall below this major support level, it will just continue to trade within the range of 0.0000055 to 0.0000100. This area has proven to be a strong support for SHIB, as it has exhibited buying demand every time the price reaches this area, which has already occurred at least five times this year.What is SHIB?Shiba Inu (SHIB) is the 45th largest cryptocurrency, with a market capitalization of $2.76 Billion. Despite being a meme coin, with a limited use case, it has been a very popular part of the subculture
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