Shiba

Crash

Movement

Shiba Inu

Coin

<ul class="wp-block-list news-points">
 <li><strong>Shiba Inu faces a bearish trend as it struggles to maintain critical support levels.</strong></li>
 <li><strong>High trading volume signals interest, but sell-offs dominate Shiba Inu’s price action.</strong></li>
 <li><strong>November forecast predicts SHIB trading between $0.0000263 and $0.0000553 amidst volatility.</strong></li>
</ul>
<p>Shiba Inu (SHIB) has experienced a notable price decline over the past 24 hours, losing 3.92% of its value. This drop reflects mounting selling pressure, putting the token in a bearish short-term phase. Increased trading activity and market dynamics suggest significant shifts in investor sentiment.</p>
<p>With <a href="https://coinedition.com/shiba-inu-skyrockets-42-breaks-five-month-high-analysts-project-0-0000884-all-time-high-next/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">SHIB</a> forming lower highs and lower lows, traders are monitoring critical support and resistance levels to anticipate the next price move. Additionally, technical indicators offer insights into possible short-term consolidations and trends.</p>
<h2 class="wp-block-heading" id="h-recent-price-movement-and-volume-insights"><strong>Recent Price Movement and Volume Insights</strong></h2>
<p><a href="https://coinedition.com/shiba-inu-surges-80-in-a-week-as-whale-activity-and-burn-rates-soar/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">SHIB</a> opened trading near <a href="https://coinmarketcap.com/currencies/shiba-inu/" target="_blank" rel="noopener noreferrer nofollow">$0.00002667</a> before entering a steady downtrend. This consistent decline aligns with a 3.91% drop in market capitalization, which now sits at $1.78 billion. Furthermore, the 24-hour trading volume rose significantly, reaching $1.78 billion, which shows strong market activity.</p>
<div class="wp-block-image">
 <figure class="aligncenter is-resized"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe8wCko8JZwHcWZwnvxSxV1LHLNhbcMfeyxfCfRcdcwARz12ZclIGBAIw9H5UcxidOAoky9clIvi6qF2zfQijcdKj0sJZp_ZUKPzL7IgNd1tPQxUlOVhDvM7baBM0-cZliXnmQC?key=oF35EcU_7gdG3KHCPeJpRNCB" alt="" style="width: 100%;height:auto">
  <figcaption class="wp-element-caption">
   Source: Coinmar…
  </figcaption>
 </figure>
</div>
<p>The post <a href="https://coinedition.com/shiba-inu-price-alert-will-shib-rebound-or-crash-further/" rel="noopener noreferrer nofollow">Shiba Inu Price Alert: Will SHIB Rebound or Crash Further?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Shiba Inu Price Alert: Will SHIB Rebound or Crash Further?

Table of Contents

Coin Edition

Other articles published on Nov 25, 2024

Solana Memecoin Bullish Pepe to Skyrocket 18,000% Before Exchange Listing, As Bonk and SHIB Drop

Stacks Moves Closer to Launching sBTC with Testnet Success

Nayib Bukele Proposes “Rent Your Volcano” for Bitcoin Mining

SEC Settlement with Ripple: Could This Spark a $10 Rally for XRP?

TON Hacker House Bangkok Draws 300+ Global Developers and 70+ Demo Submissions, Highlight the TON...

Kernel Secures Binance Labs Funding to Redefine Restaking on BNB Chain

Join our free newsletter for daily crypto updates!