SHIB/USD: Important Resistance and Short Term Consolidation

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SHIB/USD: Important Resistance and Short Term Consolidation
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SHIBUSD Important Resistance and Short Term Consolidation shiba shibainu ShibainuCoin cryptotrading Cryptos

However, SHIB/USD remains tantalizing close to short term higher levels and it has produced an intriguing amount of technical resistance as it battles in a range consisting between 0.00002230 and 0.00002260.

SHIB/USD is fractionally traded and the ability to have a large amount of Shiba Inu bought at a relatively rock bottom cost makes it attractive for long term cryptocurrency speculators. The idea of purchasing SHIB/USD and tucking it away and seeing where its value is one year from now is attractive.However day traders of SHIB/USD are looking to take advantage of the movements within the cryptocurrency quickly.

Interestingly the past week of trading has produced rather solid support levels in the broad crypto world and SHIB/USD.

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