Shiba Inu (SHIB) Buy Signals Emerge Amid Crypto Bloodbath

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Shiba Inu (SHIB) Buy Signals Emerge Amid Crypto Bloodbath
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Technical indicators are flashing buy signals for Shiba Inu

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One key indicator of SHIB signaling a potential recovery is the Relative Strength Index . As of writing this article, the RSI is at 26.44, showing that the meme coin is in an oversold scenario. Historically, an RSI below 30 is considered oversold, and it suggests that the coin may be undervalued at its current price levels.

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