Eyes are on Shiba Inu to adjust its next price move
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Successfully defending the support level could pave the way for a price rebound. If the 39 trillion SHIB level holds, it may attract more buyers, leading to upward price momentum.dipped on Tuesday, falling to lows near $66,000 before slightly recovering. Shiba Inu also nursed losses, down 1.21% in the last 24 hours to $0.0000219.
Global markets are on edge ahead of a Federal Reserve interest-rate decision and key U.S. inflation figures. Crypto investors are particularly alert for potential volatility. In this light, eyes are on Shiba Inu's price to adjust its next move.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends.
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