SHIB rises 17% in three days to $0.00000551, $0.000006 level in focus
- —SHIB price rose from $0.00000474 to $0.00000551, a gain of about 17% over three days
- —On the hourly chart, the 50-period moving average crossed above the 200-period one — a "golden cross"
- —Near-term resistance: $0.00000558 and $0.00000575, target — the $0.000006 zone
- —Glassnode: leverage usage in the altcoin market remains below the risky threshold
Why it matters: A sustained SHIB rebound amid easing US regulatory pressure could signal a return of risk appetite in the memecoin segment.
Source: Coin Türk