Shiba Inu in danger of ‘topping signal’ as SHIB price loses 50% in 3 weeks By Cointelegraph



Meme-cryptocurrency Shiba Inu (SHIB) has misplaced greater than 50% of its market valuation in three weeks since its all-time highs in late October.

SHIB’s worth dropped to as little as $0.00004251 on Nov. 19 after correcting by virtually 55% from its all-time excessive of $0.00008854. Its worth recovered a small portion of its losses on Friday, however the transfer regarded indecisive as a result of weaker commerce volumes — ie, few merchants supported the rebound development.

four-hour worth chart. Supply: TradingView, John Wick
SHIB/USDT every day worth chart that includes bull flag. Supply: TradingView