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SHIB Price Struggles: 71% of Holders in Loss Amid Bearish Trend and Risk of Further Decline Coinotag 08 Aug 2024

SHIB Price Struggles: 71% of Holders in Loss Amid Bearish Trend and Risk of Further Decline 📉

Bitcoin Shiba Inu
Shiba Inu (SHIB) experiences a minor price increase linked to Bitcoin's revival. Regardless of this positive shift, SHIB encounters substantial resistance at key Exponential Moving Averages (EMAs). Currently, 71% of SHIB holders are operating at a loss in this prolonged bearish market. For a potential recovery, SHIB needs to break back into the falling wedge pattern to mitigate the risk of further decline.

Quelle: en.coinotag.com ↗

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