Shiba Inu (SHIB) Nears $0.000025 Mark: A Premature Celebration or a Crypto Comeback?

• Shiba Inu (SHIB) is showing promising signs of a price recovery, but investors are advised to remain cautious due to potential obstacles ahead.
• Recently, SHIB managed to break through the 26-day Exponential Moving Average (EMA), indicating some buying interest at lower price levels.
• However, the real test lies ahead at the 50-day EMA, which SHIB is currently approaching and has acted as a strong resistance in the past.

Shiba Inu shows signs of a price comeback, but the road ahead is filled with challenges. The crypto coin recently broke through the 26-day EMA, but the real test lies at the 50-day EMA.

Shiba Inu Breaks Through 26-Day EMA

SHIB has managed to break through the 26-day Exponential Moving Average (EMA), a technical indicator used to assess short-term price trends. This breakthrough is a positive signal, indicating some buying interest at lower price levels. However, the real test lies ... Read the full article for FREE at COINOTAG!