Oh, dear Shiba Inu, how the mighty have fallen! The once-feisty pupper of the crypto world has taken a dive that would make even the most seasoned investors clutch their pearls. From its glorious peak this year, the price of Shiba Inu has plummeted faster than a dog chasing a car, and frankly, it’s not looking pretty. The culprit? The ongoing performance of Shibarium, which, let’s be honest, is heading straight for a face-plant. 🐕💥
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The daily chart isn’t much better. Shiba Inu’s been on a downtrend, sliding further below the key resistance level of $0.00001163. It’s like trying to climb out of a hole with a spoon. Not going to happen anytime soon.
The token has dropped below both the 50-day and 200-day Exponential Moving Averages, and the Supertrend indicator is pointing south. Even the Relative Strength Index (RSI) continues its downward spiral. If this isn’t a sign of impending doom, I don’t know what is. 🚨
So what’s next? Well, unless SHIB makes some miraculous recovery and breaks above the $0.00001163 resistance, the bears will be coming for the year-to-date low of $0.000006957. Hold on tight, folks. It’s gonna be a bumpy ride. 🐻
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2025-10-25 21:00