The crypto crash worsened on Friday night. Now Bitcoin is on the way back up—was $34,420 the bottom?

Until You Fall is going to get its first update in over a year soon.

If you're looking to invest in cryptocurrencies. In that case, you have a lot…

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El Salvador, reaped the benefits of the new lower levels. After shedding 11.1 percent, Ethereum briefly fell below $2,350. After

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The bearish cartel has capitulated the entire crypto-space and almost all the assets have dropped significantly. The global market capitalization has dropped more than 11% for the second consecutive day, which is now feared to drop below $1.5 billion, if the plunge continues for another day. In such cases, consolidation appears to be the best …

Shiba Inu’s (SHIB) price extends the previous sessions downward moment on Saturday. At the press time, SHIB is trading at, down 11% for the day. After a sharp sell-off on NASDAQ, the crypto currency market hit the fresh lower grounds. Market participants are expecting a further continuation of downside momentum, with a possibility of $0.000015.

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Bitcoin’s price is down 18.7% in the last seven. The current price is around $35,200, down 9.19% in the last 24 hours. According to Peter Schiff, a diehard gold bug and Bitcoin skeptic, Bitcoin has only started its journey to zero. Schiff stated that he expects to see the Bitcoin market enter a panic selling

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The first month of 2022 has been turning merciless for the crypto business, as the market continues to fall off from the cliffs. Digital assets from the crypto directory have shedded more gains than the previous. Wherefore, the market cap of the industry now hovers around $1.64 Trillion, bearing a loss of 10.17% over the …

The price of Uniswap (UNI) has plummeted to a low of $11 after failing to hold above the $18 high. The cryptocurrency has fallen to $11.85, which is the previous low of January 25, 2021.

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Avalanche(AVAX) Avalanche(AVAX) is considered one of the most significant blockchains which is more focused on transaction speed, low costs and being eco-friendly. The AVAX token rallied more than 4800% in 2021 and was attempting to undergo a similar rally to hit the $200 milestone at the earliest. However, the market trembled drastically since the previous …

Seller-driven market undermines the falling channel in the SHIB coin price chart. Will the downtrend reach the $0.000015 mark? SHIBA INU’s website invites dog-inspired artists from around the world to promote an “artistic Shiba movement” as they expand the SHIBA INU community into the NFT market. It has also created an initiative using Amazon Smile in order to solicit donations to help rescue live Shiba Inu dogs by partnering with The Shiba Inu Rescue Association. Bitstamp is the largest crypto exchange in Europe has announced that it will offer Shiba Inu to trade in 2022, at the start of the year. Korbit is one of the South Korean exchanges, becoming the first exchange in the country to offer the SHIB token in 2021. Let us move ahead to read about Shiba Inu’s technical analysis. Past Performance of SHIB SHIB coin price succumbs under the selling pressure during the retest of the rising channel breakout, mentioned in our previous article. The coin price decreased by 25% in the past 24 hours, resulting in the creation of a bearish engulfing candlestick. Moreover, the price dives back within the falling channel. SHIB/USD Daily Chart SHIB Technical Analysis The SHIB coin price fails to rise after touching the resistance trendline of the falling channel to retest the bullish breakout. As the price re-enters the falling channel and breaks below the $0.000020 mark, a downfall to $0.000015 is possible. The declining Crucial Exponential Moving Averages on the daily chart provide a bearish crossover between the 50-day and 100-day averages. Additionally, the SHIB coin price trends are lower than the 200-day EMA. The MACD indicator shows the MACD and signal lines diverging, giving a bearish crossover after the recent merger. Moreover, the restart of the falling histogram in the daily chart. The Ultimate Oscillator indicator at 27 reflects a rise in underlying selling pressure as the slope enters the oversold zone. Therefore, the indicator hints at a bearish continuation to $0.000015. In conclusion, the technical indicators showcase a plausible continuation to $0.000015 with the increased trend momentum. Upcoming Trend With the failure of the bullish breakout retest of the falling channel, the SHIB coin price falls under the $0.000020 mark. Moreover, the bearish crossover of the 50 and 100-day EMA increases the bearish attention for the coin price.  The price action shows the support levels present at $0.000015 and $0.000012 present within the falling channel. In case the price gives lower price rejection to rise higher, the resistance level at $0.000020 and $0.000025. At press time, the technical analysis by TradingView gives “STRONG SELL” for the SHIB token. Technical Analysis for SHIBUSD by TradingView

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