Shiba Inu Price Drops 4.8% Amid Ongoing Downtrend
Shiba Inu's price has taken a hit, falling 4.81% in the past 24 hours after a brief period of growth.
The token had seen a 5.1% gain over the last month but appears to be part of a longer downtrend according to technical indicators.
Support at $0.0000046 is crucial, and if broken could lead to further declines towards $0.0000034, a drop of 26.6% from current prices.