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Crypto

Shiba Inu Price Drops 4.8% Amid Ongoing Downtrend

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SHIB
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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.

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