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SHIB Price: Will Shiba Inu Price Crash to Zero?

  • Shiba Inu (SHIB) is currently facing selling pressure and a prolonged downtrend.
  • SHIB's price action indicates a strong bearish cycle, with consecutive lower highs and lower lows on the daily chart.
  • SHIB's RSI is in oversold territory, suggesting a possible relief rally could be near, but a long-term recovery is not guaranteed.
  • SHIB's MACD indicator confirms the bearish momentum, with no signs of a bullish crossover occurring.

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