Shiba Inu (SHIB) is one of the most popular altcoins of recent days. In Shiba, which rose 4 times in a short time and pleased its investors, we observe that there are withdrawals in parallel with the market today.
While the pullbacks are considered reasonable in Shiba, which has risen 4 times in a short time, our previously mentioned $0.00002786 support remains up-to-date. Those who want to make a new entry can follow this level with a six-day closing stop.
It looks like the hype on Shib isn’t over yet. According to the data measured by CoinTrendz.com today, Shib was the most talked about cryptocurrency in 1 hour. Data measured in the morning hours show that Shib is still on the agenda of investors.
We see that even the interaction of Bitcoin, which has dominated the market with its recent rise, is behind Shib.
It is impossible to know whether the buying spree in Shib will continue. For this reason, it is necessary not to trade without stop in altcoins that rise with a certain hype in this way. As we warned earlier, Ship and similar coins are altcoins in the extreme risk category. Investors who cannot manage their risk are advised to stay away from such altcoins.
*Not Investment Advice.