On the 4th of June, the price of SHIBA Coin experienced a decline that caused it to fall below the support line. However, this downward movement was met with resistance from the bulls, which is evident from the long tail observed on the candlestick chart. The decline in price prompted buyers to enter the market at lower levels, coupled with the increase in Bitcoin’s price, resulting in a 6% rise in SHIBA Coin’s price over the past 24 hours.
Currently, the bulls are hovering around the $0.000026 mark, with the intention of pushing the price above the $0.000030 resistance level. To stay updated with the latest news in the field of technology, visit NEWSLINKER.