Shiba Inu Price Prediction as $150 Million Trading Volume Comes In – Are Whales Buying the Dip?

Shiba Inu has suffered a 1.5% fall in the past 24 hours, dropping to $0.00001105 following a difficult weekend for the cryptocurrency market as a whole.

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SHIB's 24-hour trading volume has picked up slightly, at $150 million, yet this still remains far from the $1.8 billion volumes seen at the start of February,

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Shiba Inu Price Prediction as $150 Million Trading Volume Comes In – Are Whales Buying the Dip?

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Its relative strength index (purple) has dropped to 35 and could fall even further, with the coin not likely to bottom out until this indicator dips below 30.

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In other words, many whales bought SHIB relatively high, so it's arguable they won't want to sell at a loss.

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