Shiba Inu price collapses – is SHIB coin dying? | City & Business | Finance

On its current course, it could drop by an additional $0.0000100 (£0.0000074).

Traders have noted it failed to settle beyond its nearest support level of $0.00005040 (£0.000037), the 20-period Exponential Moving Average (EMA 20).

On Thursday, analysts at FX Empire predicted it could soon brush the next support level of $0.0000450 (£0.000033).

The coin likely won’t die, however, as it still commands a value far beyond its starting price.

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