Shiba Inu, Bitcoin Cash, The Sandbox Price Analysis: 5 November
Cryptocurrency prices gave mixed signals in the last 24 hours. Shiba Inu flashed bearish signs over the past week as showcased by its near-term technicals over the last day. BCH showed signs of revival as indicators slightly favored the bulls. Further, the Sandbox hit its ATH and may look at a possible correction.
Source: TradingView, SHIB/USD
The dog-themed meme crypto undertook a bullish price action from 23 October. Consequently, it reached its ATH on 28 October at $0.0000887, after which it saw a pullback.
Over the last week, the price oscillated in a downtrend as the digital currency noted a nearly 34% decline (seven-day). SHIB bears visibly exerted sustained pressure by breaching the resistance point and found support at $0.0000445.
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