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SHIB Targets $0.0000131 or Faces SEC-Induced Drop to Below $0.0000115

Daniel Rogers

Feb 14, 2023 14:38

 截屏2023-02-14 下午2.34.57.png

 

Dogecoin (DOGE) closed the Sunday session unchanged. Following a rise of 1.61% on Saturday, DOGE closed the week at $0.0822, down 10.65%.

 

After a range-bound start to the day, DOGE climbed to a high of $0.0857 by late morning. At $0.0830 and $0.0939, DOGE surpassed the First Major Resistance Level (R1) and the Second Major Resistance Level (R2). At $0.0859, the Third Major Resistance Level (R3), DOGE dropped to a late low of $0.0812. DOGE found support at the First Major Support Level (S1) at $0.0810, and closed the trading session at $0.0822.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads beginning at 0 pips and commissions of $3.50 every 100k traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

On Sunday, Shiba inu coin (SHIB) decreased by 0.62 percent. Reversing its Saturday gain of 0.39%, SHIB closed the week down 10.28% at $0.00001283.

 

Following the market as a whole, SHIB reached a late-afternoon high of $0.00001354. At $0.0000132, SHIB surpassed the First Major Resistance Level (R1). SHIB, however, reached a late low of $0.00001257 after encountering the Second Major Resistance Level (R2) at $0.00001352. SHIB closed the trading day at $0.00001283, avoiding the First Major Support Level (S1) of $0.00001250.


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