SHIB Price Might Make Significant Move per This Indicator: Details

SHIB

SHIB price is about to be impacted by news of Shiba Eternity release

Shiba Inu price may be on the verge of a move up as the RSI indicator is attempting to move above the 50 neutral level. On its daily chart, SHIB has been moving in a range since September 25, when the bulls failed to attempt a break above the $0.0000012 barrier.

The SHIB price is up 3.42% in the past week, showing little progress made by the bulls in their attempt.

That said, a decisive break above $0.00012 could be a short-term catalyst for the Shiba Inu’s next move.

In this case, if bulls succeed beyond the $0.00001394 level, SHIB might likely make a run toward the next barrier, located almost 20% above the current price level at $0.0000145.

Conversely, if the RSI fails to rally above the 50 level to signal a consolidation, the Shiba Inu may continue trading below the $0.000012 mark until there is a major pushback. On the other hand, a decline from current levels could lead to a selloff towards $0.0000099.

SHIB currently trades at $0.0000114, yet to be impacted by the news of the Shiba Eternity release, as it is up just 0.74% in the last 24 hours.

Shiba Eternity gains traction hours after launch

As U.Today reports, Shiba Inu’s collectible card game, Shiba Eternity, has gone live worldwide on both Android and iOS devices, as per an official announcement from the Shiba Inu team. Now that the game is available worldwide, community members are busy downloading and reviewing the app. Several positive comments have already been shared on Twitter.

A Shiba Inu user shared that a few hours after Shiba Eternity’s launch, it already ranked in fourth place on the charts for card games in the Apple App Store, even topping Solitaire. Shiba Inu lead developer Shytoshi Kusama, who responded to the tweet, said that it is currently ranked second.

Another user indicated that Shiba Eternity is currently number one for card games in Asia.

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