{"id":341609,"date":"2022-08-21T10:25:24","date_gmt":"2022-08-21T14:25:24","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=341609"},"modified":"2022-08-21T10:31:31","modified_gmt":"2022-08-21T14:31:31","slug":"shiba-inu-shibusd-price-decreases-further-tamadoge-ascends","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/shiba-inu-shibusd-price-decreases-further-tamadoge-ascends","title":{"rendered":"Shiba Inu (SHIBUSD ) Price Decreases Further, \u00a0Tamadoge Ascends"},"content":{"rendered":"<h2>The bears&rsquo; are dominating Shiba Inu market<\/h2>\n<h2>SHIBUSD Price Analysis &ndash; August 21<\/h2>\n<p>Further increase in the bears&rsquo; momentum may break down $0.000013, $0.000011 support levels and the support level of $0.000010 may be tested. In case the bulls defend the support level of $0.000013, <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-tamadoge\">Shiba inu<\/a> may reverse and penetrate $0.000014 upside, $0.000015 and $0.000016 may be reached<\/p>\n<h2>Key levels:<\/h2>\n<p>Resistance levels: $0.000014, $0.000015, $0.000016<\/p>\n<p>Support levels: $0.000013, $0.000011, $0.000010<\/p>\n<p>&nbsp;<\/p>\n<h2>SHIBUSD Long-term Trend: &nbsp;Bearish<\/h2>\n<p><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-tamadoge\">SHIBUSD<\/a> is on the bearish movement on the daily chart. The bulls dominated the Shiba Inu market last week. The bullish momentum pushed the price higher to the resistance level of $0.000017 on August 17. Sellers reacts sharply against this increase and a strong daily bearish candle emerged which made the decreases to $0.000012 support level. The former support levels like $0.000015 and $0.000014 turned to resistance levels.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-341610\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/08\/Daily-19.png\" alt=\"\" width=\"1514\" height=\"685\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/08\/Daily-19.png 1514w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/08\/Daily-19-300x136.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/08\/Daily-19-1024x463.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/08\/Daily-19-768x347.png 768w\" sizes=\"(max-width: 1514px) 100vw, 1514px\"><\/p>\n<p>The fast Moving Average (9 periods EMA) remains above the slow Moving Average (21 periods EMA) and the price is trading below the two EMAs at distance as a sign of bearish movement. Further increase in the bears&rsquo; momentum may break down $0.000013, $0.000011 support levels and the support level of $0.000010 may be tested. In case the bulls defend the support level of $0.000013, price may reverse and penetrate $0.000014 upside, $0.000015 and $0.000016 may be reached. However, the relative strength index period 14 is at 51 levels pointing down to indicate sell signal.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center\"><a href=\"https:\/\/insidebitcoins.com\/visit\/etoro-news\" class=\"su-button su-button-style-3d\" style=\"color:#000000;background-color:#F9A602;border-color:#c88502;border-radius:9px\" target=\"_self\" rel=\"nofollow\"><span style=\"color:#000000;padding:0px 24px;font-size:18px;line-height:36px;border-color:#fbc14e;border-radius:9px;text-shadow:none\"> Buy Shiba Inu Now<\/span><\/a>\n<\/p><p style=\"text-align: center\">&nbsp;Your capital is at risk<\/p>\n<h2>&nbsp;SHIBUSD medium-term Trend: Bearish, Tamadoge Ascends<\/h2>\n<p>SHIBUSD is bearish in the 4-hour chart. The resistance level of $0.000017 was reached last week when the bullish trend commenced. There was a sharp declination of the price due to opposition from the bears. Price fell to $0.000013 and it started a consolidating movement within the $0.000013 and $0.000014 levels.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-341611\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/08\/4-hours-41.png\" alt=\"\" width=\"1514\" height=\"685\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/08\/4-hours-41.png 1514w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/08\/4-hours-41-300x136.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/08\/4-hours-41-1024x463.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/08\/4-hours-41-768x347.png 768w\" sizes=\"(max-width: 1514px) 100vw, 1514px\"><\/p>\n<p>The currency is trading around the 21 periods EMA and 9 periods EMA and the two EMAs are close to each other which indicates a low bullish momentum in Shiba Inu market. The relative strength index period 14 is at 41 levels and the signal lines is exhibiting sell signal.<\/p>\n<p>The Tamadoge presale is now live, and it is being conducted in multiple stages. The later presale rounds could see TAMA making notable gains as the demand for the token continues to grow. The third phase of the presale is nearing completion. The price of each TAMA token during the presale is currently set at 66.67 USDC. Currently, more than $4.3 million has been raised from the presale.<\/p>\n<p><strong>Related<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-tamadoge\">How to Buy Tamadoge<\/a><\/li>\n<li><a href=\"https:\/\/buy.tamadoge.io\">Visit Tamadoge Website<\/a><\/li>\n<\/ul>\n\n            \n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The bears\u2019 are dominating Shiba Inu market SHIBUSD Price Analysis \u2013 August 21 Further increase in the bears\u2019 momentum may break down $0.000013, $0.000011 support <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/shiba-inu-shibusd-price-decreases-further-tamadoge-ascends\" title=\"Shiba Inu (SHIBUSD ) Price Decreases Further, \u00a0Tamadoge Ascends\">[&#8230;]<\/a><\/div>","protected":false},"author":1742,"featured_media":341613,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[8205,12175,7992],"class_list":["post-341609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-marketing","tag-shiba-inu","tag-technical-analysis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Shiba Inu (SHIBUSD ) Price Decreases Further, \u00a0Tamadoge Ascends<\/title>\n<meta name=\"description\" content=\"In case the bulls defend the support level of $0.000013, Shiba inu may reverse and penetrate $0.000014 upside, $0.000015\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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