Shiba Inu Falls 1.17% as Technical Readings Point to Weak Momentum

Shiba Inu (SHIB) fell 1.17% over 24 hours on Oct. 17, while its latest technical readings pointed to weak momentum and Binance spot volume was $1,862,288 for the same period. The 14-period relative strength index (RSI) was 38.64. Stochastic %K measured 21.67 and %D was 17.33. With 20 as the stated oversold threshold, only %D was below that level; %K remained above it. Bollinger Band %B measured 0.1478. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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