Shiba Inu Rises 0.64% as Technical Indicators Stay Mixed

Shiba Inu (SHIB) rose 0.64% over 24 hours on Thursday, while separate technical readings left a breakout unconfirmed. In a separate technical snapshot, the daily relative strength index (RSI) was 40.77, in neutral territory. The moving average convergence divergence (MACD) histogram was flat to slightly negative, while the stochastic oscillator read 36.76 for %K and 29.41 for %D. The indicators do not show a clear direction. An Oct. 12 analysis of mixed momentum near $0.000006 resistance identified immediate resistance between $0.00000596 and $0.00000600, with $0.00000610 as the next upside reference if SHIB cleared and held above that zone. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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