Shiba Inu (SHIB), Tron (TRX), Zcash (ZEC) and Near Protocol (NEAR) Price Analysis For November 9: From the Market Fear to Neutrality

According to the technical analysis, the price is struggling to hold the important psychological threshold: $0.00000500 has already been broken, and SHIB now trades at approximately $0.00000447. As for the future, SHIB is clearly moving in a longer-term downtrend ; however, a local bounce toward $0.00000500 is possible. On the daily chart, the 200 moving average is at approximately $0.00000545. Key price levels for SHIB are: $0.00000440 as the closest psychological support level, $0.00000410 as the next support, and 0.00000500–0.00000530 as the first psychological resistance level. From the momentum standpoint, RSI is moving toward an oversold level. A break below the $0.00000410 support level could trigger a further decline , with a possible acceleration toward $0.00000400.

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