Shiba Inu Crashes to $0.000008888 After Tremendous Bearish Period

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• Shiba Inu price analysis is bearish today.
• The price has receded down to $0.000008888.
• Support for SHIB/USD is found at $0.000008808.

Shiba Inu price analysis indicates that the price is travelling low once again as the bears made a comeback today. The bulls had been at the upper position during the last few days by winning successively and rising to record highs repeatedly. But the trends are shifting as the price is now covering the downward range. The price has come down to the $0.000008888 level because of the successful bearish attempt. A further downfall is likely to continue if the bears remain in power.

The 1-day Shiba Inu price analysis shows that the price is flowing downwards after the bears made a comeback today. The SHIB confirms the downfall, as the price can be seen degraded to $0.000008888. The past week’s value improved the coin’s value, but the trends have also undergone a slight shift today. The bulls were in control, and the price rose above $0.000009293, but that movement initiated the fall.

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