The crypto space again appears to have descended under the bearish influence as the major crypto lose their respective gained levels. While Bitcoin price is hovering around the $17,500 level, Ethereum price has dropped below the $1300 mark. Meanwhile, the Shiba INU price which has been bearish for quite a while is expected to slash hard offering a good buy opportunity.
The SHIB price rally appears to have weakened to a large extent wherein the sellers tend to place bets with high leverage to drag the price lower. Along with the price remaining within the bearish captivity, the trading volume also suffered a huge drop of more than 31% which is largely composed of selling pressure as the buying volume has waned off.
However, in the coming couple of days, the sellers are believed to gain more influence to drag the price lower.
The crypto space again appears to have descended under the bearish influence as the major crypto lose their respective gained levels. While Bitcoin price is hovering around the $17,500 level, Ethereum price has dropped below the $1300 mark. Meanwhile, the Shiba INU price which has been bearish for quite a while is expected to slash hard offering a good buy opportunity.
The SHIB price rally appears to have weakened to a large extent wherein the sellers tend to place bets with high leverage to drag the price lower. Along with the price remaining within the bearish captivity, the trading volume also suffered a huge drop of more than 31% which is largely composed of selling pressure as the buying volume has waned off.
However, in the coming couple of days, the sellers are believed to gain more influence to drag the price lower.
The crypto space again appears to have descended under the bearish influence as the major crypto lose their respective gained levels. While Bitcoin price is hovering around the $17,500 level, Ethereum price has dropped below the $1300 mark. Meanwhile, the Shiba INU price which has been bearish for quite a while is expected to slash hard offering a good buy opportunity.
The SHIB price rally appears to have weakened to a large extent wherein the sellers tend to place bets with high leverage to drag the price lower. Along with the price remaining within the bearish captivity, the trading volume also suffered a huge drop of more than 31% which is largely composed of selling pressure as the buying volume has waned off.
However, in the coming couple of days, the sellers are believed to gain more influence to drag the price lower.
The crypto space again appears to have descended under the bearish influence as the major crypto lose their respective gained levels. While Bitcoin price is hovering around the $17,500 level, Ethereum price has dropped below the $1300 mark. Meanwhile, the Shiba INU price which has been bearish for quite a while is expected to slash hard offering a good buy opportunity.
The SHIB price rally appears to have weakened to a large extent wherein the sellers tend to place bets with high leverage to drag the price lower. Along with the price remaining within the bearish captivity, the trading volume also suffered a huge drop of more than 31% which is largely composed of selling pressure as the buying volume has waned off.
However, in the coming couple of days, the sellers are believed to gain more influence to drag the price lower.