The Shiba Inu (SHIB) community is looking forward to the launch of Shibarium, a layer-2 blockchain that will use SHIB as its native token.
SHIB holders had 16 positive, 10 negative, and four neutral days in the last 30 days, according to data retrieved by Finbold. SHIB’s price is also going to its seventh positive week in a row, all considering the variation between the opening and closing prices in each given range.
On August 5, SHIB crossed the 200-day exponential moving average (200 EMA), after being traded for over five months (since March 3) below this important technical analysis (TA) indicator for long-term price trends.
Source: TradingView
Crossing the 200 EMA after five months shows a positive shift in sentiment for Shiba Inu investors and traders, which could be related to Shibarium’s expected launch date, set for the end of August.
However, Shibarium was first expected to have been launched in May, then this week — between August 15-16 — followed by the last launch p
We współpracy z: https://finbold.com/shib-price-analysis-as-shibarium-launch-approaches/
