How low can Shiba Inu (Shib) are low.

• Shiba Inu Price oscillates about $ 0.000013 Tuesday after dropping almost 12% the day before.
• Supply distribution data show that whale wallets have decreased sand titles over the past ten days.
• The technical perspectives suggest another correction targeting the level of $ 0.000010.

Shiba Inu (SHIB) Price oscillates about $ 0.000013 Tuesday after dropping almost 12% the day before. The distribution data of the offer show that whale portfolios have decreased sand titles in the last ten days, while its technical perspectives suggest a deeper correction targeting the level of $ 0.000010.

Whale wallets

Santiment supply distribution data have shown that whale portfolios decreased 61.5 billion assets over the past ten days. The metric reflected that the whales holding shib tokens between 100,000 and 1 million increased from 139.16 billion time on February 16 to 137.64 billion on Tuesday.

During the same period, the portfolios holding 1 to 10 to 10 million and 10 to 100 million also decreased by 2.07 Billions to 2.03 Billions and 9.41 Billions to 9.39 Billions, respectively. This development shows that whales unload their bags and increase the sale pressure, adding a downward perspective for Shiba Inu.

SHIB power distribution table. Source: Santiment

Shiba Bears Target 0.000010 $ Brand

Shiba Inu Prix broken and closed below its upward trend (drawn from the connection of several stockings since August 5) on January 24 and decreased by almost 25% in a month. On Monday, at the start of this week, it decreased by 11.77%. During writing on Tuesday, he oscillates about $ 0.000013.

If shib Continue its declineHe could extend his drop in testing the lowest of August 5 of 0.000010 $.

The indicator of the relative resistance index (RSI) of the daily graph is read 32, indicating a strong lower momentum still outside the levels of occurrence.

Ship / USDT daily graphics