Why is Shiba Inu dropping?

The slow delivery of the projects and products on the Shiba Inu ecosystem has been one of the biggest reasons SHIB is quickly losing traction in the market. There are very few products that the team has released, and this means the project lacks utility.

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What is Shiba RSI?

The RSI is a line graph that moves between two extremes and has a reading from 0 to 100 . Traditional usage of the RSI is that: RSI values of 70 or above indicate that an asset is becoming overbought and prime for a trend reversal or experience correction in the asset – Shiba Inu (SHIB) – USD price.

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Is Shiba Inu going up?

Shiba Inu ( SHIB 1.19% ) is one of the fastest-growing cryptocurrencies of all time, soaring more than 41,016,168% since late 2020. While its price has taken a hit in recent weeks (falling more than 73% from its peak), some investors still believe in its potential .

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