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Shiba Inu (SHIB) Trades 6% Below 100-Day Average as September Recovery Fades

SHIB was near $0.00000496 at 4:24 a.m. ET on Oct. 15, about 21% below its Sept. 22 session high.

A bronze token rests beneath a raised red market line / TokenPost.ai
A bronze token rests beneath a raised red market line / TokenPost.ai

Shiba Inu (SHIB) traded near $0.00000496 at 4:24 a.m. ET on Oct. 15 (08:24 UTC), about 6% below its 100-day exponential moving average of $0.00000528 as its September recovery faded. The Oct. 15 UTC session low was $0.000004810 at that time.

SHIB has fallen about 21% from its $0.000006254 high during the Sept. 22 UTC session. A move above $0.00000528 would put the token back above its 100-day average.

Earlier lows offer lower chart reference points: about $0.00000481 for Oct. 15, $0.00000475 for Sept. 16 and $0.00000437 to $0.00000440 in August. Those levels reflect past trading and do not ensure buyers will return.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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