Key Technical Indicator Suggests Shiba Inu ($SHIB) Is Oversold

Key Technical Indicator Suggests Shiba Inu ($SHIB) Is Oversold


CryptoGlobe
2022-06-17 21:20:00

A key technical indicator for the meme-inspired cryptocurrency Shiba Inu ($SHIB), the Relative Strength Index (RSI), is suggesting that the cryptocurrency is currently oversold after a major sell-off occurred in cryptocurrency markets. According to data from crypto analytics firm CryptoQuant, Shiba Inu’s RSI is currently at 17, which suggests the cryptocurrency is strongly oversold. The […]