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Shiba Inu (SHIB) Sits 6% Below Its 100-Day Exponential Moving Average

About 21% below its Sept. 22 UTC session high, SHIB was near $0.00000496 in the Oct. 15 snapshot at 4:24 a.m. ET (08:24 UTC).

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A Shiba Inu silhouette and two benchmark lines form a restrained cryptocurrency market graphic / EconoTimes.ai
A Shiba Inu silhouette and two benchmark lines form a restrained cryptocurrency market graphic / EconoTimes.ai

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Shiba Inu (SHIB) was 21% below its Sept. 22 high in an Oct. 15 snapshot, with the price also 6% beneath its 100-day exponential moving average.

At 4:24 a.m. ET (08:24 UTC), SHIB was near $0.00000496. The Sept. 22 session high was $0.000006254, while the 100-day average stood at $0.00000528. Crossing $0.00000528 would place SHIB above its 100-day average again.

SHIB's Oct. 15 UTC session low stood at $0.000004810 at the time of the snapshot. Sept. 16 had an earlier low of about $0.00000475, while August trading saw lows from $0.00000437 to $0.00000440. Past trading levels do not guarantee buyers will return.

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