proved that it can still command strong demand after briefly dipping below the $0.00001 price level once again. Its price action has been dancing around its 50-day moving average for the last few days and the latest uptick has resulted in a move above the same MA.
further increased according to the whale transaction metric. This means the overall sentiment is improving in favor of the upside. This observation resonates with higher exchange outflows as compared to inflows, especially in the last three days. Exchange outflows peaked at 194 billion on 13 July. A similar observation was made on 14 July with outflows peaking at 159.39 billion coins while inflows peaked at 101.5 billion coins.Shiba Inu’s exchange outflows peaked at 171.52 billion
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