Price Prediction for Shiba Inu (SHIB) for May 20
The price of Shiba Inu today is trading around USD 0.00001397, extending its recent downtrend after failing to stay above the resistance zone of USD 0.00001500. The asset has dropped nearly 7% in the last 24 hours, marking its second consecutive red candle on the daily chart. This correction comes after Shiba Inu's price peaks earlier this month pushed it towards USD 0.00001760, only to encounter significant selling pressure around the 0.236 Fibonacci level of USD 0.00001590.
