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Shiba Inu in danger of ‘topping signal’ as SHIB price loses 50% in 3 weeks -Breaking

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Memecryptocurrency Shiba Inu, (SHIB), has lost over 50% of its market capitalization in just three weeks after its peak in October.

SHIB’s priceAfter a 55% correction from its record high of $0.00008854, it dropped to $0.00004251 as of Nov. 19. Its price recovered a small portion of its losses on Friday, but the move looked indecisive due to weaker trade volumes — i.e., few traders supported the rebound trend.

Chart of price changes over four hours Source: TradingView John Wick
Bull flag price chart on SHIB/USDT TradingView