Shiba
Inutested
the
$0.00000555
level
at
one
point
early
Saturday
as
cryptocurrencies
intensified
an
earlier
sell-off.
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Shortly
after
testing
the
$0.00000555
price
point,
Shiba
Inu
further
fell
to
an
intraday
low
of
$0.00000544,
near
where
it
trades
at
press
time.
Cryptocurrencies
extended
an
earlier
drop
on
Friday
after
a
report
showed
U.S.
producer
prices
rose
more
than
expected,
suggesting
that
inflationary
pressures
remain,
reinforcing
bets
that
the
Federal
Reserve
might
remain
on
hold
for
the
time
being.
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Crypto
Market
Review:
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Guarded
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Will
Shiba
Inu
Have
Bullish
March?
Ethereum
Breaks
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100-Day
ThresholdXRP
Volume
Rises
212%,
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ETFs
Back
in
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$0.10
—
U.Today
Crypto
Digest
At
the
time
of
writing,
SHIB
was
down
6.43%
in
the
last
24
hours
to
$0.00000543
following
a
broader
market
sell-off,
which
saw
$515
million
worth
of
crypto
positions
liquidated
in
the
same
time
frame.
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SHIB/USD
Daily
Chart,
Image
By:
TradingViewThe
losses
pushed
most
major
tokens
into
the
red
on
a
weekly
basis,
with
Shiba
Inu
extending
its
seven-day
losses
to
16.03%.
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Might
Also
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Tue,
02/24/2026
-
09:13
Shiba
Inu
(SHIB)
Invalidates
Last
Bullish
Setup
It
Had
in
2026
ByArman
Shirinyan
Shiba
Inu
teammember
Lucie
reacts
to
the
ongoing
market
sell-off,
citing
three
reasons
for
the
drop.
Lucie
named
hotter
than
expected
data,
AI
and
tech
stocks
pullback
and
rising
macro
concerns
as
key
triggers
that
contributed
to
the
ongoing
market
sell-off.
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Lucie
highlights
the
big
picture,
describing
the
market
sell-off
as
"a
classic
risk-off
day."
The
Crypto
Fear
and
Greed
Index
remains
in
extreme
fear
at
14,
indicating
cautious
sentiment
across
the
market.
Lucie
added
that
"When
fear
rises,
crypto
feels
it
harder
than
most."
What's
next?
The
RSI,
especially
on
lower
time
frames,
has
entered
deeply
oversold
levels,
below
30.
This
indicates
the
possibility
of
a
relief
rally
or
a
dead
cat
bounce
at
least
in
the
short
term.
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Might
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Fri,
02/27/2026
-
14:45
Shiba
Inu
Open
Interest
Drops
to
$59
Million
as
Price
Tests
Support
at
$0.000006
ByTomiwabold
Olajide
The
broader
crypto
market
will
be
watched
with
respect
toShiba
Inu's
recovery.
The
next
resistance
targets
will
be
$0.000007
and
$0.00000949,
which
coincide
with
the
daily
moving
averages
50
and
200.
Support
is
expected
at
$0.000005,
where
Shiba
Inu
halted
its
drop
on
Feb.
6.
Crypto
is
just
a
day
away
from
the
highly
anticipated
March
1
deadline
to
settle
reward
provisions
for
the
Clarity
Act.
Though
there
is
little
discussion
about
it
currently,
analysts
expect
it
to
be
the
main
driver
of
markets
heading
into
March.