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Bearish Battle to Reverse; SHIB Bulls Begin to Break Free

Published 05/16/2023, 11:42 AM
Updated 05/16/2023, 12:00 PM
Bearish Battle to Reverse; SHIB Bulls Begin to Break Free
SHIB/USD
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  • Bears are dominating the SHIB market despite CoinMENA listings news.
  • SHIB/USD is showing signs of a positive reversal with green candlesticks.
  • RSI and TRIX are suggesting that the market’s negative momentum is fading for SHIB.

Despite the news on May 15 that it would be listed on Bahrain’s Central Bank Regulated Exchange, CoinMENA, the Shiba Inu (SHIB) market has been dominated by bears in the previous 24 hours.

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