Shiba Inu (SHIB) trades near key support levels as Q4 begins

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Shiba Inu is back in focus as traders prepare for Q4. The current SHIB price is $0.00001260. SHIB is testing a long-term support range between $0.00000850 and $0.00001183. Some market analysts describe this area as important for near-term direction. If it holds, SHIB could see a rebound. However, if it breaks, prices could move lower.

Market participants are watching whether Shiba Inu can reclaim higher levels. Separately, a project called Remittix (RTX) has been mentioned in recent discussions around payment-focused crypto projects, based on the projects own materials and marketing.

Shiba Inu Price Levels And Outlook

The current SHIB price is $0.00001260, and SHIB has continued to post lower highs relative to its all-time peak. Some traders point to bids within the $0.00000850 $0.00001183 range as a sign of ongoing buying interest.

Recent candles have shown a tightening range. In technical analysis, volatility contractions can sometimes be followed by larger moves, although direction is uncertain. Technical resistance levels cited by some traders include $0.00001580, followed by $0.00001940, $0.00002400, and $0.00003338.

Some chart watchers also point to an overhead supply zone around $0.00007870 $0.00008836. On the downside, if support does not hold, some technical scenarios reference $0.00000543 as a lower level to watch. Traders often monitor such levels to frame potential risk.

The zone between $0.00000850 and $0.00001183 is a range some buyers view as relatively attractive, while others wait for clearer confirmation (such as daily-to-weekly closes) before increasing exposure.

Remittix (RTX): Project overview

Remittix (RTX) is a payments-focused crypto project that describes its product as supporting crypto-to-bank transfers. According to the project, it has raised over $26.9 million, sold more than 673 million tokens, and is currently priced at $0.1130. These figures and claims have not been independently verified in this article.

Points the project highlights:

  • The project references a CertiK profile; readers can review any related information directly via the providers site.
  • The project says a wallet beta is available.
  • According to the project, the platform supports sending crypto to bank accounts in 30+ countries.
  • The project also states it supports 40+ cryptocurrencies and 30+ fiat currencies.
  • Project materials describe a referral program; terms, eligibility, and risks may change.

Summary

Shiba Inu is testing support levels between $0.00000850 and $0.00001183. If that area holds, some traders will watch whether price can revisit $0.00001580 and other nearby resistance levels; if it fails, lower levels such as $0.00000543 are also monitored by some market participants.

Remittix is a separate project that is being discussed alongside other payment-related crypto initiatives, with fundraising and product claims primarily coming from the project itself. Readers may wish to compare any project statements with independent sources where available.

Project links (for reference):
Website: https://remittix.io/

Socials: https://linktr.ee/remittix


This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.

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