SHIB, LTC move away from recent lows on Saturday.
Although overall sentiment remains bearish, prices are starting the weekend relatively stronger. Litecoin also rebounded in today’s session.Shiba inu saw its price climb marginally higher to start the weekend, breaking out of a resistance level in the process.
SHIB/USD rose to an intraday peak of $0.00001324 to start the weekend, less than 24 hours after bottoming out at $0.0000122. Today’s move saw the meme coin move beyond a price ceiling of $0.00001290, and away from a recent floor at $0.00001160.However, today’s rebound has somewhat lost momentum, and this comes as the relative strength index of 14 days failed to move beyond the 55.00 mark.Should price strength continue toward this floor, there is a strong possibility that SHIB could fall below $0.00001200.
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