Around April 17th, Shiba Inu (SHIB) could potentially see a price boost linked to a key technical indicator, as charts suggest a nearing convergence between the 50-day Exponential Moving Average (EMA) and SHIB’s current price. This convergence is anticipated to form a dynamic support level, which may influence investor behavior and support upward price movement. Exponential Moving Averages (EMAs) serve as essential tools in technical analysis, providing average prices over a chosen period with a higher weighting given to more recent prices. EMAs often act as dynamic support levels in trading. When an asset’s price nears an EMA, it can
