• In a tweet this morning, Siburn introduced that SHIB’s Twitter app had been taken down.
• The tweet highlighted the truth that the app has a stable two-year observe file on the platform.
• Regardless of this, the worth of SHIB may rise by greater than 1% within the final 24 hours.

Sievern took twitter Earlier this morning, we introduced that the Twitter app had been shut down for no obvious motive. The Shiba Inu (SHIB) crew even personally tagged the Twitter help crew and Elon his masks in a request for assistance on the platform.

The sudden cease got here as a shock to the SHIB crew, who had a stable observe file of compliance for 2 years. The publish additionally pointed to the truth that the promised explanatory e mail didn’t arrive, and submitting a help ticket proved tough.

The publish concludes by emphasizing that the SHIB crew has at all times made it a precedence to observe Twitter’s tips. The publish additionally publicly requested Musk and the Twitter crew for extra assist in resolving the difficulty as quickly as potential.

Memecoin’s worth was in a position to rise by about 1.51% over the previous day, regardless of points with SHIB’s Twitter app. Consequently, on the time of this writing, he was value $0.000007973 in his SHIB.

From a technical perspective, Memecoin worth rebounded from the important help degree of $0.00000635 on June 15, 2023. Since then, the cryptocurrency worth has risen above the 9-day and 20-day EMAs, the place it continues to commerce on the time of writing. .

The altcoin worth managed to interrupt out of the subsequent main resistance degree of $0.00000821 on Thursday earlier than reversing to finish the day by day buying and selling session at $0.00000780. Since then, the worth of SHIB has been in a position to rise above this degree.

In the meantime, the 9-day EMA line was making an attempt to interrupt out of the 20-day EMA line. A crossing of those two technical indicators inside the subsequent 24-48 hours will point out that the SHIB worth has entered a short-term bullish cycle. This might trigger the cryptocurrency to flip the aforementioned $0.00000821 resistance to help inside the subsequent few days.

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