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Market Overview
SHIB/BRL closed at 0.0000524 BRL on October 30, 2025, reflecting a 0.66% decrease from the previous close and continuing a downtrend evident over the past 30 days with a period return of -5.43%. The price remains below the 20-day SMA (0.00005375) and 5-day SMA (0.00005306), indicating sustained selling pressure. The 50-day and 200-day DMAs are not provided but the trend and momentum suggest bearish conditions persist. The RSI is not specified, but the under-chart summary confirms weakening momentum. Nearest support is at 0.0000524, with resistance near 0.0000555. No significant upcoming events are noted that might alter this trajectory. For information only.
Last Updated 10/30/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.