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Shiba Inu Price Analysis: Experts Divided on SHIB’s Next Move Blockonomi 21 Okt 2024

Shiba Inu Price Analysis: Experts Divided on SHIB’s Next Move 📈

SHIB Shiba Inu

The meme-inspired cryptocurrency, Shiba Inu (SHIB), has been in the spotlight following an 8.18% appreciation over the past week. Analysts are divided on SHIB’s next move. Analyst MMBTtrader forecasts an ambitious 200% increase, with a target price of $0.000038.

In contrast, analyst SwallowPremium expects a more conservative outcome, anticipating a potential price correction. SHIB is currently trading at $0.00001925, with a critical resistance level set at $0.0000216, which could influence its future price direction.

The conflicting analyses underscore the uncertainty and volatility present in the cryptocurrency market, specifically among meme coins like SHIB.

Quelle: blockonomi.com ↗

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