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Shiba Inu ($SHIB) Poised for New All-Time Highs: A Trend Analysis Coin Edition 26 Sep 2024

Shiba Inu ($SHIB) Poised for New All-Time Highs: A Trend Analysis 📈

Shiba Inu ($SHIB) has indicated a potential for new all-time highs (ATH). A cryptocurrency analyst has identified this potential by highlighting a breakout from a descending trendline, indicating a bullish reversal in its price action.

The price trend analysis of $SHIB/USDT has revealed a consistent downward trend characterized by lower highs, shown by a white descending trendline. This downward trajectory has been a point of observation for analysts and investors alike.

The post "Shiba Inu ($SHIB) Poised for New All-Time Highs: A Trend Analysis" originally appeared on Coin Edition, providing a detailed analysis of the recent price movements and the potential for a bullish reversal.

Quelle: coinedition.com ↗

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