Shiba Inu Price Analysis: 24% Potential Drop to $0.00001 Amid Falling Wedge Pattern
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Shiba Inu's price is predicted to decline by 24% to $0.00001 amid the current market correction. This projection is based on the oversold Relative Strength Index (RSI), which is at 26%. Such a low RSI typically indicates that an asset is oversold and could be primed for a negative correction.
The price pattern resembles a falling wedge, a technical indicator that generally forecasts a potential downward trend. If the pattern persists, Shiba Inu may find new support at the anticipated lower price level.
Fonte: en.coinotag.com ↗
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