Shiba Inu's price has been consolidating for the past months following a crash on August 5. Although there was a brief surge around August 20, the gains were not sustained, and the asset returned to its range.
Despite this, several crypto analysts suggest that SHIB could potentially hit $0.001. The question remains whether Shiba Inu can overcome the prevailing bearish pattern.
The article was originally published on CoinGape.
