CandleFocus Analyst Recommends Buying Every Shiba Inu Dip After SHIB Made This Move
2024-11-12
Author: Content Editor
Crypto chartist CryptoAmsterdam recommends investors to view price declines in Shiba Inu as opportunities to buy more SHIB tokens. The chartist updated their previous forecast and mentioned that Shiba Inu had formed a "mini-cycle structure," leading to a potential upward trend. They advised investors to wait for two key signals: SHIB's break above the corrective mini-range level or a false breakout. Shiba Inu has seen significant growth recently, reaching a 7-month high. CryptoAmsterdam expects the upward trend to continue and suggests that dips in price should be seen as buying opportunities. Shiba Inu has risen in rankings and now sits among the top 10 cryptocurrencies by market cap. An expert projects that SHIB could soon reach a market cap of $100 billion. However, investors should be cautious due to potential volatility during the ongoing bull run.
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