CandleFocus Analyst Says He Likes Shiba Inu a Lot From Here, Predicts a Surge to $0.00006937
2024-12-03
Author: Content Editor
The Shiba Inu token, the second-largest meme coin by market cap, is experiencing a consolidation phase after reaching an eight-month high in early December. Analysts are optimistic about the token's future, with TSLA Tracker predicting a further uptick to $0.00006937 and Javon Marks expecting an upswing to $0.000081. However, the market indicators for Shiba Inu are mixed, with the relative strength indicator suggesting more upside potential while the MACD indicator indicates a bearish outlook. The token's trading volume has also declined, signaling reduced trading activity. Currently, Shiba Inu is trading at $0.000030225.
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