CandleFocus Bollinger Bands Identify Next Important Stop for Shiba Inu (SHIB)
2024-12-16
Author: Content Editor
The price of Shiba Inu (SHIB) has experienced a significant decline recently, failing to return to the key support level. Crypto enthusiasts are uncertain about where the price will bottom out, but some indicators, like the Bollinger Bands, suggest that it may fall to around $0.00002438 per SHIB. This would be about 10% below the current price. A return above the moving average could cancel this scenario and indicate potential growth of more than 6.6%.
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