CandleFocus Shiba Inu Gains 39% in November: What’s Next for SHIB in December?
2024-11-29
Author: Content Editor
The Shiba Inu (SHIB) cryptocurrency has experienced both growth and decline this month, with a 39% surge over the past 30 days. However, its current price is still 71.29% below its all-time high. Analysts predict a possible price rally, with one analysis suggesting SHIB could increase by 800%. While some data projects a minor decline for SHIB by December 2024, other analysis suggests the altcoin could rise further in November and have a strong December. Technical indicators, such as the RSI and Directional Movement Index, indicate bullish momentum and suggest the possibility of further price increases if the momentum continues. However, it is important to note that the cryptocurrency market is unpredictable, and these forecasts are subject to change.
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