CandleFocus Shiba Inu (SHIB) Price May Have Hit Bottom, Popular Indicator Signals
2025-01-21
Author: Content Editor
The article discusses the price action of the cryptocurrency Shiba Inu (SHIB) amidst recent market volatility. Despite the turbulence and significant liquidations, SHIB has maintained a stable price level of $0.00002, indicating potential support from both bears and bulls. The Bollinger Bands, a technical indicator, also suggest that SHIB may have reached its bottom, with a higher probability of a price increase rather than decrease. The next price targets for SHIB could be at $0.0000222 and $0.000025. Overall, the article suggests that SHIB has potential for growth, with estimates ranging from 8% to 20%.
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