CandleFocus Shiba Inu Surges 39% in November: December Outlook for SHIB
2024-11-30
Author: Content Editor
In November, Shiba Inu (SHIB) experienced significant volatility but showed resilience, recording a 39% increase in market value over the past 30 days. Despite being 71.29% below its all-time high, analysts have varying forecasts for SHIB's future performance. Charting Guy predicts a potential rally that could increase SHIB by 800% to $0.00022, while CoinCodex projects a minor decline of -1.13% by December 2024. Technical indicators suggest a bullish trend, with the Relative Strength Index (RSI) and Directional Movement Index (DMI) signaling potential upward movement. SHIB is currently trading at $0.00002541 with a market capitalization of $14.97 billion.
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