Despite recent struggles, a market analyst believes that Shiba Inu still has bullish potential. The meme coin has experienced a correction and has failed to reach its yearly high, but the analyst suggests that it could rebound from its current dip. The analyst points to specific support zones and resistance levels to watch for, depending on whether the bearish momentum continues or if the coin regains bullish momentum. Other analysts have also speculated on potential price targets for Shiba Inu. Currently, the coin is trading at $0.00002178, down 2.6% in the past 24 hours.
- Content Editor ( thecryptobasic.com )
- 2024-12-27
Analyst Says Shiba Inu is Stuck at Bull Market Support, and That’s Fine