The price of Shiba Inu (SHIB) cryptocurrency is anticipated to experience significant price action in the coming weeks. The Bollinger Bands, a popular technical analysis tool, suggest that the price has found support at a median level. If the price maintains above this level, a bullish trend is expected, potentially leading to a 50% increase. However, if support is lost, a drop in price of the same magnitude is likely. Considering the historical performance of the cryptocurrency market during the January to March period and its current stability, an upward move is currently viewed as the more probable scenario.
- Content Editor ( u.today )
- 2025-01-14
Shiba Inu (SHIB) Eyes Major 50% Move as Bollinger Bands Signal