Historical data has revealed a staggering 422 percent bullish trend for Shiba Inu (SHIB) in October. It has been a matter of curiosity whether past scenarios will come true for SHIB coin, which is currently following a resistance level at $0.00008.
bullish expectation
It has been determined that SHIB has recorded a price increase in October every year since its launch in 2020. A new rise expectation has arisen for the popular cryptocurrency, which has achieved an increase of 422 percent.
While October hopes for Shiba onu continue, attempts are being made to overcome the resistance level at $0.00008.
According to CryptoRank’s analysis, in October 2021, the Shiba Inu rose by a staggering 822 percent to reach an all-time high of $0.00008845. The story of the following October was not without its splendor; SHIB achieved a considerable gain of 10.4 percent despite a decline of 6.43 percent in September 2022.
So, based on all this, CryptoRank’s comprehensive data plotted an average rise of 422 percent for SHIB in October.
Although this historical rhythm may be attractive to investors, it is also very important to act with a common sense mind. Although past growth stories may be attractive, they cannot be used as investment advice; what is written above is only a prediction.
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