The volatility in the altcoin market favored memecoins, with Shiba Inu (SHIB) up 55.49 percent in its twelve-day trend.
Pepe (PEPE) first and then Shiba Ina (SHIB) drew attention in memecoins that adapted the price structure of BTC the fastest. After PEPE, which increased by 91 percent in a short time, SHIB took action. SHIB, which has been in a rising trend structure since June 10, rose 55.49 percent from the bottom point as of the writing of the news. Can SHIB’s upward moves continue? What are the critical prices to watch?
Where Can Shiba Inu (SHIB) Price Go?
SHIB, which retreated after being rejected at $0.00000844, is currently priced at $0.00000803. Performing 55.49 percent in just 12 days, SHIB could target $0.00000919 – 0.00001008 – 0.00001074 and 0.00001166 if it can hold above $0.00000844.
In the scenario where BTC is correcting or SHIB is losing value independently, the points to watch for buying are 0.00000774 – 0.00000751 – 0.00000650 and 0.00000544 respectively. Failure to hold the last specified support value may further exacerbate SHIB declines.
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