Fixed correction? This indicator announces a reversal of Shiba Inu

The Shiba Inu (Shib) is going through a difficult period, but far from being a death stop, this correction could well hide a gold opportunity for clever investors. In the ruthless universe of cryptos, fluctuations are commonplace and, often, calm precedes the storm. By relying on certain technical indicators, analysts perceive rebound potential. So, should we give in to panic or, on the contrary, take advantage of this lull to strengthen its positions?

Shiba Inu transforming into phoenix and surrounded by graphics and cryptos

The price of the shib at the edge of a reversal

Shiba Inu recently flirted with its lower level of Bollinger stripsan indicator which, for initiates, can report a imminent. After a Fall of 14 % In a few days, Shib Rebounded by 9 % By reaching $ 0.00001462, a dynamic reminiscent of its previous bulls.

Graphic-Shiba InuGraphic-Shiba Inu
Shiba Inu graphics – Source: tradingView

Historically, when the crypto shib touches this area on a weekly graphic, it happens to itchaining impressive increases. This is evidenced by the recent ascent of 28 % in six days after a similar episode.

If the scenario is repeated, the next SHIB goal would be between $ 0.0000178 and $ 0.0000217, a potential increase from 13 % to 38.9 %.

https://twitter.com/ressanresearch/status/18806254042071576111

Nakamotion, a seasoned investor, recalls:

“” You have to be patient and stop doubting. I have always bought, never sold. My unique strategy is to hold on to the final goal. »»

A mantra that some investors may follow fervently.

The crypto market awaiting a draft

Large investors do not seem to have thrown in the towel. Despite the drop, some have discreetly accumulated 840 billion shibs This month, proof that the Crypto market continues to believe in a reversal.

These mastodons anticipate an outbreak Who could erase one or even two zeros in the price of Shiba Inu.

If SHIB reaches $ 0.0007this is what would be:

  • 100 million shibs : $ 70,000;
  • 500 million shibs : $ 350,000;
  • 1 billion shib : $ 700,000.

And if Shib was reaching $ 0.005 ?

  • 100 million shibs : $ 500,000;
  • 500 million shibs : $ 2.5 million;
  • 1 billion shib : $ 5 million.

The achievement of these objectives will not be done without effort. To see shib climb to these levels, a Drastic reduction in the offer is necessarywhich implies a burn program much more ambitious than that in place currently.

Shiba Inu: an altcoin always in ambush

Even if Shiba Inu seems to have come out of the spotlight, he remains a key player in the crypto market. The predictions on his future diverge: some analysts think he will reach $ 0.0007 by 2030others repel this deadline to 2034.

Prix-Shiba Inu- 2050Prix-Shiba Inu- 2050
Prediction on the evolution of the course of the Inu Shiba – Source: Telegaon

As for the CAP of $ 0.005,, estimates vary between 2036 and 2040.

Early investors know it: Shib is not a simple ephemeral same. He has already proven His ability to thwart forecasts. If his tumultuous past teaches us something, it is good that underestimating his resilience could cost those who ignore it.

Your 1st Cryptos with Coinbase
This link uses an affiliation program

In conclusion, even if the shib goes more unnoticed lately, it is not forgotten. Large investors have always bet big on him, and their strategy has not changed. It remains to be seen whether the story will give them, once again, reason.

Maximize your Cointribne experience with our 'Read to Earn' program! For each article you read, earn points and access exclusive rewards. Sign up now and start accumulating advantages.

Similar Posts