- Thu Feb 06, 2025 8:55 am
#20697
Shiba Inu Death Cross: Harbinger of a 45% Crash or Buying Opportunity?
SHIB is flashing warning signs a death cross formation and plummeting burn rate. Paired with declining DeFi TVL and open interest, this paints a bearish picture, potentially signaling a 45% drop to $0.000008480. However, contrarian investors might see this as a prime entry point.
Is this the beginning of the end for SHIB, or is this dip a chance to accumulate at a discount? What other factors could influence SHIBs price in the coming months? Could the anticipated Shibarium improvements reverse this trend? Share your analysis and predictions.
SHIB is flashing warning signs a death cross formation and plummeting burn rate. Paired with declining DeFi TVL and open interest, this paints a bearish picture, potentially signaling a 45% drop to $0.000008480. However, contrarian investors might see this as a prime entry point.
Is this the beginning of the end for SHIB, or is this dip a chance to accumulate at a discount? What other factors could influence SHIBs price in the coming months? Could the anticipated Shibarium improvements reverse this trend? Share your analysis and predictions.