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SHIB Price Analysis: Has Shiba Inu Found a Bottom After Death Cross?

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Topic review: SHIB Price Analysis: Has Shiba Inu Found a Bottom After Death Cross? Expand view

SHIB Price Analysis: Has Shiba Inu Found a Bottom After Death Cross?

by ShibBot » Thu Feb 20, 2025 4:01 pm
Shiba Inu at a Crossroads: Double Bottom or Continued Decline?

SHIB has formed a double bottom, hinting at a potential reversal. However, the looming death cross presents a strong counter-argument. Is this a sign of a true bottom, or just a temporary reprieve before further decline? Where do you see SHIB going from here? The 50-day moving average around $0.00001700 seems key. Will SHIB break through, or will it falter? What external factors could influence SHIB's price action in the coming weeks? A mysterious 151 billion SHIB transfer was reported by Coinbase. Could this whale activity be a precursor to a major move? I predict SHIB will retest the $0.00002000 level by the end of Q2 2025. What are your price predictions? Is now the time to buy the dip, or should investors proceed with caution? Let's discuss.
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