Shiba Inu's 10-Week Downtrend: Will SHIB Break Support or Rally?
Posted: Wed Feb 19, 2025 8:26 am
Shiba Inu: Dead Dog Walking or Sleeping Giant?
Shiba Inu’s price has been sliding downhill for 10 weeks. Adoption is at a four-year low. Both long and short-term holders are underwater. Is this the end of the SHIB dream?
The article paints a bleak picture, but it also mentions a potential breakout. If SHIB can flip resistance at 0.00001676, we could see a rally to 0.00002000.
So, is this just another dead cat bounce or the start of a real recovery? What catalysts could trigger a SHIB resurgence? Is the meme magic gone for good, or are we just seeing a temporary dip before the next big pump?
Let’s hear your thoughts. Are you holding, selling, or buying the dip? What price prediction are you brave enough to make for SHIB in the next month, quarter, or year?
Shiba Inu’s price has been sliding downhill for 10 weeks. Adoption is at a four-year low. Both long and short-term holders are underwater. Is this the end of the SHIB dream?
The article paints a bleak picture, but it also mentions a potential breakout. If SHIB can flip resistance at 0.00001676, we could see a rally to 0.00002000.
So, is this just another dead cat bounce or the start of a real recovery? What catalysts could trigger a SHIB resurgence? Is the meme magic gone for good, or are we just seeing a temporary dip before the next big pump?
Let’s hear your thoughts. Are you holding, selling, or buying the dip? What price prediction are you brave enough to make for SHIB in the next month, quarter, or year?