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