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Cryptocurrency News Articles
Shiba Inu Coin (SHIB) Price Prediction for November 2024
Oct 23, 2024 at 04:01 am
The SHIB chart suggests a very specific and clear target for Shiba Inu Coin (SHIB), to be hit by the first week of November 2024.
Our SHIB price prediction suggests a very specific and clear target for Shiba Inu Coin (SHIB), to be hit by the first week of November 2024. As discussed in detail in our separate Shiba Inu Coin price prediction research, there are a few important things coming up for SHIB, which we will cover here briefly.
With this in mind, let’s review the SHIB chart and discuss crypto market momentum.
Buy the SHIB Dip – The Next (And Last?) Opportunity
A glance at the chart suggests that a ‘buy the dip opportunity’ is underway. Moreover, it might be the last ‘buy the dip opportunity.’
Why? Because the SHIB chart pattern is starting to look really solid. It’s a bullish reversal, and it’s starting to become a very powerful bullish reversal.
The pattern on this chart suggests that SHIB may not trade for a long time below its current level.
SHIB Buy The Dip Opportunity – Exact Price Points
According to our predictive research, as said above, the most obvious price target of the next ‘dip’ is $.0000144. Will SHIB Fall For Sure To $.0000144? Most likely, yes, even though nothing is for granted in financial markets.
RELATED – Which Cryptocurrencies Will Be Explosive in 2025?
This Is What A Sell-Off Might Look Like
Our own assessment is that $.0000144 is a high probability price target for the first part of November 2024.
SHIB Lack Of Momentum Vs. Crypto Momentum
One thing became pretty clear in October 2024 – the lack of momentum. Compared to September or even March, when bullish momentum picked up softly (Sept) or strongly (March), it is clear that October has no momentum whatsoever.
Is October A Lost Month?
Not really, because October is helping build a base. This applies particularly to a token like SHIB, which experiences a continuous improvement of its chart.
The SHIB price chart really needed a break, and October is helping a lot in establishing a solid base.
Moreover, a meme coin like SHIB can impossibly create momentum when BTC has no momentum, noted not only by ourselves but even financial media. That’s not consistent with market dynamics.
SHIB investors should be patient, and the SHIB chart suggests that patience will be rewarded.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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