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Cryptocurrency News Video

Shiba Inu [SHIB] Price Prediction for next week ?|| IN TELUGU #youtubeshorts #bitcoin #shibainu

Mar 24, 2024 at 09:08 am SHIBA MVR KUMAR TELUGU

#youtubeshorts #bitcoin #binance #shibainu

Shiba Inu paints a higher high on charts, signaling a potential reversal in investor sentiment and market dynamics. Following a period of consolidation, SHIB has broken past previous resistance levels.

SHIB's price has overcome a critical resistance level, now turning it into a support that traders should keep an eye on. This newfound support is situated around the $0.000022 mark. Should SHIB’s price retrace, this level could play a crucial role in sustaining the current bullish momentum. On the flip side, resistance lies near the $0.000028 level, a breach of which could pave the way for further gains.

SHIBUSDT
Chart by TradingView

Shiba Inu has recently climbed to a new high, which is quite important. This shows that people are willing to buy more even when prices dip, suggesting they believe in the reversal in the foreseeable future. Before this, SHIB's price was consolidating, so this upward move has made those who like SHIB hopeful that its value could keep rising.
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Video source:Youtube

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