Analytics

Shiba Inu Price Could Provide Buying Opportunity Before SHIB Skyrockets 50%

19.08.2024

Shiba Inu price has been diverging from the broader market over the last two weeks, trending lower as the other crypto assets followed Bitcoin’s erratic swings. Despite Shibarium chain developments, the SHIB volume continues to dwindle, and the weakness is also reflected in its price. An analysis of futures trading data and price action reveals that SHIB price may enter a period of max pain followed by a bullish surge exceeding 500%.

Source

19.08.2024
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