Shiba Inu prices fell by around 18% recently. Does that mean that the price could no longer reach $ 0.000045, or are the odds as good as before, or even better? In this article, we’re going to talk about a Shiba Inu Price Prediction.
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Shiba Inu prices suffer an 18% loss – Are we still Bullish?
Despite a major sell-off, we don’t necessarily have to be bearish, or a sell-off doesn’t have to be bearish. In that case, it was rather healthy for the Shiba Inu course. Price has risen quite a bit since hitting the +/- $ 0.000031 support. Because of this, a correction is good in this case. The course was able to correct the entire rise up to the GoldenPocket. After the course started the correction, it was able to complete the correction on the GoldenPocket. Now the price has performed a Doji in the last candle of the day, which is why we are assuming rising prices.
Shiba Inu Price Prediction – Where is our Target?
Since the Shiba Inu price corrected up to the GoldenPocket, it was able to form a possible ABC sequence. This ABC sequence has the first target at +/- $ 0.000045. The course could experience another correction there. After that, after the future correction is complete, the Shiba Inu course could complete the ABC sequence completely. The final goal of the ABC sequence is between $ 0.000052 and $ 0.000056. After the goal has been achieved, we assume another correction. Let’s follow up in a later price prediction article! Stay posted 😉
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