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Shiba Inu (SHIB) on Verge of 17% Crash, According to Bollinger Bands
The cryptocurrency market is often unpredictable, and even the most promising assets can experience sudden downturns. Recent data suggests that Shiba Inu (SHIB) may be on the verge of a significant drop, with a potential decline of around 17%. This prediction comes from analyzing the cryptocurrency’s recent price activity using Bollinger Bands.
In a surprising turn of events, SHIB has been experiencing an uptrend in recent days. However, according to Bollinger Bands analysis, this rally may be short-lived and followed by a substantial drop. The data suggests that the median will act as resistance, pushing the asset’s price down by approximately 17%.
It is essential to note that this prediction is based solely on technical analysis using Bollinger Bands and should not be considered investment advice. Traders and investors are advised to take any predictions with a grain of salt and conduct their own research before making decisions.
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Source: u.today
