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Shiba Inu (SHIB) on Verge of 17% Crash, According to Bollinger Bands
The cryptocurrency market is known for its volatility and unpredictability. However, in the case of Shiba Inu (SHIB), a sudden and significant price movement has been predicted by technical analysis based on the Bollinger Bands indicator.
According to the data provided, SHIB’s price activity may be heading toward either an 18.3% rise or a 17% decline. While it is difficult to predict with certainty which direction the market will take, the median acting as resistance level does indicate a bearish bias at this time.
As a result, investors are advised to proceed with caution and consider both potential outcomes before making any investment decisions regarding SHIB.
Source: u.today
