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Shiba Inu (SHIB) Reversal Predicted, But This Key Trigger Is Crucial
After a drastic 83% plunge in its crucial metric, the crypto community has been left wondering if Shiba Inu (SHIB) will be able to recover. However, recent analysis suggests that a reversal might not be entirely impossible.
While Lucie’s prediction indicates that SHIB may be gearing up for a turnaround, it is essential to emphasize that timing and macro triggers play a crucial role in the outcome. In other words, if Bitcoin regains strength and investor confidence returns, altcoins like SHIB could potentially rally in response. This undervaluation of SHIB could provide a catalyst for the token’s price to rebound.
The recent development where SHIB has managed to hold above the $0.000010 level since Monday’s sell-off is a crucial factor that needs close attention. The bears’ attempts to add an additional zero to its price have been halted, and it will be interesting to observe how SHIB performs in the coming days.
Will we see a reversal? Only time will tell, but one thing is clear: any turnaround will require a broader market recovery and a return of investor confidence in Bitcoin.
Source: https://u.today/shiba-inu-shib-reversal-predicted-but-this-key-trigger-is-crucial
