
Shiba Inu (SHIB) on Verge of Death Cross: Possible Scenarios
The price of Shiba Inu has already lost 4.4% since the beginning of the week, and the death cross has not even formed yet. This may indicate that the market is pricing in the upcoming dip. On the positive side, such behavior could mean that when the death cross finally arrives, it will not be the beginning of the fall, but rather the beginning of the end of the fall.
So there really are not many options. The first is that the price of the Shiba Inu token will continue to fall, with the $0.000011 level serving as the next major price support level. And yes, it is 26% below the current SHIB price.
The second is that the Shiba Inu token will fluctuate somewhere between $0.000011 and $0.000017 until one of these extremes is reached. What happens then will further explain the future.
Source: u.today