Shiba Inu (SHIB) Market Analysis || 10 December, 2023

Assalamu Alaikum friends,
The bull market has begun. As a result, the price of Bitcoin has started to increase. The value of other altcoins is increasing along with Bitcoin. As a result, a kind of euphoric atmosphere is operating in the crypto market. With this prize increase, everyone started investing in crypto. This has resulted in a buying spree in the crypto market. As a result, the prize is only pumped and pumped. Now there is nothing named to dump. I will share the Shiba Inu Coin Market Analysis in today's blog. I hope you like it. So let's begin:-

Shiba Inu was one of the top gainers of the last bull market. Shiba Inu is expected to perform well in this bull market as well. Currently, Shiba Inu's price is running at $0.00001026 and it is expected that Shiba Inu's price will hit 0.01$ in this bull market. Will Shiba Inu's prize really hit 0.01$? This question is in everyone's mind. Nothing is impossible in the crypto market. Everything is possible with buying pressure.

In the chart below we can see the price graph of Shiba Inu. And this chart shows that Shiva Inu is pumping the price on the weekly candle. Constantly the price is now moving upside. Which gives some kind of pattern signal.

The above pattern signal is an inverse head and shoulder pattern. Pointer 1 and 3 are shoulder and Pointer 2 is Head. Since this pattern occurs in reverse, the name of this pattern is Head and shoulder. Pointer 4 of this pattern has the same pump gain as Pointer 2. Then this pattern is considered valid and is considered as the entry point. Currently, the 4th pointer is signaling as an entry zone.

So I hope Shiba Inu's prize doesn't pump too fast but slowly she will reach her destination right.