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Shiba Inu Prediction – Why You Should Invest in Shiba Inu NOW!

 


In our last Shiba Inu forecast we wrote that the price could fall a bit in the near future. We have expected a drop of around 17% to test the next support. The price then fell to support while showing a bullish reaction. But how could the course continue in the near future? Will we continue to rise, why invest in Shiba Inu now ? We at CryptoTicker will explain this to you!


Is Shiba Inu in an Upward Trend?

Shiba Inu price broke a key trend line during the last pump. By breaking the trendline, the price could start a new uptrend, since a falling trendline break is an indication that a new uptrend is about to be created. In the next few hours, we expect another minor decline to confirm the trendline as support. At the same time, the course would confirm the breakout and thus the future uptrend. This uptrend could result in a price gain of around 20%, which is why one could get an optimal entry point to invest in Shiba Inu in the next few hours.


What are Shiba Inu's next goals?


Since the Shiba Inu price has not made a lower low recently, there is a chance that the price will form an overall uptrend. This would be confirmed in ours once the price breaks the +/- $0.000031 resistance. We expect price to bounce at the first touch of resistance. However, we expect the price to break the resistance thereafter. After the resistance is broken confirming the uptrend as well, the price might target the next resistance at +/- $0.000045. That's where we anticipate the next higher high. A stronger correction could follow.

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