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Shiba Inu Forecast – RED Alert! Do we see even lower prices?

 


Shiba Inu price, after testing the $0.00001 support, was able to confirm the former $0.0000138 support as resistance, therefore we anticipate the Shiba Inu price to retest the $0.00001 support next. Thus, a short-term recovery phase / sideways phase could result between $0.00001 and $0.0000138. We think a crash to around $0.00001 in the near future is very likely, which is why you should definitely be careful now

As Shiba Inu price is showing no signs of starting a trend reversal any time soon, we expect the price to break the $0.00001 support sooner or later. While we could range between $0.00001 and $0.0000138 in the next few weeks, the chances that the price will start an uptrend are slim. We anticipate the price to break the $0.00001 support. The price could then aim for the next support. This is around $0.000006. However, we would advise against investing at $0.000006.

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