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Shiba Inu price ready to retrace before SHIB enters new uptrend

  • Shiba Inu price seems bound for a short-lived correction.
  • A spike in selling pressure could push SHIB to 0.0000080.
  • If this support level holds, the meme-coin could rebound to start a new uptrend.

Shiba Inu price appears like it could pull back briefly before targeting higher highs.  

Shiba Inu price seems primed to recover  

In the following video, FXStreet’s analysts evaluate where Shiba Inu price could be heading next as it seems bound for a correction.

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.