- SHIB price seems to be contained between the 50 and 10 four-hour moving average.
- Closing outside of this pocket will determine where it is heading next.
- If Shiba Inu manages to overcome resistance, it would likely jump by 65%.
SHIB price seems to be trading at a critical point after experiencing an 84% decline.
SHIB price seems primed to recover
In the following video, FXStreet’s analysts evaluate where SHIB price could be heading next as Shiba Inu trades between two crucial levels.