Shiba Inu Breaks Downtrend Line – Is A Trend Reversal Imminent?

Shiba Inu Breaks Downtrend Line – Is A Trend Reversal Imminent?


Shiba Inu (SHIB) along with another meme coin Dogecoin (DOGE) have had the worst crashes. However, SHIB is singing a different tune as it turns green after suffering a bearish downturn for a long time.

Unlike DOGE, the crypto community is very optimistic about the future of Shiba Inu’s price.

Shiba Inu is a popular dog meme coin that is said to rival Dogecoin. SHIB is a high-performer in the crypto space but also suffered a catastrophic drop like the rest of the crypto market.

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However, in October, SHIB was able to bounce back by more than 100% and reached an ATH of $0.00008616.

Shiba Inu was built on Ethereum while DOGE had its own blockchain. SHIB went viral as it was treated

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