Long

SHIBA-INU Price Forecast

Unexpectedly Shiba-Inu, the decentralized token created in 2020 by the anonymous person/group Ryoshi, is considered a shit/joke coin by many has had a 1,725% in only 51 days.

It reached ATH at 0.00008887 on October 27th, calling attention to investors and whales after capturing the spotlight for such impressive growth.

As expected, since the ATH, the coin came into a correction phase, opening just new opportunities to buy a discount.

The price has finally reached a psychological level that might be considered vital for the next bull run.

If the price manages to hold the fort for the following bulls lineup, it could bring the price to new highs.

Using the Fibo extension and bar patterns tools, we could forecast a potential new high around 0.00020 for a nice +400% gain.

Please, this is not a piece of financial advice.

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