Since December is known to be crypto's hottest months, we should expect the markets to be relatively quiet until the end of November, when SHIB and other cryptocurrencies will see an increase in valuation.
Moreover, looking at previous trends for SHIB, we can see that it traded sideways for about 20 days before another bullish run. As long as ETH / BTC price remain on a positive trajectory, so will SHIB.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.