The weekly chart shows that the SHIB price may be on the verge of a strong bearish breakout in the coming months. It formed a double-top pattern at $0.00003365 and a neckline at $0.00001090. This is often a highly bearish reversal sign.
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Editor’s Analysis
Will the new Shibarium update boost Shiba Inu price? continues to draw attention due to its market movement and investor sentiment. While this news is significant, it’s important to consider long-term fundamentals and avoid reacting solely based on short-term hype.
This content is for informational purposes only and should not be taken as financial advice.
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