$SHIB has experienced dramatic fluctuations recently, rising strongly on Sunday, but falling back by nearly 10% on Monday, falling below $0.00003...
Nevertheless, this may be the calm before the storm, and SHIB is expected to hit a record high.
According to CryptoPotato, SHIB performed well over the weekend, rising more than 15% in 24 hours to $0.000033, the highest point since March this year. But as the market pulled back, SHIB was not spared and fell sharply.
However, analysts believe that SHIB's adjustment is nearing its end. Ali pointed out that as long as SHIB maintains above the support level of $0.000025, it is expected to rise to $0.000037 in the future, and it may even re-challenge the historical high of $0.00008616.
The target price of $0.000081 is still valid, which means that SHIB may be about to enter a bull market again.
In general, SHIB's current adjustment may be ready for the next round of gains, and investors should pay attention to the stability of its support level.