Analysts' advice: SHIB's decline is a good time to buy
CryptoAmsterdam, a well-known cryptocurrency chart analyst, has spoken out. He said that every time the price of Shiba Inu falls, it is a good opportunity for us to stock up more SHIB.
This story started on September 30th. CryptoAmsterdam issued a forecast at that time, saying that the "fourth stage" appeared on the Shiba Inu chart, indicating that it would rise. Yesterday, he updated the forecast again, saying that Shiba Inu formed a "mini cycle" and pushed SHIB to a "new high".
He reminded everyone not to rush and wait for two signals: one is that SHIB breaks through the small range of $0.25, or a false breakthrough, to confirm whether it is a real rise or a joke.
Since September 30th, Shiba Inu has been moving continuously, and completed the mini cycle on November 30th. CryptoAmsterdam said that Shiba Inu is going to continue to rise, but every small drop is a good time to buy.
November is a "growth month" for Shiba Inu, and even the chief boss Shytoshi Kusama has spoken. SHIB started to rise in early November this month, and it also caught up with the election of a president who supports cryptocurrency in the United States.
So far, SHIB has risen by 59% this month, 65.4% in the past week, 64.5% this month, and 182.7% so far this year. This morning, it hit a 7-month high of 0.00003031, and now it has fallen back to 0.0000289.
In this way, Shiba Inu has entered the top ten in market value, surpassing Avalanche (AVAX). It is now the tenth largest cryptocurrency with a market value of $17.09 billion.
Cryptocurrency expert Oscar Ramos also predicted that SHIB's market value will soon reach $100 billion, and SHIB may have to sell for $0.0001697 at that time.
However, you have to be careful when trading in the bull market, as the volatility may be very large in the next few days
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