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Breaking News about #SHIBA✅🚀 Robinhood (The top leading platform to buy cryptocurrency) has bought 230 billion shiba inu . The total now they hold is over 30 trillion shiba this is not financial advise but the Shiba could be the next coin in 2024 bullrun to go​ 🚀🚀 #TrendingTopic #TrendingTopic $SHIB

Breaking News about #SHIBA✅🚀

Robinhood (The top leading platform to buy cryptocurrency) has bought 230 billion shiba inu . The total now they hold is over 30 trillion shiba

this is not financial advise but the Shiba could be the next coin in 2024 bullrun to

go​ 🚀🚀

#TrendingTopic #TrendingTopic $SHIB

buying shiba
92%
selling shiba
3%
not interested
5%
36 röster • Omröstningen avslutad
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$SHIB $SHIB Shiba Inu (SHIB) Faces Potential Price Drop: Is a Breakdown Imminent? Shiba Inu (SHIB), the popular meme coin, is exhibiting concerning signs on the charts, raising fears of a potential breakdown. After a significant price drop exceeding 30%, SHIB is teetering on the edge of what some analysts believe could be an extended correction phase. Indicators of a Potential Downturn: Price Decline: SHIB has lost over 30% of its value, showcasing a sharp decline from its previous highs. Weakening Support: The asset's previously reliable support levels are facing strong challenges, failing to provide the usual rebound strength seen in past rallies. Decreased Trading Volume: A notable decrease in trading volume suggests waning investor interest, potentially indicating a build-up for selling or a lack of confidence in the token's future. Shifting Sentiment: Bearish sentiment appears to be taking hold, with analysts fearing a significant correction if it continues. Possible Future Scenarios: Maintaining Support: If SHIB manages to hold its current support levels, the potential for a breakdown might be averted. Price Correction: A breakdown below the support level could trigger a price correction, leading to SHIB losing a substantial portion of its recent gains. Prolonged Bear Market: In the worst-case scenario, a sustained breakdown could usher in a prolonged bear market for SHIB, signifying a lengthy period of price decline. Investor Takeaway: The coming days are crucial for SHIB. If the token can maintain its support, it might avoid a breakdown. However, if the price falls further, it could signal a more significant correction and potentially a longer-term bearish trend. Investors are advised to closely monitor the situation and exercise caution while making any investment decisions related to SHIB. It's important to remember that this analysis is based on current market conditions and expert opinions, and the future of SHIB remains uncertain.#TrendingTopic #SHIBA✅🚀 #
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