WHAT CHINA JUST RELEASED ABOUT SHIBA INU COIN & WHEN SHIB WILL EXPLODE!

SHIBA Inu Token- YouTube

WHAT CHINA JUST RELEASED ABOUT SHIBA INU COIN & WHEN SHIB WILL EXPLODE!

Shiba inu stuck between support and resistance, coin posted massive gains in early may rising by a whopping 2093 percent.
The meme coin went from trading at a low of 0.0000018 and surged to a new all-time high of nearly 0.000040 on May 10th.
A wave of profit taking hit shib after the peak pushing its market value down by more than 86 percent.
Although prices have stabilized after the sell-off shiba Inu has entered a stagnation period SHIB has been contained within a descending parallel channel since May 19th.
Each time shiba inu price has risen to the channel’s upper boundary, a rejection occurs that pushes it to the lower edge from this point it tends to rebound.
If this price action repeats the rebound from the middle support trend line might be significant enough to push shib’s new price to the channel’s upper boundary at 0.0000086 before it faces another rejection or finally breaks out.

#ShibaInuCoin #Shiba #Shib
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