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Shiba Inu Opens Buying Opportunity Before Native Token SHIB Breaks Out -Breaking

by Mike Robinson

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Shiba inu opens Buying Opportunities Before Native Token SHIB breaks out
  • SHIB develops a bullish reversal pattern.
  • A tightening of the consolidation may have fueled a breakout.
  • It is expected that the ATH will be attained.

A famous meme coin, Shiba Inu, has seen a close consolidation near the $0.00003200 Fibonacci support level. SHIBA, too, is likely preparing for an enormous price spike that may be even higher if it is bid on by a larger market.

With Shiba Inu’s price going sluggish for a while, hodlers are becoming frustrated by the day. Relative Strength Index (relative strength index) on daily charts has not strayed far from the 40 level during a bull market.

The Composite Index remains neutral as of Dec 5. Based on the patterns, SHIB’s market consolidation could be seen as the start of a significant price spike. This is the most popular…

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