Why a slow descent for Shiba Inu is likely after 355% rally

United Kingdom News News

Why a slow descent for Shiba Inu is likely after 355% rally
United Kingdom Latest News,United Kingdom Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Shiba Inu (SHIB) price consolidation from May 13, 2022, ended on February 27, 2024, when SHIB saw a massive breakout rally.

Shiba Inu price registered a 354% gain between February 27 and March 4 after breaking out of its 652-day consolidation.

saw a massive breakout rally. However, as investors continue to book profits, a slow bleed seems likely for the meme coin. Also read:ShibaInuholders take profits, pushing , tend to do this more often. The Shiba Inu price action noted a four-month consolidation in 2021, which ended in October 2021, as

undid all the gains in the next eight months. If history repeats, a similar price action could unfold for Shiba Inu price after the 354% rally. Therefore, investors should note that

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shiba Inu Burn Rate Soars 15,608% as SHIB Team Torches SHIB, BONE, LEASHShiba Inu Burn Rate Soars 15,608% as SHIB Team Torches SHIB, BONE, LEASHShiba Inu's epic week adds first-ever LEASH burn, massive SHIB and BONE burns
Read more »

SHIB Lead Breaks Silence on Shiba Inu New Mega Deal: DetailsSHIB Lead Breaks Silence on Shiba Inu New Mega Deal: DetailsShiba Inu lead Shytoshi Kusama speaks as last piece in collection of Shiba Inu technologies unfolds
Read more »

Shiba Inu (SHIB) Might be Gearing up for Another Triple-Digit Rally: Here’s WhyShiba Inu (SHIB) Might be Gearing up for Another Triple-Digit Rally: Here’s WhyCrypto Blog
Read more »

This Shiba Inu (SHIB) Competitor Explodes 200% in a Week: Here’s WhyThis Shiba Inu (SHIB) Competitor Explodes 200% in a Week: Here’s WhyCrypto Blog
Read more »

SHIB Lead Shytoshi Kusama Issues Crucial Warning to CommunitySHIB Lead Shytoshi Kusama Issues Crucial Warning to CommunityHead of Shiba Inu team warns SHIB community against this danger
Read more »

Shiba Inu (SHIB) Bulls Set New Target, Clearing Another Zero Amid 60% JumpShiba Inu (SHIB) Bulls Set New Target, Clearing Another Zero Amid 60% JumpShiba Inu (SHIB) skyrockets 60%, here's next major target to watch
Read more »



Render Time: 2025-04-07 23:25:42