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CoinGape

Shiba Inu Price Could Hit $0.000081, Analyst Explains Why?

CoinGape
Summary
Nutrition label

60% Informative

Shiba Inu price is up 4% in the last 24 hours and is trading at $ 0.00001897 .

Analyst shares the U.S political landscape as a potential reason for SHIB price to surge.

Shib price action has formed a symmetrical triangle after the breakout, which is a continuation pattern.

Bitcoin price correlation between the two is currently sitting at 83% , which suggests Bitcoin has a fair chance of pulling the SHib price up.

VR Score

34

Informative language

18

Neutral language

31

Article tone

formal

Language

English

Language complexity

36

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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