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Shiba Inu Price ForecastCoinGape
•Business
Business & Economics
72% Informative
Shiba Inu price tumbled towards $ 0.0000021 on Wednesday Jan 22 , reflecting 15% losses on the weekly timeframe.
SHIB whale transactions have declined by 49% since the launch of $ TRUMP and MELANIA memes amid the US Presidential Inauguration on January 20 .
Decline trading volumes suggest SHIB market momentum could be approaching a major inflection point.
The high trading volume accompanying recent declines underscores increased sell-side activity.
A breakdown below this level might accelerate panic selling, potentially dragging SHIB toward $ 0.00001500 .
Conversely, a bullish rebound could occur if SHIB manages to reclaim the midline of the Bollinger Bands .
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