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What’s next for Shiba Inu, as it steps on the brakes for now
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ambcrypto.comShiba Inu’s phenomenal bull run during October propelled it into the upper echelons of mid-large cap cryptos. For a brief moment, SHIB overtook the likes of Polkadot and Dogecoin on the crypto ladder, before slipping down to the 10th position post a correction.
The digital asset finally hit pause after snapping an ATH at the 238.2% Fibonacci level, and was now expected to stabilize between the 161.8% and 200% Fibonacci levels before embarking on its next upswing. At the time of writing, SHIB traded at $0.00006870 with a market cap of $37.67 Billion.
Source: SHIB/USD, TradingView
Shiba Inu continued its massive bull run on the back of a bullish pennant breakout two weeks ago. The upswing accounted for another 200% surge, which saw SHIB tag its
Read more on ambcrypto.comAbout this in other media
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