I'm back with Shiba Inu, because it seems to me that there are possibilities in this crypto but IN THE LONG TERM, which has caught the attention of investors and crypto market enthusiasts.
As of January 21, 2025, #Shibarium is trading at $0.00002052 USD, showing a slight decrease of 0.02749% compared to the previous day.
According to TradingView, the technical analysis of SHIB/USD indicates a "sell" signal in the short term. However, on broader time frames, such as the monthly, the signal is "buy", suggesting a possible long-term bullish trend.
Although Shiba Inu shows mixed signals in the short term, factors such as the increase in token burning and technical patterns suggest bullish potential in the medium term. However, given the inherent volatility of the cryptocurrency market, it is advisable to carefully analyze your tolerance for the risk of loss, because its behavior is always unpredictable.
