#Shiba
trade now. โคโค
๐พ๐๐ฃ ๐๐๐๐๐ ๐๐ฃ๐ช ๐๐ง๐๐๐ ๐๐๐ก๐ก๐ฎ 52% ๐ฟ๐๐จ๐ฅ๐๐ฉ๐ ๐๐๐๐ฝ ๐๐๐๐ก๐๐จ ๐๐๐ก๐ก๐๐ฃ๐ ๐๐ฅ๐ง๐๐?
๐๐๐๐๐ ๐ธ๐๐ ๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐ ๐๐๐๐๐ ๐๐๐๐๐๐-๐๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐ $0.00001025.
๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐๐๐๐ ๐๐๐๐๐๐, ๐๐๐๐๐๐๐๐๐๐๐ข ๐๐ $0.000025 ๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐๐.
๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐ ๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐.
Shiba Inu price rose slightly today, June 25, aligning with the performance of the crypto market. SHIB trades at $0.00001175, up by 15% from its lowest point this week. Technicals point to a 52% surge despite the ongoing whale selling spree.
The daily chart timeframe shows that Shiba Inu price has been in a strong downtrend after peaking at $0.00001765 in May. It has dropped by 35% from that point to the current level of $0.00001172.
On the positive side, SHIB price has formed a double-bottom pattern at this weekโs low of $0.00001025. This pattern is made up of two distinct lows, and a neckline, which, in this case is at $0.00001765.
A bullish breakout often follows a double-bottom pattern as long as the price remains above the lowest point. The price target in this pattern is estimated by measuring the height by subtracting the lowest point from the neckline. In this case, the height is $0.0000074.
The height is then added to the neckline, bringing the target price at $0.000025, which is 115% above the current level. The initial target will be the double-bottom neckline at $0.00001765, up by 52% from the current point.
