Shiba

Bitcoin ETF

Shiba Inu

<p class="is-style-lead">Crypto analyst LuckSide Crypto predicts Shiba Inu will make a major price move within days based on incoming spot Bitcoin ETF news.</p> 
<p>The analyst suggests Shiba Inu (<a href="https://crypto.news/price/shiba-inu/" target="_blank" rel="noreferrer noopener">SHIB</a>) could be triggered today. LuckSide Crypto points out that although the market has been experiencing significant volatility, the surge the community is waiting for to break past the resistance line could be triggered by new around spot <a href="https://crypto.news/greekslive-spot-bitcoin-etf-approval-unlikely-until-2nd-week-of-january/">Bitcoin ETFs</a>.</p> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"> <iframe title="SHIBA INU - WILL IT BE TRIGGERED TODAY?!!!" width="1020" height="574" src="https://www.youtube.com/embed/bmQFe7rchaI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
 </div>
</figure> 
<p> You might also like: <a href="https://crypto.news/shiba-inu-burning-more-tokens-celestia-and-borroe-finance-remain-bullish/"> Shiba Inu burning more tokens; Celestia and Borroe Finance remain bullish </a> </p> 
<p>LuckSide Crypto attributes this prediction to speculation being what got these markets here in the first place, fuelling gains for Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noreferrer noopener">BTC</a>) and SHIB, citing examples, including news on Wednesday from Matrixport being the reason SHIB and BTC prices pulled back. LuckSide Crypto later points out that following <a href="https://twitter.com/cryptorecruitr/status/1743028804312842711" target="_blank" rel="noopener">Dan Gambardello</a>’s positive report, the prices rallied again in response to the positive sentiment that there might be some news on Jan. 5.&nbsp;</p> 
<p>According to signs on the charts, SHIB is showing a “little strength” as it “starts to work its way back to the upside.” The analyst suggests that the community should keep an eye on SHIB over the next day, as if BTC makes a wild swing to the upside, SHIB is likely to respond similarly.</p> 
<p>At the time of writing, SHIB sits at $0.000009589, a 4.1% decrease in the last 24 hours, as shown in data from <a href="https://coinmarketcap.com/currencies/shiba-inu/" data-type="link" data-id="https://coinmarketcap.com/currencies/shiba-inu/" target="_blank" rel="noopener">CoinMarketCap</a>.</p> 
<p> Read more: <a href="https://crypto.news/shiba-inu-burn-rate-spikes-4144-as-token-retains-0-00001-support/"> Shiba Inu burn rate spikes 4,144% as token retains $0.00001 support </a> </p>

Analyst: Shiba Inu to make wild price swing

crypto.news

Other articles published on Jan 5, 2024

Bitcoin ETFs: Wall Street’s Gateway to Crypto Domination?

Expert Unveils Top 7 Cryptos for 2024: XRP, SOL, AVAX, NEAR, ATOM, DOGE, ALGO

6,000 Solana Wallet Drainers Lurk – Secure Your Crypto Today!

Starknet Community Voting and Airdrop Controversy

Investors Take Caution Amid Leverage Purge and Delayed Spot Bitcoin ETF Prospects: Expert

Arbitrum Introduces Special Token Support for Transaction Fees on Layer-3 Networks

Join our free newsletter for daily crypto updates!