Simplest explanation.
With the buzz wearing off, Shiba Inu on the daily chart continues its downward trend.
Yet with it's acceptance becoming more common place, and after earning the MC to rank among some heavy hitters, expect the Shib Army to be around for awhile. Barring celebrity tweets it is finding its home after an explosive few weeks.
My little hamster brain anticipates support in the 42-43 range and some room for short gains possibly into the lower 50s.
Outside influences (new listings) can propel it back into the 50s but if Shiba Inu can't find it's support here it may be a continuation of the trend possibly into the 20s
A lot of psychology in this floppy eared Doge killer coin.
With the buzz wearing off, Shiba Inu on the daily chart continues its downward trend.
Yet with it's acceptance becoming more common place, and after earning the MC to rank among some heavy hitters, expect the Shib Army to be around for awhile. Barring celebrity tweets it is finding its home after an explosive few weeks.
My little hamster brain anticipates support in the 42-43 range and some room for short gains possibly into the lower 50s.
Outside influences (new listings) can propel it back into the 50s but if Shiba Inu can't find it's support here it may be a continuation of the trend possibly into the 20s
A lot of psychology in this floppy eared Doge killer coin.
