Coinpedia-Market-Insight

How SHIB Price Will Head this Weekend? New ATH or a flash crash!

BINANCE:SHIBUSDT   SHIB / TetherUS
Since a week Shiba Inu has become the talk of the town. The meme token has given a headstart to the month of October. The coin has brought cheer to the grumbling space entering the top 15 cryptos by market cap.

Well, let's find out where the SHIB Price Heading this Weekend? A New ATH or a flash crash

After an impressive rally of 300%, SHIB price entered the correction phase plunging nearly 40%. But, the BUllS managed to hold the upper hand again. The Doge killer then had a splendid recovery with 22% upswing trading above the local support level at $0.00002525.

Right now, SHIB price is trending in the Ascending triangle and approaching the tip. A Break out from here, the price might hit $0.00003500 and also reach ATH which is more likely
On the flip side, if SHIB Bulls fail to HOLD crucial levels the Price may experience a minor correction plunging to $0.00002500.
So, Traders be careful while trading meme tokens as they possess extreme volatility, always use Stop loss to trade with minimum risk.

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