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YouTube Analyst Makes Urgent Shiba Inu (SHIB) Price Prediction – Meme Coin Crash or Rally?

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Release: 2024-06-27 09:50:33
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YouTubeanalystOscarRamoshasaddressedthecurrentmarketsituationforShibaInu.HeexpressedrespectforinvestorswhoboughtSHIBduringtheperiodofintensefear.

YouTube Analyst Makes Urgent Shiba Inu (SHIB) Price Prediction – Meme Coin Crash or Rally?

YouTubeanalystOscarRamoshasprovidedanupdateonShibaInu.HeexpressedadmirationforthosewhopurchasedSHIBduringtheperiodofextremefear.Counteringcommonlogicduringapricecollapseischallenging,andit’snaturaltoreactnegativelyandassignblameduringmarketdownturns.ShibaInuTechnicalAnalysisandPricePredictionsToanalyzeSHIB’spriceaction,RamosemploystechnicalindicatorsliketheIchimokuCloudandBollingerBands.HeobservedthattheIchimokuCloudiscurrentlybearish,withtheTenkan-sen(TK)andKijun-sen(KJ)linesindicatingresistance.However,theChikouSpanispositionedabovethecandles,suggestingapotentialforabullishbreakout.AccordingtoRamos,forSHIBtomakeastrongcaseforsustainedrecovery,itneedstoreturntothemid-20s(likelyreferringto$0.000020–$0.000025range).Thiswouldbringthepricebacktoapreviousconsolidationlevelthathasbeensignificantinrecentmonths.MileiMonedaisanewmemecointhatdrawsinspirationfromthepoliticalandeconomicviewsofJavierMilei,anArgentinepresidentknownforhislibertarianandpro-Bitcoinstance.Getinearlywiththeongoinglowpresaleprice!SponsoredAnalyst’sInvestmentApproachRamosdisclosesthathehasmaintainedhis1billionSHIBpositionandhasaddedanother$480worthofSHIBtoaseparateportfolio.Heviewsthisasanopportunitytoaccumulatemarketfear,astrategyhehasbeenadvocatingtohisaudience.TheanalysthighlightsSHIB’sextensiveecosystemandutilityaskeyfactorsdifferentiatingitfromothermemecoins.HesuggeststhatthesefundamentalsmakeSHIBagoodcandidateforalong-termholdstrategy.Readmore:WhyisNotcoin(NOT)PriceUp?RamosrecommendstheuseoftheLOELindicatorforactiveinvestors,suggestingitcanhelpwithtimingbuysandsellseffectively.Despitethecurrentmarketchallenges,RamosmaintainsanoptimisticoutlookforSHIB.Hesuggeststhatthecurrentpricelevelsmayrepresentabuyingopportunity,especiallyforthosewhocanwithstandshort-termvolatility.JoinAethir’sexclusiveairdropandearnbadgesbyparticipatingineventsorholdingcommunitytokens.Completetasksandsecureyourspotbeforethesnapshotdateisrevealed!

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source:kdj.com
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