{"id":6645,"date":"2023-11-09T12:55:46","date_gmt":"2023-11-09T12:55:46","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=6645"},"modified":"2023-11-09T12:56:12","modified_gmt":"2023-11-09T12:56:12","slug":"will-shiba-miss-the-mini-bull-cycle","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/will-shiba-miss-the-mini-bull-cycle\/","title":{"rendered":"Will Shiba Miss the Mini Bull Cycle?"},"content":{"rendered":"

Shiba<\/b><\/a> price analysis, we will analyze past price movements through graphs and technical indicators. We will determine support and resistance levels and guide investors about buying and selling decisions.<\/p>\n

The recent general rise observed in the crypto markets has made many investors happy. However, we observe that the expected rise in the SHIBA<\/strong> has not yet occurred. This brings to mind that SHIBA<\/strong> may not benefit enough from this bull run. While there have been rises of up to 50%<\/strong> in other altcoins in the last few weeks, SHIBA’s<\/strong> rise remained at a level of 28%<\/strong> and fell behind expectations.<\/p>\n

In the coming days, if there is a breakout or a positive movement in a parity showing the positive status of Ethereum<\/strong> against Bitcoin<\/strong> like BTC\/ETH<\/strong>, we may see that positive rises are much more likely in other altcoins. In this case, a noticeable rise can be expected in SHIBA<\/strong> as well.<\/p>\n

General market trends and movements in major cryptocurrencies usually tend to affect the performance of other altcoins. If we catch momentum in a parity like BTC.D<\/strong>, this situation could contribute to other altcoins moving upward. Therefore, it can be expected that SHIBA<\/strong> will show a noticeable increase by being affected by this positive period.<\/p>\n

Investors should closely follow the general trends of the crypto market in the coming days and monitor possible breakouts or positive price movements in parities like BTC\/ETH and BTC.D<\/strong>. These developments could affect the potential rise of altcoins like SHIBA<\/strong>, and in this case, it could be possible for SHIBA<\/strong> to achieve the expected rise.<\/p>\n

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