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Shiba Inu to eat another zero as it targets new all-time highs – FXStreet

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A brief technical and on-chain analysis on Shiba Inu price. Here, FXStreet's analysts evaluate how SHIB could be about to resume its uptrend.
 
 

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Polkadot price could print one more decline into $4. Bitcoin, however, shows bullish evidence; thus, a pullback scenario is likely. Polkadot price, like many cryptos in the market, shows signals of a temporary bottom.
Solana price is still suppressed within the $30 region as the 3rd week of June's trading session commences. Over the weekend, the price action traded mostly sideways as neither the bulls nor the  bears could produce a confident rally.  
Terra's LUNA price is floating on hope and hope alone. Writing a bearish thesis for a community of devout investors, developers, and fans is never enjoyable. A Value Point of Control points to $0.59 as a potential bearish target.
ETH price briefly falls below $1,000 as venture capitalist firm Three Arrows contributes to a 33-million sell-off. Ethereum price has yet to breach the Elliott Wave trend channel. A breach at $366.80 will invalidate the bullish macro count.
Bitcoin price has gone through turbulent times over the last few months. From reaching a new all-time high to hitting yearly lows and revisiting levels since 2020, the crypto markets have been extremely volatile.
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She has spent the past eight years playing the role of an infrastructure consultant, and has now joined Inferse.com as a full time blogger. Her current profession is a result of her deep interest in computer gadgets, laptops, gaming accessories and other tech happenings.