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Shiba Inu Price Prediciton: SHIB is about to double – FXStreet

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A brief technical and on-chain analysis on Shiba Inu price. Here, FXStreet's analysts evaluate where SHIBA could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.
Read: SOS Stock Price: Sos Ltd snaps losing streak despite hitting a new 52-week low price

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Solana price has been in a downtrend since April 2 and shows signs of slowing down as it approaches the range low. A bounce around the current level, leading to recovery above the range’s midpoint is likely in the coming days.
Algorand price breaks out in response to FIFA World Cup sponsorship news. This is the first time in a decade that the FIFA World Cup has an official blockchain sponsor from the US. 
ApeCoin price ignored all the bearish signals during its ascent last week and hit a new all-time high after a constant uptrend. This rally was driven mainly by the mania of the Yuga Labs’ “Otherside” metaverse land sale, which required users to hold APE.
Bitcoin is likely to slide below $37,699 to collect liquidity before heading higher. BTC has prematurely triggered a minor run-up, leaving its downside objective unfulfilled. Investors can expect BTC to slide lower and collect liquidity below a significant level before triggering a full-blown impulse move.
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