The post ChatGPT Predicts Shiba Inu’s Moonshot: A Quest for a New ATH appeared first on Coinpedia Fintech News
As the Bitcoin price dips to $60,760 before rising to $63,000, the bearish week prolongs the crash in altcoins. With the market cap of meme coins badly hurt during this sell-off, Shiba Inu takes a critical hit and drops for the second consecutive week.
The creation of this second red candle in the weekly chart of the SHIB price trend questions the possibility of a bull run. Further, the doubt for a new all-time high arises despite the potential altcoin season coming with the Bitcoin Halving next month.
So,let’s have a closer look at the Shiba Inu price analysis and the ChatGPT price prediction.
Retest Phase in Motion
This week, the SHIB price fell sharply by 14.68%, forming a prominent bearish candle in the weekly chart. The downfall extended the corrections to 23% and retested the $0.000020 breakout.
TradingView
In the larger price trend, the ongoing corr
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