Shiba Inu, the darling meme-coin of crypto investors have proven to be a high return-yielding investment for many. However, the cryptocurrency fell over 60% from its all-time-highs which sparked a feeling of fear, panic, and cautiousness among the ShibArmy members.
The ShibArmy is one of the most active and loyal Twitter crypto communities out there. It was ranked amongst the top #5 most active crypto communities on Twitter. The ShibArmy members are still optimistic about the future of Shiba Inu and advicate to ‘buy the dip’.
Shiba Inu – Make Or Break Zone
According to the price chart of SHIB, the memecoin is at a very crucial zone which could be called – the make or break zone.
Shiba Inu is fast approaching a major ‘resistance level’, which if broken can open more upside for the price.
At $0.00002724, Shiba Inu is facing resistance. If the level is broken out with high volume, another 17% rally is possible by the end of march. (The price prediction is strictly for education purposes and is not financial advice. Please do your own research before investing in cryptocurrencies.)
17% Upside
After forming a great bottom and picking up momentum from a crucial support zone, Shiba Inu has reached the first resistance and to put simply:
- The ‘Make’ situation: Shib breaks the resistance at $0.00002724 and goes higher with a possible 17% upside.
- The ‘Break’ situation: Shiba Inu fails to break out from the afore-mentioned resistance zone and retraces back to expected 13% level of $0.00002343.
Shiba Inu Robinhood Listing
Recently, well-known crypto enthusiast on Twitter by the name of Milkshake has sent out a series of tweets tagging Robinhood and explaining why Shiba Inu needs to be listed on the platform.
“I’m looking at you @RobinhoodApp. Be 100% and list Shiba Inu $SHIB. @AskRobinhood I already sent you a DM. Let’s talk or put me in contact with who I need to speak with. Let me tell you why this opportunity is unique for @RobinhoodApp, over 1.1M+ holders. You’re missing out.”
