‘A lot ow’ forward? Dogecoin chart fractal places Shiba Inu’s 390% QTD rally in peril By Cointelegraph

(SHIB) has emerged as among the best investments heading into the fourth and closing quarter of 2021, with its value rising by over 390% within the first week of October. Nonetheless, the spin-off meme cryptocurrency now dangers wiping most of these beneficial properties within the coming periods.

Yuriy Bishko, a Ukraine-based market analyst, mentioned the potential bearish state of affairs based mostly on Shiba Inu’s latest value tendencies, which seem eerily much like these recorded within the (DOGE) market earlier this 12 months.