NewsBTC •
March 6, 2026 at 09:40 •
Analysis
Shiba Inu’s price trajectory has continued to disappoint investors with what seems like a never-ending sell-off. As a result of one year of downtrend, the Shiba Inu price has dropped more than 93% from its 2021 all-time high, now barely resting on levels not seen in two years. While this is going on, though, the bulls seem to be ramping up as the Falling Wedge Support continues to hold strong. Now, the question is, what happens if bulls are able to facilitate a bounce? Why Shiba Inu Could See A 500% Bounce According to crypto analyst Jonathan Carter, the Shiba Inu price is now sitting in a unique position that could trigger the next upward wave. This has to do with the Falling Wedge Support still holding strong, even after multiple attempts to break it. Related Readi...
