Shiba Inu Price Prediction As $SHIB Edge Close to 20% Breakout Rally

Shiba Inu Price Prediction: Amid the current correction sentiment in the broader market, the second largest memecoin Shiba Inu (SHIB) witnessed a notable correction from the $0.00001191 resistance initiated in mid-December. Within a month, the coin price tumbled 19% to currently trade at $0.00000986 wavering close to the 50% FIB level. A Healthy retracement as per the FIB tool indicates the SHIB has the potential to rebound and resume the prior recovery.