US Debt Ceiling Deal and Bitcoin Surges: Implications for SHIB Price Prediction

1 min read
Source: Cryptonews
US Debt Ceiling Deal and Bitcoin Surges: Implications for SHIB Price Prediction
Photo: Cryptonews
TL;DR Summary

Shiba Inu has gained 3% in 24 hours, with predictions suggesting that the US debt ceiling deal could propel the cryptocurrency to $1. The US House of Representatives has passed a bill to raise the debt ceiling, preventing a potential default on the country's financial obligations. Shiba Inu is currently trading at approximately 0.00000879, with a strong bullish sentiment prevailing in the market. The 50-day exponential moving average serves as a reliable support level, and a decisive break above this level signifies the potential for continued upward movement.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

3 min

vs 4 min read

Condensed

86%

61088 words

Want the full story? Read the original article

Read on Cryptonews