Shiba Inu (SHIB) on Verge of 23% Breakout as Golden Cross Develops

UToday

2024-11-17 14:46:58

SHIB-0,83%

MEME-3,53%

The price of the popular meme-inspired cryptocurrency Shiba Inu (SHIB) may be on the verge of a major breakout as suggested by a number of important patterns on its chart. After rallying more than 71.5% since the beginning of the month to peak at $0.00003, the SHIB price further retraced 20% downward, where it seems to have found a local bottom around $0.000024. Such a correction can be considered healthy, considering the performance of the meme token in the first two weeks of November.

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RedForest

· 2024-11-17 14:50

Ambush 100x coin 📈

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