CandleFocus 2.7 Trillion Shiba Inu (SHIB) in 24 Hours: Will It Make a Comeback?
2024-10-11
Author: Content Editor
The crypto token Shiba Inu (SHIB) has seen a significant increase in trading volume and on-chain activity in the last 24 hours, indicating a potential resurgence in its price. The token is currently consolidating within a symmetrical triangle pattern and traders are closely watching for a breakout. If SHIB can break above certain resistance levels, it may spark a rally and reach higher highs. The on-chain data also shows a consistent number of large transactions, suggesting that major players may be preparing for a move. With rising transaction volume and technical consolidation, there are early signs of an imminent breakout for SHIB.
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