CandleFocus

Shiba Inu Enters Top 10 Once Again Amid Epic 20% Surge

The dog-themed cryptocurrency Shiba Inu (SHIB) has surged 20% in the last 24 hours, reclaiming its position within the top 10 cryptocurrencies by market capitalization. With a market valuation of $18.9 billion, SHIB is currently the 10th largest cryptocurrency. It has surpassed its previous high of $0.00003, signaling a strong breakout and indicating further potential for price growth. The next price resistance to watch is at $0.000035, and a successful breakout above this level could lead to new yearly highs and a rally towards $0.000039. However, there may be short-term price fluctuations and profit-taking, with potential support levels at $0.00003 and $0.0000225.

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