CandleFocus

Shiba Inu Price Eyes Bullish Reversal As One Whale Scoops 275 Billion SHIB

Shiba Inu Price Eyes Bullish Reversal As One Whale Scoops 275 Billion SHIB
The Shiba Inu cryptocurrency is experiencing a decline in demand from retail investors, leading to a deep retracement in its price. However, it may be poised for a bullish breakout as Bitcoin remains stable above $102,000 and large investors start accumulating. Additionally, the MVRV indicator, a commonly monitored metric, suggests potential further gains for Shiba Inu.

Related News