Shiba Inu, a meme cryptocurrency, is breaking out of its three-year downtrend and could be on track to reach its all-time high, according to a technical analyst known as "The Krypto King." Shiba Inu's price has been improving significantly in December compared to the previous month, where it lagged behind other meme coins. The analyst predicts a major wave that could drive Shiba Inu up by at least 178%, bringing its value to its previous peak. Other market watchers also share this prediction, drawing inspiration from Ethereum's bullish performance. However, Shiba Inu will need to break through resistance at $0.000033 to begin its run to surpass its all-time high.



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