The price of Shiba Inu (SHIB), a meme coin, has been rising for four consecutive days but is still trailing behind Dogecoin. Technical analysis suggests that the coin could potentially see a significant increase in value soon, with indicators such as the cup and handle pattern and golden cross formation pointing towards a bullish trend. Analysts believe that SHIB may follow the trajectory of Dogecoin, which has experienced significant growth in recent months. The ongoing crypto bull run, strong burn rate, and potential favorable regulations and interest rate cuts could all contribute to SHIB's price increase. However, if the coin drops below key support levels, the bullish case may be invalidated.



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