The popular meme-inspired cryptocurrency Shiba Inu (SHIB) is showing signs of a potential major breakout, according to patterns on its chart. After a 71.5% rally since the beginning of the month, SHIB experienced a 20% retracement and seems to have found support at around $0.000024. The SHIB price could potentially rise to $0.00003, a 23% increase, in the coming week. The development of a golden cross on the daily chart, which is a rare event, further supports bullish momentum for SHIB. The ultimate goal for SHIB is to reach its all-time high of $0.00009, which would require a 264% increase from its current levels. While the feasibility of this goal in the current economic environment is uncertain, SHIB has shown significant growth in recent weeks.



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