#SHIB has jumped by 5% in the past 24 hours, with the Shiba Inu price rising to $0.00002357 as the crypto market as a whole gains by 2% today.
Shiba Inu remains down by 7% in the past week, however, as well as by 2% in the last 30 days.
On the other hand, its medium- and long-term momentum remains solid, with the coin having gained 160% in the past year.
And with SHIB’s price bouncing overnight and again this morning, today could be the beginning of a new growth spurt.
Shiba Inu Price Prediction as SHIB Bounces 5% Suddenly Overnight – New Bull Rally Starting?
SHIB’s chart and indicators show some very strong momentum right now, largely as a result of the surge it has seen in the past hour or so.
Its RSI (purple) has gone from under 30 very early this morning to just over 70 as of writing, and given that it had been suffering for several days prior to this, it could remain high for a few days yet.
